The Bitcoin price drop is a major issue hitting today’s headlines as the concern over China and the caution in front of this week’s Federal Reserve meeting weighed heavy on the U.S. stock index futures. The speculations on Bitcoin stated that the United States government might declare stablecoins to be …
Read More »Bitcoin Power Consumption: Important Points To Consider On The Mining
According to a new study, Bitcoin power consumption has already used more energy so far in 2021 than it consumed in all of the previous year. By the end of 2021, it is estimated that the bitcoin network will consume 91 TW/h. The Bitcoin energy consumption 2020 has already used …
Read More »Quarashi Network Launch: Your Privacy Gets A New Shape
Recently the Quarashi Network launch took place. This launch revolved around it’s all-in-one mobile platform that aimed at offering the users complete anonymity and privacy. It focuses on being the most private, most anonymous and secure application for chatting in the world. It aims to offer its users an anonymous …
Read More »8 Fake Crypto Mining Apps Removed: How To Protect Yourself?
Digital currency is a trending topic and now google play has removed 8 fake crypto mining apps after discovery. They tricked the users to watch advertisements, according to the security firm Trend Micro. These applications are impersonated as crypto cloud mining apps where the users can earn digital currencies by …
Read More »The UK Cryptocurrency Scam: Important News On Crypto Seize
After the unearthing of the UK cryptocurrency scam, the UK has seized digital currencies worth $22 million. They have also retrieved USB sticks that contained huge quantities of Ethereum which is the second largest digital currency in the world after Bitcoin. The UK Cryptocurrency Scam Initiation According to the Greater …
Read More »Important News On The Launch Of Indian Crypto Bill 2021
The government is predicted to take up the latest Indian crypto bill in our country soon, asserted Nirmala Sitaram, the Finance Minister of India. A report was submitted by the inter-ministerial panel which was led by former finance secretary Subhash Chandra Garg seeking a ban on the private digital currencies …
Read More »Binance Traces Hackers: What Led To This New Regulation?
According to a report by a news agency, Binance traces hackers to reduce the number of crypto crimes that are prevalent in the recent time. An order has been laid out by the High Court of London to Binance which is a famous digital currency exchange to identify crypto hackers …
Read More »Poly Network Hack: Were They Really “White Hat” Hackers?
Recently there was a Poly Network hack, where the hackers were successful in cracking the Poly Network and making off with digital currency that is worth $613 million. To date, this is the biggest heist in digital currency. Let us have a look at the Poly Network hack explained. …
Read More »Reasons Why Cash-Backed Tether Faces Criticism In The Crypto Market
The USDT token of Tether is backed up by US Dollars. This cash-backed Tether implies that the stablecoin entity must consist of a reserve of funds in its holding that is equal to the USDT tokens that are presently in circulation. Let us have a look at some of the …
Read More »First Indian Crypto Unicorn: Know How Popular CoinDCX Became One
The digital currency exchange of India, CoinDCX is the first Indian crypto unicorn. It has become the first digital currency exchange that has been valued at over $1 billion. This startup has successfully raised $90 million during the series C round of CoinDCX funding which was conducted by the co-founder …
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