ADALend: Announcing Imminent Cross-Platform Development

ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations will simplify and allow access to decentralized financial services by a larger segment of users around the globe. ADALend’s GM, Javed Khattak, has earlier announced…

SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns

On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.” SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation…

Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner

At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and…

India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors

India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors reported by the media. RBI Has Serious Concerns About Crypto, Governor Doubts Veracity of Media Reports…