Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be the largest slide in Bitcoin’s…
PRESS RELEASE. Tel Aviv – July 27, 2021 – Kirobo, a blockchain technology company, has launched its ‘P2P Swap Button’, a decentralized tool allowing cryptocurrency users to execute token swaps without having to use an exchange or custodial third party. By taking the swap off-exchange, the tool allows users to decide their own prices for…
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted…
The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were directed to find shell companies that used cryptocurrency exchanges for alleged money laundering purposes. Brazilian Police Seize $33 Million…
According to CoinShares, Europe’s largest digital asset fund manager, digital asset investment products suffered outflows for the third week in a row, this time totaling US$28 million. Bitcoin experienced the most withdrawals, but multi-digital asset investment products received inflows of US$3.1 million, putting them in the black. Fast facts: According to CoinShares, bitcoin investment products…
Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its Bitcoin(BTC) holdings. Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net…
