Bitcoin mining difficulty hits lowest level since March as price tops $57K
The drop in mining difficulty should spell relief for the largest mining firms.
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Over 400 South Korean officials disclose $9.8M in crypto holdings
Over 20% of South Korean public officials who disclosed their assets held cryptocurrencies, including Bitcoin, Ether, XRP and Dogecoin. South Korea’s Ethics Commission revealed that high-ranking public officials in the country hold an average of 35.1 million won ($24,000) in crypto assets. On March 27, the country’s Ethics Commission for Government Officials reportedly disclosed that

Tim Draper Bets on New .Crypto Domain to Replace Wallet Addresses
Tim Draper-backed Unstoppable Domains has launched its new .crypto domain registry on the Ethereum blockchain. The registry allows users to connect any cryptocurrency address to their domain, enabling payments to be made using just the domain name, according to a press release published on Oct. 11.Alleviating the need for length wallet addressesTo make a payment,…

No credit for crypto — users react to Russia-issued credit card ban
Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users.On Saturday, Visa, Mastercard, and PayPal announced they would be suspending operations in Russia following the country’s military actions in Ukraine. Visa called Russia’s actions an…

‘Crypto is not communism’ — Exec slams BIS’ take on crypto
The president of CoinFund says that the Bank for International Settlements “mix of fear, arrogance, or ignorance” poses a threat to the entire financial industry. 3916 Total views 7 Total shares The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire

How massive liquidations caused Bitcoin to plummet 16% in 24 hours
Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction.Prior to the pullback, the open interest of the Bitcoin futures market hit a new record high. The derivatives market was…

Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month. Bitcoin mining company Marathon Digital has linked the recent slump in its total amount of Bitcoin's (BTC) mined in June to the weather conditions in…

Anon-powered options: DeFi platform Premia goes live
The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members of the Premia Republic,” the name for Premia’s forthcoming DAO…

Crypto adoption has no future without regulation and law enforcement
The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, but higher value transactions, too.Bitcoin (BTC) and other cryptocurrencies are certainly accomplishing a lot when it comes to creating a decentralized…