Cryptocurrency Analysis and News Portal
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the extraction of digital coins that also limits the use of electricity and imports of mining equipment in the breakaway Georgian
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Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them with “maximum protection” against the risks. Members of Russian Parliament to Seek Protection for Citizens
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees 7% Increase in Electricity
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Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto
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One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement,
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Retail traders in two U.S. states sued Robinhood Markets Thursday over its decision to prevent buy orders on GameStop (GME) and other so-called “meme stocks” swept up in the Reddit-fueled trading frenzy.The separate suits slam Robinhood over a decision that had immediate repercussions for impacted shares. GameStop, which had been
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Huawei Technologies today announced its earnings for the past nine months with figures beating off expectations.Per the announcement, the company stated that the revenue generated by the company for the first three quarters in 2020 comes off at 671.3 billion Chinese Yuan (approximately US$100.6 Billion), a growth of 9.9% year
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Blockchain voting startup Voatz argued that bug bounty programs concerning cybersecurity should be operated under strict supervision in a “friend of the court” brief before the Supreme Court of the United States (SCOTUS). Voatz weighed in Thursday on Van Buren v. United States, a Supreme Court case examining whether it is
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As more and more countries seek to ease strict lockdown restrictions, challenges lie ahead managing social distancing in public places to mitigate the risks of a second wave of infections.GUTS, a Dutch blockchain ticketing company, revealed on April 22 that it has devised a digital access system to regulate crowds
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