External news feeds 1730/1842

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4%…

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms…

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the…

Bitcoin Volatility Hits Historic Lows Amid Market Apathy

The brunt of the price-based capitulation has already been felt, while the real pain ahead is a waiting game for the market to finally turn around.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium…

Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors

The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the less risk you will have,” the Thai…

SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns

The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate investment…

Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed…