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Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan Government Blocks Cards Used to Buy Cryptocurrency, Media Reveals Bank accounts in the … Read more
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin. Go to Source Powered by WPeMatico
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint Digital Coins Using Renewable Energy Regulated companies mining cryptocurrency in Iran … Read more
The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and … Read more
South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines. Go to Source Powered by WPeMatico
With the number of cryptocurrencies released daily, there’s no shortage of unicorn projects that see significant price increases shortly post-launch. Capybara world is a recently released Metaverse meme coin listed on CoinMarketCap five hours ago. It already gained over 800% in price with a fully diluted market cap of $2.4 million. Let’s look at Capybara … Read more
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy supply like the United States. Miners Shut Down Crypto Farms Due … Read more
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. Go to Source Powered by WPeMatico
Retail could be right around the corner: New Bitcoin wallet addresses shot up by almost one million in November. Go to Source Powered by WPeMatico
S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will keep growing by complementing traditional … Read more