$BITO ETF Nears Futures Contract Limit Days After Launch
The ProShares Bitcoin Strategy ETF that started trading earlier this week has been having a field day. However, it now seems like the popularity that the ETF has gained in just a few days is overwhelming as the fund nears
Algorithm Bug Causes Bitcoin Flash Crash on BinanceUS
While Binance is the largest cryptocurrency exchange and is used by a large percentage of crypto traders globally, it is not short of mishaps that usually lead to traders critiquing the platform. The most recent issue on the exchange happened on
White Hat Hacker Receives $1.05 Million For Identifying Bug
Hacking attacks or attempts in the DeFi space have been on the rise this year. However, white hat hackers have stepped in attempting to help eliminate potentially nasty situations. Recently, the largest bounty to have ever been paid to a white
Nigerian Court Gives Green Light To eNaira CBDC
The Federal High Court of Nigeria has given the go ahead for the rollout of a Central Bank Digital Currency (CBDC). The regulator now joins the list of other global regulatory bodies that are approving the use of CBDCs as
Bank of England Says Crypto Rules A ‘Matter of Urgency’
Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England, has issued several recommendations on creating a stable crypto climate. The executive stated that a crash in cryptocurrency prices was “plausible” and that rules regarding crypto assets
U.S. Leads Global Bitcoin Hashrate
After China’s crackdown on cryptocurrencies, North America became an ideal location for migrating miners because of the region’s abundance of renewable energy sources. The U.S. has now become the leading country in regards to the Bitcoin mining hashrate. The Cambridge Bitcoin
Binance To Halt Services In Singapore
Binance, the largest cryptocurrency exchange in terms of trading volumes, has faced a compliance crackdown from different regulators. Following compliance issues in Singapore, the exchange has announced that it will no longer extend its services in the country. In the recent announcement,
F2Pool No Longer Allowing Chinese Miners
https://twitter.com/btcinchina/status/1442515665806508039 The fallout from the latest round of Chinese FUD continues as F2Pool, one of the largest Bitcoin mining pools, has announced that it will no longer accept the participation of Chinese miners. According to the announcement, the existing Chinese miners on
China Based Ethereum Mining Pool Set To Shut Down
SparkPool, the second-largest Ethereum mining pool globally, has announced the suspension of its operations. The announcement comes after a fresh wave of Chinese crackdowns on the crypto market. SparkPool was created in 2018 and it contributes to 22% of Ethereum's mining
El Salvador Issues Discount On Fuel For Chivo Wallet Users
https://twitter.com/nayibbukele/status/1443410462129983490 El Salvador has been adamant in its plans to implement the Bitcoin law. The government has now announced that it will be offering discounts to those who use the Chivo wallet to purchase fuel. The discount in question has been set