Recent security incidents in several coal mines in China appear to have had a ripple effect on bitcoin's mining hash rate. Over the past two weeks, there have been three security accidents in coal mines in China's Shanxi, Guizhou and Xinjiang provinces due to gas explosion and flooding, according to...
2021 marks a new era of regulations for cryptocurrency traders as well as Canadian crypto exchanges. The main takeaway is that going forward, both the Canadian Revenue Agency (CRA) and the Canadian Securities Administrators (CSA) will treat cryptocurrencies and digital assets in much the same way as...
Coinbase became the ninth most downloaded app on the Apple App Store for the United States as of Thursday. Coinbase’s app broke into the top 10 list one day after the company went public on Nasdaq via a direct listing. The crypto exchange closed Thursday's trading session at a share price of $322.7...
Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency. A memorandum made public on Thursday indicates that Miami-Dade County commissioner Danielle Cohen Higgins has proposed the creation of the Miami-Dade Cryptocurrency Task ...
US President Joe Biden's White House issued an executive order on Wednesday morning declaring a national emergency and expanding sanctions in response to Russian cyberattacks. The order issues wide-bore priorities for the Treasury to bar transactions in the US by anyone the Office of Foreign Asset C...
Ether futures traded on CME Group, the derivatives exchange operator, hit record highs in both volumes and open interest in early April. Launched on the exchange on February 8, ether futures give institutions a method of hedging against price movements in the price of the cryptocurrency. Open intere...
The Chinese police in the city of Yancheng in Jiangsu province have arrested a group of developers behind a decentralized gambling app on the EOS network. The Jiangsu police, the same division that busted the PlusToken Ponzi scheme last year, announced on Thursday that it arrested 15 people and subs...
Ethereum's latest network upgrade, Berlin, went live on Thursday morning. But a syncing issue appears to have snarled a number of companies and services that rely on a particular Ethereum software client, including exchange service Coinbase. The client in question is OpenEthereum, formerly the softw...
Three funds under Cathie Wood's Ark Investment Management have bought a total of $246 million worth-of Coinbase shares during the crypto exchange's Wednesday listing debut. According to Bloomberg and Fortune reports, the three funds, Ark Innovation ETF, Ark Fintect Innovation ETF and Ark Next Genera...
Insurance giant AXA Switzerland now allows customers to pay premiums in bitcoin. Announcing the news on Thursday, AXA Switzerland said the bitcoin payment option is available for all its non-life products. Life insurance products do not support the option for "regulatory reasons." "This is AXA's res...

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