Thai authorities raid illegal Bitcoin mine behind local power outages

According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors as well as track all tokens issued for its own records. 225 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings…

Former Goldman Sachs analyst turned Bitcoin (BTC)  maximalist Murad Mahmudov believes the top cryptocurrency will hit $100,000.“Zoom out & think big”In a tweet posted on Aug. 13, Mahmudov — who serves as chief information officer (CIO) at cryptocurrency hedge fund Adaptive Capital — wrote:“At first glance this looks like a weak chop for the next…

SushiSwap, an upcoming DeFi protocol forked from Uniswap's decentralized exchange, has grabbed numerous headlines in recent days. One such story pointed out that the project's pseudonymous head, known only as Chef Nomi, maintains access to $27 million in Sushi tokens.Cointelegraph reached out to SushiSwap’s founder for further clarification in an attempt to ensure fair reporting,…

The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines.Brazil’s central bank announced its decision on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will be classified as non-financial products and as such, will be accounted as goods on the central bank’s…

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from the all-time high levels. Own this piece of history Collect this article as an NFTBitcoin transaction fees saw a sharp surge in early May, reaching their highest point over the past two years, according to data from CryptoFees.On…

The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like a small figure, the sheer volume…

Polygon allows Teller Finance to port its solutions onto a scalable network, thereby overcoming many of the current challenges associated with Ethereum. 294 Total views 4 Total shares Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable,…

The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.” 814 Total views 29 Total shares Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.Myanmar’s NUG is a shadow government…

According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.” 61 Total views 1 Total shares Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El…