Crypto miners stole $723M of electricity in Malaysia since 2018: Report
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation.
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DeFi: Who, what and how to regulate in a borderless, code-governed world?
Hold onto your hats, boys and girls! It’s a new world — a financial system without intermediaries, that anyone can access 24 hours a day with only a mobile phone and a wallet! As Julien Bouteloup said to me: “In DeFi, what we are building is fully decentralised technology, fully transparent, run by mathematics. No one…
Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.
Cointelegraph Consulting: Deep diving with Ethereum whales
Apart from the amount of Ethereum that the whales hold, another defining characteristic of the group is its investment behavior pattern: It goes long on its assets and, probably, on the ecosystem itself. Neither have the whales sold any significant portion of ETH throughout the life of their addresses nor have they transacted with their…
Biden considers tightening AI chip controls to China via third parties
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips. The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties. According to a report from Reuters
Litecoin Price Gains 22% as Chart ‘Cup and Handle’ Targets $100
On Jan. 30 Litecoin (LTC) lit up the charts in both it’s USD and Bitcoin (BTC) pars by rallying more than 20% to secure a spot as the highest daily gainer amongst the top-10 cryptos ranked by market capitalization. Crypto market daily price chart. Source: Coin360Investors will recall that in 2019, Litecoin front-ran the Ether (ETH)…
Bitstamp says its users are now covered against a broad web of crime
Crypto needs insurance too. 331 Total views 4 Total shares Digital asset exchange Bitstamp has beefed up its insurance measures to combat the inherent uncertainties associated with the crypto space."The policy covers an array of crime-related cases, such as employee theft, loss while the assets are stored at any premises, loss in transit, loss caused by…
The Philippines’ top payment provider adds crypto to its mobile app
With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. 139 Total views 12 Total shares Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others.According to TechInAsia, PayMaya users will be able…
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound?