CoinSwitch, CoinDCX Downsize Amidst Prolonged Cryptocurrency Winter in India
Aug 30, 2023 00:03 am UTC| Economy Digital Currency Business
Indias CoinSwitch crypto exchange cuts 44 customer support roles due to reduced trading activity and the ongoing crypto winter. This follows a recent staff reduction by CoinDCX, highlighting challenges in Indias crypto...
SEC Initiates First Enforcement Action on NFTs; Impact Theory Faces Cease-and-Desist Order
Aug 29, 2023 21:28 pm UTC| Economy Digital Currency Law Business
The Securities and Exchange Commission (SEC) has launched its inaugural enforcement action against Impact Theory over unregistered securities related to NFT sales. The move, resulting in a cease-and-desist order, signals...
FxWirePro- Top altcoins for the day (Strength index) (TONUSD)
Aug 29, 2023 11:31 am UTC| Technicals Digital Currency
Pair Value Recommendation TONUSD 320.62 Strong Buy Trends and levels to watch Pair Short-term trend Long term trend Major resistance Major...
South Korea Sets Minimum Reserve Requirement for Crypto Exchanges: Key Details Inside
Aug 29, 2023 06:25 am UTC| Economy Digital Currency Business
South Korea tightens cryptocurrency regulations, introducing a minimum reserve fund mandate for exchanges. The Korea Federation of Banks initiative aims to buffer against hacking and system failures. The requirements...
BC Card Unveils Digital Wallet for NFT Receipts in Secondhand Luxury Market
Aug 29, 2023 04:35 am UTC| Business Investing Digital Currency
South Koreas BC Card is fast-tracking its digital wallet project to issue NFT receipts for secondhand luxury items, offering non-fungible token guarantees that ensure authenticity and transaction safety. According to...
Bitcoin Mining Turns to Coal Ash: Environmental Concerns Rise as Energy Demands Soar
Aug 28, 2023 08:31 am UTC| Economy Nature Digital Currency Business
Like Pennsylvanias publicly traded Stronghold, Bitcoin mining companies increasingly tap into coal ash for energy, sparking concerns over environmental repercussions. As Bitcoins carbon footprint grows, the debate on...
Bitcoin Transaction Fees Plunge by 15% Amid Stagnating On-Chain Activity
Aug 28, 2023 03:23 am UTC| Economy Digital Currency Business
Bitcoins transaction fees plummeted over 15% to $3.3 million, reflecting a decrease in on-chain activity to levels last seen before its 2021 peak, as per IntoTheBlock. Is the market stagnating or bracing for imminent...