Internet blackouts brought in by the Kazakh authorities to help address Kazakhstan’s spreading unrest dealt a severe blow to Bitcoin cryptocurrency mining activity. The overall BTC hashrate fell 13.4% from roughly 205,000 petahash per second to 177,330 petahash per second. In addition, the Bitcoin price dropped 9% following the Kazakhstan blackouts, dropping to a swing…
CNET’s experts reveal where cryptocurrency is headed in 2022. This story is part of The Year Ahead, CNET’s look at how the world will continue to evolve starting in 2022 and beyond. Cryptocurrency made many of the strangest headlines of 2021. Boosters touted digital currencies as a world-changing technology with the potential to create new…
CoinMENA, the digital assets exchange focused on the MENA region, announced the live integration of Chainlink Price Feeds – decentralized data feeds of asset prices on various cryptocurrencies, FX rates, and traditional assets. CoinMENA is referencing Chainlink Price Feeds during all fiat-to-crypto transactions on the exchange. According to a press release, CoinMENA’s integration of Chainlink…
Recently, some social media posts started to claim that Amazon has begun a “presale” of its own crypto tokens. However, the online retail giant officially called them fake, while an internet security firm Avast said that such messages are part of scams targeted to steal money and harvest personal data. For instance, a Facebook post…
Bahrain’s Rain Management, the first licensed crypto-asset service provider in the Middle East, announced the appointment of Talal Al Zain as the newest board member. Bringing over 35 years of experience in banking and financial services internationally, his wealth of knowledge in international finance has asserted him as a business leader throughout the region. Commenting…
The quantity of Bitcoin held by private corporations increased significantly during 2021, compared to the previous year. The amount of BTC held by public companies has gained significant market share since February 2021. On Monday, on-chain analyst Willy Woo tweeted that public companies holding “significant BTC have gained market share from spot ETFs as a…