Russian central bank executive lists one condition for crypto mining
Kirill Pronin said that crypto mining could be legalized if crypto would only be sold to foreign buyers in exchange for fiat currency. The prospect of legalizing crypto mining under specific circumstances was accepted by Kirill Pronin, head of the Department of Financial Technologies of the Russian Central Bank (CBR). An open admission like this […]
Binance to promote Web3 usage through Tiktok star Khaby Lame
Binance has teamed up Khaby Lame to dispel illusions about the Web3 industry using his distinctive content style. In order to raise exposure for Web3, the cryptocurrency exchange platform Binance has teamed up with Khaby Lame, the most popular TikTok maker. The influencer would represent the exchange as a global brand ambassador while dispelling myths […]
BCH loses 98 percent of its value compared to Bitcoin
Bitcoin Cash (BCH) reaches new lows in BTC values amid controversies surrounding Roger Ver, a key proponent. This week, Bitcoin (BTC) reached new highs relative to its longtime rival, Bitcoin Cash (BCH) , rather than in terms of U.S. dollars. According to information from Markets Pro and TradingView, BCH/BTC officially set its lowest price ever […]
Anchorage introduces institutional investors to Ethereum staking
Anchorage Digital will offer institutions the chance to stake Ethereum. This launch coincides with the long-awaited change to proof-of-stake. The first federally regulated cryptocurrency bank is owned by San Francisco-based digital platform Anchorage Digital , which will offer institutions the chance to stake Ethereum (ETH). This action anticipates the Ethereum network’s long-promised switch to the […]
Two weeks after major storm, 75% of Marathon’s mining fleet still inactive
Since a violent storm struck Montana on June 11, 75 per cent of Marathon’s mining capacity has been inoperable. Although it would take some time to restore the facility to full functionality, Marathon’s mining CEO Fred Thiel suggested that the company may decide to accelerate its relocation from Hardin. Marathon Digital Holdings, a bitcoin (BTC) […]