CleanSpark acquires mining facility in Georgia for $33 million

Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down. 1909 Total views 16 Total shares An Ethereum-based project has been forced to cease development due to rising gas prices, as the cost of transacting on the blockchain continues to push new highs.The official Twitter account…

The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4.The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency industry and protect investors, affecting…

The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance violations to litigate against. 252 Total views 2 Total shares The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.FOX Business reported on…

Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), Polygon (MATIC) and Ampleforth (AMPL).Since Markets Pro was launched in January, the Altseason…

The New York Department of Financial Services determined that Cash App was in violation of consumer protection laws and failed to monitor “high-risk” BTC transactions. Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash App platform, Bloomberg reported on April 10.

There are forces at work which could take BTC price action back to $44,500 in the short term, analysts reveal. 1807 Total views 35 Total shares Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend's CME futures gap.BTC/USD 1-hour candle…

U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government. 174 Total views 16 Total shares A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”In…

The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt

A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago.SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop the…