Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
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NFTs and the mob: When gangsters enter, is it time to leave?
A mob-themed NFT collection has launched, but recent data suggests the nonfungible token market may already have peaked. 2391 Total views 20 Total shares The founders of a Las Vegas mob attraction are launching mob-themed nonfungible tokens encompassing digitized versions of real-world organized crime memorabilia.Dubbed “The Mob Experience,” the collection includes NFT versions of artifacts that…
Expansion of short-term BTC holders suggests ‘final flush’ of sellers
Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place. 820 Total views 5 Total shares A recent spike in short-term BTC holders could signal a “final flush” of sellers, meaning the capitulation events have played out, leaving the market ready for months of accumulation. The latest The Week On Chain report from…
Binance and Coinbase silent on Bitcoin Lightning: Community tries to understand why
The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol.Last week, Robinhood crypto trading app became the latest major industry player to announce the Lightning integration, following in the footsteps of BitPay and…
UK forms Bitcoin Policy org to boost BTC education and adoption
God save our gracious coin, long live the coin. A team of entrepreneurs, environmentalists and Bitcoin (BTC) advocates have assembled to back Bitcoin in Britain.The Bitcoin Policy U.K. (BPUK) unites stakeholders, policymakers, environmentalists, tax specialists, Bitcoin experts and miners to “Unlock the potential of Bitcoin” in Britain, and explore how the decentralized currency’s burgeoning industry…
Insider trading claims over MAGA token sell-off debunked as MEV bot activity
An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity.
In Legal Battle With US SEC, Telegram Sees New Support From Trade Association
The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision (SEC).The amicus brief and the SEC’s lack of clarityThe April 3 brief takes the SEC to task for backtracking on its…
Israeli-Led Blockchain App Company to Make Extensive Layoffs While Restructuring
Gibraltar-registered Israeli blockchain application platform First Digital Assets (FDA) will fire most its employees in a major restructuring process, the company confirmed to Israeli English-language news resource Globes on March 4.FDA, which operates multiple spin-off companies in the blockchain space, will merge all but one of them into their parent company. Its research arm, One…
Coinbase secures partial victory over SEC in motion to compel discovery
Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.