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Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners

July 9, 2022 0

Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining. Tavanir

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Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

July 9, 2022 0

ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After almost ten consecutive sessions of higher highs, ATOM was […]

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

July 9, 2022 0

Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. Bitcoin BTC was trading marginally in the green on Saturday, as prices of the token rose above $22,000 […]

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Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

July 9, 2022 0

The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. Russia’s Minfin Open to Legalizing […]

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Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

July 9, 2022 0

The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed on the crypto exchange platform Bitmart. The Water Network A South Africa-based water

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US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

July 9, 2022 0

U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto Companies to Cut Ties, Further Isolate Russia The United States has urged […]

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US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance

July 9, 2022 0

The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC insured.” Voyager Probed by FDIC The Federal Deposit Insurance Corporation (FDIC) is

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New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

July 9, 2022 0

A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. Solana Is a Security, Lawsuit Claims A lawsuit, filed on July 1 […]

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Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit

July 9, 2022 0

Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent […]

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Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet

July 8, 2022 0

Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is […]