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Bitcoin miners see worst revenues in 11 months as difficulty climbs

August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.

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Malta’s Financial Watchdog Warns Of Repeat Offender Bitcoin Scam
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Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam

The Malta Financial Services Authority (MFSA) has warned of a new Bitcoin (BTC) scam that shares the same characteristics as a previously identified entity.The watchdog issued its warning on Oct. 31.Opportunity for fraudThe MSFA cautions the public that an entity dubbed “Bitcoin Future” appears to display “the same deceitful characteristics” as a separate scam, dubbed…
Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services
Cointelegraph FeedCryptocurrency News Feeds

Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services

Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched “Coinbase Custody,” its digital assets custodian solution for large institutional investors, on July 2. The new service is notably secured through an independent broker, Electronic Transaction Clearing (ETC), that…
Ethereum Ice Age May Be Imminent If Miners Withdraw From Network
Cointelegraph Feed

Ethereum Ice Age May Be Imminent If Miners Withdraw From Network

The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a proof-of-stake algorithm takes place.In the lead-up to the Istanbul upgrade, implemented on Dec. 8, the Ethereum team decided again to postpone the…
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Libra Exec Hirings Suggest Commitment to Anti-Crypto Regulations

Following a big-time update to its white paper in mid-April, the Libra Association has over the past couple of weeks made a string of striking new additions to its core governance team, including appointing Robert Werner as its general counsel and Stuart Levey as its CEO. Before joining the Libra Association, Werner served as the…
Breaking:-bitmex-will-pay-$100m-in-penalties-to-fincen,-cftc
Cointelegraph Feed

BREAKING: BitMEX will pay $100M in penalties to FinCEN, CFTC

Former CEO Arthur Hayes and other executives at the firm are still likely to face charges on alleged violations of the Bank Secrecy Act. 670 Total views 5 Total shares Crypto derivatives exchange BitMEX has agreed to pay up to $100 million to resolve a case from the United States Commodity Futures Trading Commission, or…
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