Bitcoin miners see 3x profit margins despite higher network difficulty
Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900.
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Axie Infinity escapes Ethereum gas fees as Ronin sidechain goes live
The increasingly popular blockchain game will encourage users to migrate land and items early with a limited edition NFT gift. 3240 Total views 12 Total shares Pokemon-inspired blockchain game Axie Infinity has announced that its long-touted Ethereum sidechain, Ronin, has gone live.Developer Sky Mavis developed the sidechain to ease the pressure of Ethereum network congestion…

Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information. 151 Total views 13 Total shares The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating…

FCA releases discussion paper on crypto market transparency, abuse
In the latest step in the long process of regulating crypto in the UK, the FCA is asking for feedback on two areas under its responsibility.

Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally
Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai. TON/USDT weekly price chart. Source: TradingView TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with

'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.

MoneyGram suspends trading on Ripple, citing SEC lawsuit
"Due to the uncertainty concerning their ongoing litigation with the SEC, the company has suspended trading on Ripple's platform," says MoneyGram's quarterly outlook. 5583 Total views 14 Total shares Global money transfer service MoneyGram says it has changed its relationship with blockchain payments firm Ripple amid the latter's litigation with the Securities and Exchange Commission.According…

Bakkt Begins Testing Bitcoin Futures Platform Following Hype and Delays
Bakkt, the long-awaited Bitcoin (BTC) futures platform from the Intercontinental Exchange (ICE), has begun testing the delivery of BTC futures, according to an official tweet on July 22.Per the tweet, user acceptance testing for Bitcoin daily and monthly futures began today with participants from around the world.The platform initially announced the launch of futures testing…

Bithumb Acquisition Deal Appears To Be ‘Off’
Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal.As Cointelegraph reported previously, BK Global Consortium, a firm headed by one of South Korea's leading plastic surgeons, closed a deal in Oct. 2018 to acquire 50% plus one share of…