A known power company of Iran Tavanir shut down nearly 1100 farms engaged crypto mining recently as they were operating without a valid license. They took the help of whistleblowers to identify such miners and the individuals who provided such critical information received 100 million rials for their cooperation, according to media sources. Hence for…
Category: BTC
Recently market research was conducted that proved Bitcoin mining only accounted for one-third of the total power consumption. The analysis of the 20 largest crypto assets was done to come to a conclusion. The regulators have been evaluating the impact of crypto mining on the environment recently. The researchers working at Munich’s Technical University have…
The Swiss SIX Exchange is listing a new cryptocurrency ETP called Bitcoin Capital Active ETP. This will trade BTC against as many as 14 top altcoins, including ETH. It will also exit into fiat without the need for investors involved in the transaction. This is the first actively managed crypto ETP to enter the market,…
With time the change of currency is visible, and people also have started using the same. To make the same more popular, the corporate world is also helping virtual currency in different ways. Twitch also is supporting the same now. Twitch is all set to entice cryptocurrency users into the gaming zone by offering them…
Crypto Facilities, which is a subsidiary firm of the popular Kraken Cryptocurrency exchange, recently announced that it had received the much-awaited MTF or Multilateral Trading Facility License. The MTF License is awarded by the United Kingdom’s Financial Conduct Authority or FCA. The MTFs function more or less like a stock exchange but are independent and…
Bitcoin might get eventually benefitted from the U.S. Federal Reserve’s activities. The famous American cryptocurrency and Bitcoin investor and entrepreneur Tyler Howard Winklevoss made this statement which stirred the cryptocurrency space worldwide. The Powerful Insight by Tyler Winklevoss The U.S. government spending on Bitcoin may gradually lead to mounting Bitcoin prices. This prediction was made…
With the establishment of cryptocurrency markets, companies have started looking for legal talents. According to a recent Bloomberg Law article, since the various cryptocurrencies are moving out of the regulatory gray markets, legal hiring may soon get hot in demand. The Bloomberg publication interviewed various experts following the news of Coinbase. It said that Paul Grewal,…
Since its inception as a virtual currency, Bitcoin has taken the market to a storm which is still not over. Over the period the users of bitcoin as a virtual currency are increased in which big names are also added now. Many high profile investors are now betting on Bitcoin as the new option to…
Not all conventional businesses are ready to embrace blockchain technology and make payments through blockchain. There is news that is spreading like wildfire because PayPal, which is a famous name in the payment market, has around 325 million active users. The company is selling crypto assets and is also offering custodial services. It is the…
One of the many problems that war-torn Afghanistan has been facing in recent times that have taken a toll on its healthcare system is the problem of counterfeit drugs. The country is looking at modern technology to solve the problem. The healthcare ministry of Afghanistan, along with the few pharmaceutical companies, has decided to use…