One of the world’s biggest crypto hubs Indonesia prohibits financial institutions from engaging in cryptocurrency sales. The financial regulator in Indonesia has reiterated its earlier warning against the rapidly growing industry even as pressure mounts from powerful religious organizations against cryptocurrencies. Indonesia’s Financial Services Authority (OJK) warned that financial firms are not allowed to offer […]

A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to regulate cryptocurrency mining and cut access to cheap energy for those who mint coins in their homes. Bill to Bring ‘Tight Regulation’ to Crypto Industry, […]

Crypto mining has been an environmental  issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will it mold with the time and adapt with the land before governments continue to attack Crypto currency. Related Reading |Elevate Brands Offering Bitcoin Payouts on Coinbase Prime Crypto War With  Mining …   China has been in the for front of crypto bans and the war between the two parties only grows and gets more harsh. China slapped a ban on Bitcoin (BTC) mining, trading and crypto services,The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. A-lot speculation on other to follow such as turkey and India but one thing we know is china is a huge influencer impact on the way some countries operate to have them ban this is only going to inspire more to follow. The problem with crypto mining is the carbon footprint it leaves on this planet and how it impacting the natural resources we have left.Currently, less than one-third of global electric power is sourced from renewables. If this share went fully toward cryptocurrency mining, perhaps it could lend it a semblance of sustainability, but it would be little more than a fig leaf.   BTC: BTC is currently the largest crypto BTC-USD on TradingView.com Grabbing At The Gold… After chinas ban it didn’t take long for the US to become one of the leaders in crypto mining with Russia and many to follow, This could stem from each countries hunger to become the world leader and first on the crypto train. The United States sprung at the opportunity created by the Chinese ban to become the world’s new mining hub. In Asia, Kazakhstan and Malaysia are ramping up mining operations, as are Germany and Ireland in Europe and Iran in the Middle East, according to recent stats. The effort to keep crypto mining chugging along is making for some very strange geopolitical bedfellows. Bitcoin was revolutionary when it came out in 2008. It paved the way to a new digital economy. Proof-of-work was a revelation in terms of decentralization and security, but its lack of efficiency presented us with a ticking time bomb. This bomb is going off now.   Finding a way to switch out the source and technology used to mine will help it stay alive we are watching and prolonging a demise that has been heaping for a while due to how aware and bug climate change is and the popularity and growth of crypto. Yes the United States is going hard but how long and when will they stop using coins like Bitcoin and look into more energy friendly  projects; we cant assure anything but only look at what’s happening around us as crypto gets big so will the demand and need that will keep mining going but also at war until a new solution is brought up. Related Reading |Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?  

As of Saturday afternoon, the crypto market looks the greenest it has looked in 2022 so far.

Compatriots of jailed opposition leader Alexei Navalny have continued sending the Kremlin critic Bitcoin donations all year.

The post Navalny nets steady stream of Bitcoin donations during prison camp stint appeared first on Protos.

His embrace of the industry may be a counterintuitive and risky play to cover a weak point with voters.

The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks.

Oil Brent crude prices breached the $90 level, the highest level since 2014, joining a broad risk-on Wall Street move and shrugging off a somewhat bearish EIA crude oil inventory report.  Energy traders are anticipating higher energy prices on potential geopolitical risks and as OPEC+ will stick to their plan to deliver another modest increase […]

Binance resumes SEPA banks transfers in EUR thanks to a new partnership with PaySafe as we can see further in our latest Binance news. Binance resumes SEPA bank transfers and opened up EUR transfers after the new partnership with PaySafe. Binance as the largest crypto exchange by means of daily traded volume is now reponing […]

Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto Miners in Kazakhstan Left Without Power Bitcoin mining facilities […]

Nasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State. (Read More)

Uniswap’s founder Hayden Adams criticized investment banking giant JPMorgan Chase for closing down his accounts without any form of notice or explanation. (Read More)