Arkansas Residents Outcry Over Rising Crypto Mining Nuisance, Senator Seeks Governor’s Response

Arkansas Residents Outcry Over Rising Crypto Mining Nuisance, Senator Seeks Governor’s Response

Source: Pixabay A senator from the US state of Arkansas is seeking answers from the governor’s office as there is an increase in the outcry over unwanted cryptocurrency mines in small towns across the state. Residents of Mountain Pine have complained over “freaking loud” noise from a new crypto-mining facility in Garland County, according to […]

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California’s Crypto Regulation: Will It Push Firms Out?

California’s Crypto Regulation: Will It Push Firms Out?

Source: AdobeStock / Maksym Yemelyanov California has signed the Digital Financial Assets Law, raising concerns within the industry regarding the potential consequences of this legislation. On Friday, Governor Gavin Newsom signed the bill into law, aiming to regulate California’s cryptocurrency industry, which is home to nearly a quarter of the blockchain companies in North America. The move is similar to New

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Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions

Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions

Source: Pixabay Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA). As a part of its expansion plans, the firm has hired Devika Mittal of OKX and Kamakshi Arjun of Polygon to

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Chainalysis Highlights Flawed Analysis in Assessing Crypto’s Role in Terror Financing

Chainalysis Highlights Flawed Analysis in Assessing Crypto’s Role in Terror Financing

Source: Adobe / Catalin Pop Blockchain analytics firm Chainalysis has raised concerns over the accuracy of recent reports regarding the extent of cryptocurrency’s role in terrorist financing. Following the recent Hamas attack in Israel, there has been increased scrutiny of how terrorist groups might be utilizing cryptocurrency for their funding.  Chainalysis acknowledges that while terrorism

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Reddit Winds Down Blockchain-Based Community Points, Cratering Related Tokens

Reddit Winds Down Blockchain-Based Community Points, Cratering Related Tokens

Back in 2020, Reddit launched Community Points, an initiative that rewarded high-quality posters by giving them Ethereum-based tokens that could be spent on badges and emojis on the platform. At the time, the experiment seemed fun and allowed users of the platform to show off their flair in a way that proved that they had

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Blackfort Exchange Network Announces Join and Invite Airdrop Campaign

Blackfort Exchange Network Announces Join and Invite Airdrop Campaign

[PRESS RELEASE – Dubai, United Arab Emirates, October 17th, 2023] BlackFort Network has announced an airdrop campaign for its users to have BXN Tokens straightforwardly with an active participation to network. Every user downloading and registering the BlackFort Wallet gets 100 BXN as a join airdrop. If they invite their contacts and their contacts download

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Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News

Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News

TL;DR False reports claimed the SEC approved BlackRock’s BTC ETF, but the SEC cautioned against unverified sources. US attorney John E. Deaton criticized the SEC, referencing court opinions that have deemed the agency’s actions inconsistent. The SEC has had multiple legal confrontations with crypto entities, including losses to Ripple and Grayscale and lawsuits against Binance

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FTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial

FTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial

The bankrupt cryptocurrency exchange has staked close to $170 million in several crypto assets, including Solana, Ethereum, and MATIC. Blockchain data revealed that the defunct platform has staked over 5.5 million SOL and more than 24K ETH. FTX Move to Staking Staking is primarily the practice of locking up cryptocurrencies on a blockchain network to

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South Korean Regulator to Establish Standards for Issuance and Distribution of Crypto

South Korean Regulator to Establish Standards for Issuance and Distribution of Crypto

Source: AdobeStock / Alexander South Korea’s Financial Supervisory Service (FSS) is looking to establish comprehensive guidelines for the issuance and distribution of cryptocurrencies to enhance the Virtual Asset Users Protection Act passed earlier this year. Under this new legislation, authorities are mandated to formulate standards concerning virtual asset listing procedures, internal controls, and issuance and

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