How Profitable Is Bitcoin Mining In Bear Market?
Bitcoin mining is a complex computational and technological process of validating bitcoin transactions over the Bitcoin network.
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U.S. Senate Banking Chair States Banning Crypto Is A Potential Option
Sherrod stated that cryptocurrencies are “dangerous” and a “threat to national security.”
dYdX to hold vote on $462,000 compensation for traders affected by chain outage
Key Takeaways Leading decentralized derivatives exchange dYdX announced on Monday that its governance community will vote on whether to compensate affected traders up to $462,000 from the protocol’s insurance fund. As per reports, the community is reviewing a new proposal…
Indian court stops crypto exchange WazirX from using user’s XRP to cover platform losses
Key Takeaways In a major development, the Madras High Court has granted interim protection to a WazirX user by restraining the exchange from reallocating her XRP holdings to absorb losses from its $230 million hack. In an order passed on…
Republic Senator warns US Congress running out of time to pass crypto bill: Report
Key Takeaways In a major development, North Carolina Senator Thom Tillis, a Republican member of the U.S. Senate Banking Committee, has cautioned that Congress has only a limited window to advance crypto legislation before the upcoming election cycle disrupts progress.…
Trump to Nominate SEC’s Michael Selig as CFTC Chair: Report
Key Takeaways Reports have surfaced suggesting that U.S. President Donald Trump is set to nominate Michael Selig, the Securities and Exchange Commission’s (SEC) crypto task force chief counsel, as the next chair of the Commodity Futures Trading Commission (CFTC). This…
France urges EU to hand crypto supervision powers to ESMA: Report
Key Takeaways France is pressing the European Union to give its top markets regulator direct control over major crypto firms, warning that fragmented national oversight threatens the bloc’s financial integrity. Speaking in Paris, Bank of France Governor François Villeroy de…
Crypto network revenues slip 16% in September amid market calm: VanEck
Key Takeaways Revenue across major blockchain networks fell sharply in September as crypto markets turned quieter, leading asset manager VanEck reported. The total network income slid by 16% from the previous month, a decline attributed to muted volatility and fewer…
FDIC prepares debate on rules tied to reputation risk and crypto access
Key Takeaways The Federal Deposit Insurance Corporation(FDIC) will soon open discussion on proposed rules that could reshape how regulators treat banks working with crypto firms. According to a notice released Thursday, the FDIC’s board of directors has placed on its…
BAYC NFTs aren’t securities : Judge dismisses long pending Yuga Labs lawsuit
Key Takeaways In a major development, a federal court has delivered a major win for Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), dismissing a high-profile lawsuit that alleged the company sold unregistered securities in the form…