Venezuela bans crypto mining to deal with energy crisis

Venezuela bans crypto mining to deal with energy crisis

The buzz is that the Venezuelan government is cracking down on power-hungry crypto-mining companies. According to AlbertoNews, the Ministry of Electric Power is ready to pull the plug on these energy-draining operations, which have been sapping the national power grid, SEN. The government’s ultimate goal is to balance energy usage and ensure a stable electricity … Read more

Losses from crypto hacks fell 67% to $60 million in April

Losses from crypto hacks fell 67 to 60 million in April

Buckle up crypto enthusiasts, because PeckShieldAlert has just announced a major drop in attacks on digital currencies. With a whopping 67% decrease from a staggering $187.6 million, April has proven to be a game-changing month for the crypto world. These malicious hackers have carried out approximately 40 attacks, but their reign of terror seems to … Read more

The main reasons for the decline in the crypto market today

crypto market down

As the world holds its breath amidst growing tensions between Iran and Israel, the cryptocurrency market is experiencing a thrilling surge in activity. BitBoy Crypto’s latest analysis delves into the intricate ways global events are shaping the ever-evolving crypto landscape, shedding light on potential impacts and emerging trends. From geopolitical uncertainties to regulatory changes, this … Read more

Crypto quake affected 298,239 traders, caused losses of almost $1 billion

Crypto quake affected 298,239 traders, caused losses of almost 1 billion

Prepare to hold onto your hats, folks, because the crypto market is experiencing a wild ride! In just 24 hours, a jaw-dropping $1 billion has been liquidated, sending shockwaves through the world of digital assets like Bitcoin and Ethereum. A staggering 298,239 traders have been caught in the crossfire, with a massive total liquidation value … Read more

TON Society, Humancode will use palm scanning to verify identity

TON Society, Humancode will use palm scanning to verify identity

The TON Society has joined forces with cutting-edge AI company HumanCode to revolutionize identity verification methods Get ready to unlock a treasure trove of 1 million TON, worth a whopping $5.9 million, as announced by the TON Society in their latest post. This exciting initiative offers a major incentive for members to complete their verification … Read more

Core crypto tokens surge amid crypto market decline

Core crypto tokens surge amid crypto market decline

Coin Core (CORE) is currently up 13% from the past day, now priced at $3.11 (CORE/USD). Amidst a sea of plunging figures and despair in the cryptocurrency world, one particular market stands out as a shining star of success. With its monumental gains, it has captured the attention of investors and experts alike. Rumors are … Read more

Record outflow of $942 million, Crypto breaking 7-week inflow trend

Record outflow of 942 million, Crypto breaking 7-week inflow trend

From a record-breaking inflow of $2.92 billion to a staggering outflow of $942 million, the crypto investment market has been on a wild ride from March 16 to 22. CoinShares experts report a remarkable seven-week streak of positive growth. In just a short span of time, a whopping $12.3 billion flowed into various investment instruments. … Read more