Zach Burks said that his goal was to collect ETH and never sell until he can afford a mega yacht. While other traders may be quick to take profits once they see gains, some are willing to hold on to their digital assets until they can pursue bigger goals, like a “mega yacht.”  In a...Continue Reading

Cryptocurrency YouTuber Bitboy Crypto has filed a defamation lawsuit against another prominent content creator on the platform. Two prominent YouTube content creators are set to lock horns in a legal battle over a cryptocurrency video allegedly promoting a project that ended up being a scam. Bitboy Crypto, a YouTube channel founded by Ben Armstrong, produces...Continue Reading

Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand. The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the end of June 2021. Despite looming...Continue Reading

Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. Kenanga Investment Bank Berhad, one of...Continue Reading

As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant. The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW of capacity to its power plant-based...Continue Reading

History repeating itself would be good news for those looking to enjoy further BTC price upside. Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls. As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving...Continue Reading

Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance. Australia’s financial regulator, Australia’s Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years.  According to ASIC’s newly released “Corporate Plan” released on...Continue Reading

Trader Joe says its “Liquidity Book” will mitigate the impermanent loss “suffered by so many liquidity providers on other DEXs” during times of market turbulence. Avalanche-based decentralized finance (DeFi) protocol Trader Joe claims it may have found a way to mitigate one of DeFi’s biggest weaknesses — impermanent loss.  In a newly released whitepaper on...Continue Reading

“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet. Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry....Continue Reading

It’s too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money. Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing...Continue Reading