154 days ago, a mystery bitcoin mining entity spent a string of 20 block rewards from 2010 that sat idle for well over a decade. Our newsdesk has been investigating this bitcoin whale’s actions since catching the entity in 2020. Now after the June 9th appearance, on November 10, the mystery whale returned once again…
Happy Hippos NFTs: A Pioneer Collection Drop
Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using the blockchain technology in building a…
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues…
Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns its employees against aiding cryptocurrency traders. The bank reveals…
Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the…
Brave Browser to Integrate Solana Support
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet…