Why crypto miners are ditching debt for equity

Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors. 1675 Total views 14 Total shares The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors.The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more…

United Kingdom-based digital payments firm Electroneum has announced the launch of a smartphone that is capable of mining cryptocurrency, according to a press release published on Feb. 25.  The new device by Electroneum, dubbed M1, incorporates the tech firm’s cloud mining technology, which enables users to mine the firm’s bespoke cryptocurrency, Electroneum (ETN) in return…

The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks.

According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to…

Users losing funds due to malicious activity is hardly unknown on Ethereum. In fact, it is the very reason researchers recently developed a proposal to introduce a type of token that is reversible in the event of a hack or other unsavory behaviors. Specifically, the suggestion would see the creation of an ERC-20R and ERC-721R, which…

Day one trading volume across all nine products stood at less than $2 million. 236 Total views 3 Total shares The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison.On Oct. 2, nine new ETF products

FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs. 384 Total views 10 Total shares The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity…

China’s nationwide blockchain network, the Blockchain-based Ser­vice Net­work (BSN), will launch in April 2020, six months after it was rolled out for testing.Backed by Chinese government policy think tank the State In­for­ma­tion Cen­ter (SIC), the ambitious project aims to provide a trusted and scalable infrastructure for supporting new blockchain projects as well as the development…

The spot Bitcoin ETFs have continued to attract inflows, suggesting that the long-term bullish view remains intact.