Turkish crypto bill: 5 things to know before it’s introduced

This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency. 2667 Total views 13 Total shares Minnesota Rep. Tom Emmer has reintroduced a bill aimed at preventing the IRS from imposing penalties or fees on crypto taxpayers with forked assets.In…

Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests.Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals.Major exchanges see record BTC withdrawalsWith FTX contagion still in the air, exchange users have been busy withdrawing funds to…

Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. 2999 Total views 8 Total shares Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26-million agreement will…

Searches for crypto-related jobs have dropped 53%, while the share of job postings in the industry has surged 26% in 2019, new research says.On Nov. 7, Texas-based recruitment platform Indeed.com has published a new research devoted to the analysis and prospects of the job market in blockchain and crypto industry.To deliver the report, Indeed analyzed…

Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen, currently lead the world’s largest crypto exchanges by volume.

According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. 3803 Total views 20 Total shares Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run.In an interview with BBC World News today, Novogratz said governments…

The members of the House Financial Services Committee are expected to question Gary Gensler during a Sept. 27 hearing on SEC oversight. 250 Total views 1 Total shares Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds

It is expected that the total figure of tokens could rise to north of $85 million. 1136 Total views 2 Total shares Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was…

The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity. 488 Total views 1 Total shares Tether developers are set to release innovative JavaScript libraries created to facilitate the transmission of commands and signals to Bitcoin (BTC) mining hardware, including WhatsMiner, AvalonMiner and Antminer.In a post shared on X…