Russia Considers New Energy Tariffs as Chinese Crypto Miners Relocate
Lucas WilliamsRussia’s lrkutsk region has witnessed a massive surge in the consumption of electricity since China’s crackdown against crypto mining activities.…
EIP 1559: Over 500,000 Ether Burned, How Has ETH Benefited from Burning Activity?
Alicia MaherData from Ethereum-based website, Etherchain, is pointing to a new development that over 500,000 ETH has been burned since Ethereum…
Vitalik Buterin Labels El Salvador’s Bitcoin Trial as Impulsive
El Salvador's decision to embrace Bitcoin has been slammed by Ethereum co-creator Vitalik Buterin, who described the country's strategy as…
Miami’s Native Token Generates 10 Million in Revenue in Two Months
In just two months of its launch, Miami City’s native coin, MiamiCoin, has raked in a revenue of $10 million.…
Crypto Mining: Miners’ ETH Holdings Hit 2016 Highs
As a result of their reluctance to sell, the quantity of Ethereum owned by miners has touched all-time highs in…
Marathon Digital Gets a $100M Funding from Silvergate Bank
Marathon Digital has secured a revolving credit line worth $100M with Silvergate Bank for their various mining projects. The United…
Bitcoin Miners Generated More Revenue in 2021 Than in the Past, Glassnode’s Data Shows
On-chain data provider, Glassnode, has shown in its latest report dedicated to Bitcoin miners that the latter has made more…
El Salvador Offers Fuel Discounts to Consumers Who Pay in BTC
Following the shocking and historical BTC adoption in early September, El Salvador has been making efforts to bolster adoption by…
Crypto Economy: Europe Overtakes East Asia as The Biggest Region
The Asian region has lost its hold as a crypto powerhouse, with the Eastern part having slid down the ranking.…
Elon Musk Discusses Cryptocurrency Ban In China
The status of cryptocurrency in China has always been uncertain, but it was never fully shut down until recent regulations…
Industry Experts See Opportunity For The US in China’s Crypto Ban
China's distaste for cryptocurrencies is acknowledged globally. The Asian giant issued a ban on cryptocurrencies again last week, drawing a…
Huobi Miners Move $4.21 Billion in Bitcoin Following Crypto Ban
Only a few days after the umpteenth crypto ban from China, leading crypto exchange, Huobi, is in the news again.…
Kyrgyzstan Uncovers Over 500 Illegal Mining Facilities
Kyrgyzstan has reportedly closed down over 500 unlawfully operating cryptocurrency mining facilities after it discovered that the firms powered the…
New Report Reveals Crypto Market in Africa Grows By 1200%
Since the past year, Africa has been measuring up in crypto adoption. The latest report released by on-chain analytics firm,…