Cryptocurrency Analysis and News Portal
On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging system.The list of sanctioned banks includes Russia’s second-largest bank, VTB Bank, alongside Bank Otkritie, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank and VEB. Without access to
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Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government of Ukraine Seeks Info on Crypto Assets
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If it were cut off, Russia could also transfer some international financial activity to crypto networks. According to Banco Santander, Russia’s import/export flows total around $570 billion annually, a volume that could be accommodated with relative ease on the Bitcoin network. According to CoinDesk data, Bitcoin processes $20 billion in
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Kazakhstan crypto miners will have their energy supply cut off from Jan. 24 until the end of the month, three people in the local industry told CoinDesk.A memo from national grid operator KEGOC, dated Jan. 21 and seen by CoinDesk, said that "the planned supply of electricity to persons engaged
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The most popular antivirus, Norton 360, made a miner out of everyone. Even though this has been going on for a while, the Internet recently found it out. And traditional Norton customers are livid about it. One of the most controversial parts of the story is the 15% cut that
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Bitcoin and ether were again trading lower in Asian hours, continuing the year-long trend of losing ground mainly when America is asleep. The decline comes as traditional markets turn a blind eye to China’s interest rate cut and remain risk-averse.At press time, bitcoin, the top cryptocurrency by market value, was
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Is Bitcoin in trouble, potentially on the brink of collapsing to unexpected new lows? That’s the question on all crypto inventor’s minds, as the leading cryptocurrency by market cap tends to lead the bullish charge. However, a somewhat forgotten style of technical analysis could provide the most cut and dry look
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Marathon’s fleet consists of 31,000 active miners producing approximately 3.2 exahashes per second (EH/s). The company received another 15,520 top-tier ASIC miners from Bitmain last month. So far this year it’s taken delivery of 56,826 miners, with another 8,477 on the way. Source
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Forbes has named 15 youthful crypto business leaders on the 2022 edition of its 30 under 30 list.Despite its misleading name, the annual Forbes 30 under 30 list is actually comprised of 600 people aged 30 and under from a total of 20 categories such as finance, gaming and music.
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The Office of the Comptroller of the Currency (OCC) released its 2022 Bank Supervision Operating Plan on Friday and for the first time, crypto made the cut.In its report, the federal banking regulator listed its 11 supervisory priorities for the fiscal year that ends next September, including cybersecurity, climate change
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