Trading News

The Middle Eastern countries have demonstrated their commitment to the global blockchain community by joining it. The United Arab Emirates has a reasonable basis for blockchain-related firms thanks to Switzerland’s Crypto Valley and the UAE government’s forward-looking posture. For the Davos World Economic Forum in January 2020, DMCC partnered up with Crypto Valley, a Blockchain … Read more

“Subnets might be the next great breakthrough in blockchain tech,” says Emin Gün Sirer, leader of the Avalanche Foundation. Avalanche, a blockchain platform, has announced the introduction of an incentive program called Avalanche Multiverse. The program will help drive the adoption of blockchain ecosystems designed for a particular app. These ecosystems are referred to as … Read more

Chinese local authorities have busted a mining farm in Guangzhou and Jieyang, both in Guangdong, disguised as an electric vehicle charging station. The authorities disclosed the farms flaunted as an EV charging center but behind had several mining rigs. In total, the authorities claimed to have sized about 1,100 mining pieces of equipment from the … Read more

The US Department of Treasury (DOT) has outlined plans to establish an education program to inform people of virtual crypto investments and their risks. The DOT is convinced that more awareness of the dangers of digital asset investing would mitigate financial losses, especially as the market is on the mainstream level. A subsection of the … Read more

Cryptocurrency payment service provider, Circle, has shared their reasons for postponing their long-awaited Application Programming Interface (API). Last Friday, the stablecoin issuer announced it had suspended the launch of API to the disappointment of many.  In the aftermath of the postponement, Circle revealed that it needed more regulatory insight and blockchain ID protocols before proceeding … Read more

Mining firm HIVE has revealed plans to expand its operations to Texas with the proposed acquisition of mining hardware. The publicly-traded firm will acquire the devices from a third-party, which will be powered by Intel’s ASIC.  In Proof-of-Work activities, ASIC or Application-Specific Integrated Circuit solve difficult mathematical problems to generate additional blocks on the network. … Read more

Various founders and stakeholders of the DeFi community have sent some cash in cryptocurrencies to Ukraine following its crypto donations request on the official Twitter account to intensify its fight against Russia. The request was well received as donations started pouring in from all quarters. As of the time of this publication, over $24 million … Read more

The debate over crypto mining and energy consumption has stalled European Union’s votes on the much-anticipated crypto market bill to the excitement of the crypto world. It was announced that the bill, a directive from MiCA, would be voted upon next week, precisely on February 28, in the European Parliament. It will be sent into … Read more