Month: March 2022

Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan

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The Financial Monitoring Agency of the Republic of Kazakhstan reported earlier on Tuesday that 55 illegal mining farms “voluntarily stopped their operation” due to an enforcement campaign by the regulator, and another 51 entities’ operations “were terminated.” The enforcement operation targeted illegal mining operations that compromised the nation’s energy network. The agency called for developing a clear regulatory approach to crypto mining in its release.  According to the release, not only had all the targeted operators frozen the mining process, but they also dismantled the rigs and removed them from…

Investire In Coinbase: Conviene Comprare le azioni Coinbase o no?

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Bitcoin fails to crack $39K on Wall Street open as markets await Fed inflation decision

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Bitcoin (BTC) began to show fresh volatility as Wall Street trading began on March 15, ahead of a crucial interest rate announcement from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crunch time for the Fed on inflation Data from Cointelegraph Markets Pro and TradingView highlighted a roughly $500 fall for BTC/USD after failing to reclaim $39,000 on the day. An overnight push towards $40,000 had ended in disappointment for bulls, setting the scene for lackluster performance into the Fed decision. With inflation running wild, analysts believed…

Nansen’s indexes reveal insightful trends in the NFT space

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The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future of the ecosystem. Citing the profound impact of traditional financial indexes such as the Dow Jones Industrial Average, th S&P 500 and the Nasdaq Composite, the report contemplates the vast potential for comparable models focusing on NFTs, arguing that both education and adoption could be significantly…

Bitter reminder for crypto users to stay vigilant

An unfortunate Bitcoin (BTC) user was duped out of 0.255 BTC, almost $10,000, due to malware running on their computer.  Louis Nel, a tech blogger and crypto enthusiast, flagged the issue on Twitter, referring to his friend as ‘C.’ A friend sent 0.255BTC from his bitcoin wallet to an exchange. He copied and pasted the wallet address on his computer. After 4 hours he was worried when the funds did not arrive at the exchange… — Louis Nel (@LouisNel) March 14, 2022 Nel told Cointelegraph that C’s “Bitcoin was sent…