Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with... Read more »

Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021

A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases... Read more »

Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit

In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order.... Read more »

Denmark’s largest bank cautious on crypto, but won’t interfere

Danske Bank, the largest bank in Denmark, laid out its official position on cryptocurrencies on June 17, when it published a four-point notice describing reasons to be careful when trading in digital... Read more »

Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro... Read more »

Study Highlights the Most Common NFT Scams Amid the Current Mainstream Hype

As non-fungible tokens (NFTs) are becoming a global phenomenon increasingly due to their mainstream adoption, there are also concerns about the surge of related scams. A recent study revealed the most common... Read more »

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,”... Read more »

Crypto market ‘panic’ is subsiding, now’s the time to buy

The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”. In the monthly newsletter published... Read more »

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected... Read more »

Hedge Funds Expect 7% Crypto Allocation by 2026: Report 

Share this article A recent survey conducted by fund administrator Intertrust found that hedge funds expect to hold 7.2% of their assets in cryptocurrencies by 2026.  Hedge Funds Plan Crypto Allocation  Global... Read more »