Bitcoin

Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of

On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform.

On blockchains like the Ethereum Mainnet, fees represented in the blockchain’s cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs. However, alternative Ether distribution mechanisms are utilized on test networks like Rinkeby and

Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less than two months

With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products. The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming

Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat. Parabolas violated Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it breached $23,800, its highest level since June 13. Against expectations, crypto staged a recovery beyond an intra-hour “fake-out” as risk assets

The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers.

Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of

Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market.  The Crypto Fear and Greed Index increased from “extreme fear” to merely “fearful” on July 19, reaching a score of 30 out

Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC). In its Q2 review of the Bitcoin network released on July 19, the BMC found that the global Bitcoin mining industry’s use of sustainable energy is up

Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist

A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030. Expert

press release In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable

Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time. Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met

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Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed the move July 19 in an interview on CNBC, after Bloomberg reported it a day earlier citing anonymous sources.  “Our board made the decision to temporarily suspend until we can raise capital

The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers. In a Tuesday announcement, the Justice Department said in conjunction with the FBI it had investigated a $100,000

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News

Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month.  Data from Cointelegraph Markets Pro and TradingView shows that much of the