Why crypto miners are ditching debt for equity

An indictment has been filed against Afek Zard in Israel over the alleged theft of 74.990.74 Dash (over $9 million) from his roommate, local media News1 reports on April 18.According to CoinMarketCap data, the amount of coins stolen is equivalent to over 0.85% of the total circulating supply of Dash. News1 states that the reported…

The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally.…

German finance minister says “A wolf in sheep's clothing is still a wolf.” 1432 Total views 14 Total shares Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators.As reported by Reuters,  German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7…

“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin," said Mati Greenspan. 488 Total views 16 Total shares The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off…

The cryptocurrency industry has grown at a staggering pace. There are now almost 21,000 different coins in existence, across a variety of subsectors. From metaverses to decentralized finance, investors are spoiled for choice.But a burning question, especially among crypto skeptics, is this: Are there too many cryptocurrencies? We've repeatedly seen how new altcoins can be…

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which DAO has the most potential in 2022. 565 Total views 4 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022.But first,…

Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto. 597 Total views 21 Total shares Major cryptocurrency exchange Binance and Indonesian exchange Tokocrypto have listed a rupiah-backed stablecoin, Binance IDR (BIDR).According to an announcement on June 30, Binance and Tokocrypto users can now trade BIDR against Bitcoin…

Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC).Just days before the Oct. 16 public token distribution, the SEC dealt Telegram a crippling blow by issuing…

There are now 85,400 Bitcoin millionaires, more than double the amount from 2023.