Bitcoin miners rise 10% after Trump promises to back US miners

United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.

It remains unclear if Durov has been officially arrested or charged.

South Korean crypto company Enjin Wallet has reportedly been appointed by Samsung to back a blockchain wallet in its new Galaxy S10 smartphone, anonymous sources told Asia Crypto Today on Monday, Feb. 25.The anonymous interlocutors provided an image to the outlet that was purportedly posted by Tworld — Korea’s second largest telecom company. The screenshot…

The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. 4140 Total views 21 Total shares Amid the ongoing concerns over Bitcoin's (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin…

Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively. 203 Total views 1 Total shares Crypto exchange Binance announced the launch of new subscription-based could mining products dedicated to Bitcoin (BTC) mining. Starting June 15, users that are…

“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country received a downgrade from Fitch. 202 Total views 17 Total shares El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC). American credit rating agency Fitch Ratings lowered El Salvador’s long-term Issuer Default…

The mandatory license will allow Crypto.com to issue crypto debit cards in Australia. 1943 Total views 36 Total shares Crypto exchange and debit card provider Crypto.com has completed the acquisition of an Australian financial services company in order to secure an Australian Financial Service License, or ASFL. The acquired firm, named The Card Group Pty Ltd,…

The administration of Belarus Hi-Tech Park is the best authority to regulate the crypto market in the country, First Deputy Prime Minister Nikolai Snopkov said. 656 Total views 6 Total shares The Belarusian government has proposed to appoint the Hi-Tech Park Administration as a supervisory authority for local crypto exchanges and digital tokens, First Deputy…