6 Best Free Cloud Mining Sites in 2023 – Daily Payouts

Cloud mining of cryptocurrencies such as Bitcoin, Litecoin, Dashcoin and Dogecoin has become an increasingly popular method of generating passive income. So our team of analysts compiled a shortlist of the top six reliable and profitable cloud mining sites for bitcoin mining. The sites were selected based on several factors, including reliability, reputation and profitability. We believe these cloud mining services will add more passive income for you. HappyMiner (9.8 points) NFTproX (9.6 points) Binance (9.5 points) ECOS (9.2 points)  Bitdeer (9.0 points) NiceHash (9.0 points) Investment in cloud mining has numerous advantages, making it a popular choice for those

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Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry participants have said many crypto firms are not audited because the […]

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South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia

The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Banking giant JP Morgan said it now projects South Africa’s gross […]

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Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online

The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too has been banned from the […]

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Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation

Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee were expected to point to the Republican Party’s lack of […]

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A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s […]

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4 of the Best Cryptocurrencies for Newbie Investors

Did you know the total value of existing cryptocurrency was around $804 billion early this year?  Bitcoin is not just the first-ever and best-known cryptocurrency — it’s also the most valuable. But if you’re new to the space and want to start investing in digital currency, which ones are worth it? According to one source, there are nearly 23,000 cryptocurrencies. But that’s not the same as saying that all cryptocurrencies are worth sinking money into.  Investing in cryptocurrency doesn’t have to be a doom and gloom situation akin to a nightmare scenario where you discover that your health issues are

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Syrian Crypto Dealer Freed From Kidnappers Who Demanded Ransom of Over $1.1 Million

Spanish law enforcement recently nabbed three individuals who befriended and eventually kidnapped a Syrian cryptocurrency dealer. Following their arrest, the kidnappers, who were demanding a ransom of over $1.1 million, were found in possession of weapons and fake identity documents. Syrian Crypto Dealer’s Captors Were His Party Friends Spanish law enforcement recently freed a Syrian […]

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Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of Coinbase’s registration statement was done to ensure the latter had made “proper disclosures in […]

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6 Ways to Earn Passive Income From Crypto in 2023

Do you want to boost your passive income from Bitcoin and crypto? Would you like to know the quickest way to activate the bitcoin income you are now receiving? There are more opportunities for passive income as a result of the surge in popularity of cryptocurrencies. The goal of producing residual income with bitcoin is to make money continually without active engagement. Instead of taking excessive trading risks, making the time-consuming effort, or letting your Bitcoin lie idle, you may now put it to work for as long as you like. Set up the situation gradually. Once set up, they

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