Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products…

Q2’s Banking Platform to Enable Over 18 Million Users to Buy, Sell, Hold Bitcoin

Q2’s digital banking platform, which currently powers nearly 30% of the top 100 banks in the U.S., will allow more than 18.3 million registered users to buy, sell, and hold bitcoin. Q2 Holdings Inc. (NYSE:QTWO) provides digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies globally. According to the company,…

ExzoCoin Will Make Cryptocurrencies Accessible to Anyone, Anywhere, and at Anytime

ExzoCoin is a blockchain project promising to make cryptocurrencies easily accessible to everyone. Among the services being developed by the ExzoCoin team are a decentralized exchange, a launchpad and a solution for the healthcare sector. ExzoCoin Will Bring Back Trust to Crypto ExzoCoin is developing a number of innovative tools to achieve its mission of…

FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’

U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement and market oversight. 111 Unregistered Firms Operating in the UK Britain’s financial watchdog, the…

SENT Token Is Now Listed on Bitcoin.com Exchange

PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of SENT, being available to trade on the 23rd June 2021 at 10:00AM UTC. SENT is the native governance token of the Trade The Chain global community of crypto traders and enthusiasts, and was built to help traders make better decisions. The founding team is…

Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles

The Financial Supervisory Authority of Norway (Finanstilsynet) has cautioned investors about investing in cryptocurrencies as the price of bitcoin plunged Tuesday. “There is a strong need for a legal framework and investor protection if cryptocurrency is to be able to become a suitable form of investment for consumers,” the regulator’s consumer coordinator wrote. Norway’s Financial…