Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia

Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining operations due to the “misappropriation of electricity” in Orenburg. Bitcoin Mining in Orenburg is Problematic There have … Read more

Texas State Securities Board Has Uncovered 32 Illegal Crypto Offerings Since December

Texas has always been an interesting state, even though it tends to do its own thing. Even so, the Lone Star State is keeping a very close eye on cryptocurrency offerings and the risk of fraud associated with this particular business model. Unfortunately, it seems there are a lot of ongoing investigations in this regard, which further confirms … Read more

Meet the Stablecoins Taking on Tether

Stablecoins aren’t exciting. They don’t pump, moon, or 10x. And yet they have the potential to make traders more money than any other cryptocurrency. These stabilized tokens – usually pegged to the US dollar – scarcely move in price, and yet they’re pivotal in anchoring the crypto markets. Here’s everything you should know about the … Read more

JPMorgan Chase Customer Files Lawsuit Over Cash Advance Fees on Bitcoin Purchases

Justice is often a dish best served cold. In the world of Bitcoin and other cryptocurrencies, it seems a major victory has been scored. More specifically, JPMorgan Chase faces a lawsuit for charging customers a cash advance fee when they attempted to buy cryptocurrency from certain exchanges. It was only a matter of time until that … Read more

Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework

The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s … Read more

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