#Cryptocurrency

In today’s crypto news, hackers have stolen $23 million from the wallet of Singapore-based exchange Bitrue, prompting the exchange to temporarily suspend all withdrawals for additional security checks. Canon USA has announced plans to launch an Ethereum-based NFT marketplace called Cadabra, dedicated to photography. Hong Kong-based HashKey Group has launched a new wealth management platform, … Read more

Bitcoin has reached a 10-month high, surpassing $30,000 in value, following the recent banking turmoil that has shaken the traditional financial system. The cryptocurrency had been steadily increasing in value since March, fueled by expectations that the US central bank, the Fed, would halt its interest rate increases to minimize stress on the banking sector. … Read more

Bitcoin (BTC) surged above $30,000 for the first time since June 2022, signaling that it will now seek support above that level and push on to test higher highs. With an 80% surge year-to-date and adoption of Bitcoin skyrocketing recently, nearing 1 million holders of at least one BTC, it outperforms the top five major … Read more

Russia has set a new record in cryptocurrency mining. The country’s mining operations have increased by 31 percent in the first quarter of 2021, reaching 1.7 billion rubles ($22.9 million) in revenue. This increase is attributed to the rising demand for digital assets, particularly Bitcoin. The surge in mining activity can be attributed to a … Read more

The state of North Carolina in the United States is considering implementing stricter regulations for cryptocurrency mining. The proposed regulations would require cryptocurrency miners to register with the North Carolina Secretary of State’s office, obtain a permit, and comply with various environmental regulations. The regulations aim to address concerns about the environmental impact of cryptocurrency … Read more

The Ethereum network is preparing to undergo a significant upgrade known as the “Shanghai” upgrade, set to take place on April 12. This upgrade will allow users to withdraw around $37 billion worth of Ether, Ethereum’s native token, that have been locked in the protocol for staking since 2020. Users who stake Ether become “validators” … Read more