Bitcoin hashrate drawdown reaches December 2022 levels

Filecoin's mainnet is on pace, with its testnet competition possibly commencing in July. 1074 Total views 38 Total shares After releasing details of its testnet competition several days ago, Filecoin business development staff Angie Maguire said the project's mainnet is on pace for this summer."The Filecoin mainnet is on track for our launch window July…

Major United States-based cryptocurrency exchange Coinbase has filed to close its political action committee (PAC) on April 3.According to a filing with the Federal Election Commission (FEC) — the regulatory agency in charge of enforcing election laws — Coinbase’s PAC received no funds nor made any disbursements, and is seeking to terminate the PAC.Per FEC…

On May 17, bitcoin’s (BTC) price experienced a “flash crash,” dropping to $6,400 within minutes, which was triggered by a 5,000 BTC sell-off — equivalent to around $35 million at the time.An individual investor, speculated to be a whale — an investor holding a significant amount of bitcoin — is said to have placed a…

The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments. 351 Total views 2 Total shares India’s stance on crypto adoption has been a gray area ever since the birth of Bitcoin (BTC). In what seems like another blow for the Indian crypto community, one…

Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. 556 Total views 38 Total shares Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.According to a Tuesday…

Ads boasting that the price of the controversial HEX token has risen 11,500% in four months appeared at English Premier League soccer games. 735 Total views 11 Total shares Richard Heart’s controversial HEX token has launched an advertising blitz in the U.K., plastering ads on London public transportation, in newspapers, and during English Premier League…

The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations. 207 Total views 4 Total shares Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States.According to a draft…