Bitcoin miners ‘near capitulation’ as profits dry up alongside BTC sell-off

The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website. 296 Total views 4 Total shares In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors.Thailand’s…

La Roja is launching a fan token in partnership with Turkish blockchain platform Bitci Technology. 1981 Total views 11 Total shares The Spanish national soccer team will launch the world’s first national soccer team fan token thanks to a partnership between the Royal Spanish Football Federation and the Turkish blockchain platform Bitci Technology.The token will…

“Combine a digital asset with a rainforest carbon offset and give everyone in the world access." 918 Total views 7 Total shares An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute. According to a Dec. 1 announcement, the Universal Protocol Alliance, or UPA, has…

Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC. 233 Total views 8 Total shares Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded…

As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. 1921 Total views 37 Total shares Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will…

Major cryptocurrency exchange Binance announced that it is about to launch a new futures product tracking crypto asset NEO.Per the announcement published on Feb. 16, the NEO/USDT futures will be launched on Feb. 17 and traders will be able to select leverage between 1x and 50x. The fees that the exchange imposes on trades of…

A community member has argued that FTX's BIT tokens should not be automatically converted because of disqualifying factors. 95 Total views 3 Total shares A community member started a discussion among participants in the Mantle decentralized autonomous organization (DAO), proposing to restrict the collapsed FTX exchange and Alameda Research from converting their BitDAO (BIT) tokens…

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…

BNB Chain noted that the rise in verified smart contracts highlights the demand for security, reliability and scalability. Although some consider the second quarter of 2023 a lost quarter, others find that the smart contracts industry remains resilient. Even though the crypto space suffered from lower investments from venture capital firms, developers continue to deploy smart contracts,…