Thai authorities raid illegal Bitcoin mine behind local power outages

The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final Goerli testnet integration to the Beacon Chain on Aug. 11.At present, miners can create new Ether (ETH) by pledging a…

The Ministry of Finance of India continues to form a careful position on private cryptocurrencies. 354 Total views 2 Total shares The Minister of Finance of India, Nirmala Sitharaman, has given a ray of hope for the Indian cryptocurrency community, as more fear, uncertainty and doubt circulate regarding a supposedly impending ban on digital assets. In…

On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced the launch of the Web5 platform. Web 1, 2, 3 and now Web 5? But where is Web 4? Those who don’t care about number sequences can just downloaded Web 7.But first, so that no…

The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics since January 2019. The ASA received four complaints, each accusing the platform of being misleading about Bitcoin investment profitability. The…

The "Bitcoin Bubble Index" is heavily hinting that another BTC price local peak will come this year. 1955 Total views 4 Total shares Bitcoin (BTC) is facing a “double bubble” and will see two price tops this year, fresh data suggests.In a tweet on Aug. 18, Charles Edwards, CEO of investment firm Capriole, highlighted 2021…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The much-awaited airdrop of layer-2 scalability protocol Arbitrum has dominated headlines throughout the week. The hype around the token has led to exploits, fake airdrops and even a significant surge…

The Bermuda Ministry of Finance has approved the initial coin offering (ICO) of trading company Velocity Ledger Holdings Limited (VLHL), according to a press release published on April 10.VLHL’s subsidiary VL Financial is now in the application process with the Bermuda Monetary Authority (BMA) to obtain the relevant licenses to operate. If approved by the…

The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. 1506 Total views 20 Total shares The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players'…

Hong Kong-based blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on the Nasdaq, Bloomberg reported on July 10.Diginex is reportedly going to close a reverse merger deal with 8i, which will reportedly amount to…