PayPal promotes green Bitcoin mining by promoting the use of renewable energy sources through additional rewards for miners. The initiative aims to reduce the environmental impact of Bitcoin mining, which currently produces 85 million metric tons of CO2 per year. In addition to mining, PayPal modified protections for NFT transactions and partnered with Triple A […]
Continue Reading
The statement came in response to a recent Reuters news story about Venezuela’s use of USDT. Tether, the crypto company that issues the USDT stablecoin, will block the addresses of any actor sanctioned by the United States. A spokesperson for the company told a media outlet that they will crack down on illicit activities linked […]
Continue Reading
The SEC is seeking public comments on BlackRock’s Ethereum spot ETF. The new proposal moves from an ether-based exchange model to a cash-based one. Skepticism persists about the chances of approval of cryptocurrency ETFs. The US Securities and Exchange Commission (SEC) has opened the public comment period on recent modifications to BlackRock’s proposed Ethereum spot […]
Continue Reading
XRP price is recovering above the $0.500 resistance. The price is indicating a positive bias and could rise above the $0.580 and $0.600 levels. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4-hours). There was a break above a key […]
Continue Reading
The Binance executive had allegedly escaped on March 22 while in custody in Nigeria. Nadeem Anjarwalla, a British and Kenyan citizen who works for the Binance cryptocurrency exchange, was arrested in Kenya after escaping custody in Nigeria in March, several local media reported on April 22. Kenyan police detained Anjarwalla and are considering his possible […]
Continue Reading