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Several Crypto Mining Operations Busted in Russia

[Mar 19, 2023 2:30 AM] Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce…

Russian Parliament Votes on Bill Opening Door for Digital Ruble

[Mar 18, 2023 1:30 AM] Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the…

Moscow City Crypto Exchanges Ready to Send Cash to London, Report

[Mar 17, 2023 1:30 AM] An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the…

GMX Token Keeps Rising As Crypto Market Sees Correction

[Mar 16, 2023 6:30 AM] Just a few days ago, the cryptocurrency market soared at the peak of a banking crisis in the United States. However, it appears the rally has halted as the global cryptocurrency market declined and has reflected in most coin prices. But despite the…

How The USDC Depeg Will Impact DeFi, Expert Explains

[Mar 15, 2023 5:00 PM] Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion…

Why Bitcoin Could Explode To $40,000 Per Coin In A Flash

[Mar 15, 2023 2:25 PM] Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash.  Here is a closer look at the technical combination that has in the past…