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Aug 17, 2024 | 
cryptonewsz.com | Harsh Chauhan |Trevor Holman |Scott Cook
The Changsha Intermediate People’s Court of Hunan Province, China, has recently released a series of typical cases involving environmental and resource trials, with one case concerning crypto “mining” garnering significant attention. The case underscores the legal and environmental implications of cryptocurrency activities and serves as a stern warning to those involved in high-energy consumption projects that violate public order and good morals.
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Aug 7, 2024 | 
cryptonewsz.com | Florence Muchai |Scott Cook |Trevor Holman
The world’s first immersive drama, Decode: Legacy, created by HashKey Capital, will premiere on September 17 at Singapore’s oldest hotel, Raffles.
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Aug 5, 2024 | 
cryptonewsz.com | Vignesh Karunanidhi |Trevor Holman |Scott Cook
Binance, the world’s largest crypto exchange, is challenging a substantial tax notice issued by Indian authorities. The Directorate General of Goods and Services Tax Intelligence (DGGI), an agency under India’s Ministry of Finance, has issued a show-cause notice to Binance for nearly $86 million in taxes. The notice is the first formal step when tax rule violations are suspected and relate to fees collected from Indian customers between July 2017 and March 2024.
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Jul 4, 2024 | 
cryptonewsz.com | Trevor Holman
The potential of the ‘Buy the Dip’ opportunity for Bitcoin is examined by cryptocurrency market experts. The Buy the Dip opportunity is a strategy that involves purchasing digital assets or cryptocurrency when their prices experience a temporary decline in the marketplace. The current trends in the cryptocurrency market indicate that it is prudent to exercise caution when purchasing new Bitcoin.
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Jul 2, 2024 | 
cryptonewsz.com | Trevor Holman
According to market reports, Ethereum witnessed its biggest outflows since August 2022. Digital assets, including Ethereum, are experiencing an outflow for the third consecutive week, totaling $30 million. It seems that Bitcoin’s investor sentiment is changing slowly and significantly. Media reports suggest that most digital assets logged slight inflows, and trading volume is still below the annual average of $14.2 billion.
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Jun 28, 2024 | 
cryptonewsz.com | Trevor Holman
The Ripple unlocking process has an influential role in the cryptocurrency market. Ripple utilizes the crypto wallets Ripple 24 and Ripple 25 to manage the unlocking of 500 million XRP. They placed the remaining XRP in future contracts scheduled for September 2027, the biggest monthly sale in Ripple’s history. The sales of Ripples are directly correlated with the price of XRP, and investors and traders should monitor these Ripple unlocks.
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Jun 26, 2024 | 
cryptonewsz.com | Trevor Holman
A mailing list breach has occurred at the Ethereum Foundation due to vulnerabilities in its email automation solution, SendPlus. This feature is essential and implemented by the organization. A hacker exploited this advantage and sent fraudulent emails from [email protected], specifically targeting the subscribers. Following the incident, the entity has disconnected all forms of communication with the mailing list. Users have been advised to refrain from accessing any URL sent via email.
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Jun 24, 2024 | 
cryptonewsz.com | Trevor Holman
Bitcoin mining revenue per hash also witnessed record lows, and the impact of the recent halving event is visible in the trend. The median price of gas has sharply dropped, and Ethereum is currently experiencing slight inflation and a slow burn rate. Recently, miners’ revenue has shown a downward trajectory, and the reduced number of new wallets entering Bitcoin could potentially contribute to the low profitability.
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Jun 21, 2024 | 
cryptonewsz.com | Trevor Holman
A judge in California has ordered Ripple to go to trial under the civil law on securities. This decision is significant within the realm of digital currencies. Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California partially granted Ripple’s request for an early ruling on the case, leading to the decision.
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Jun 20, 2024 | 
cryptonewsz.com | Trevor Holman
Over the past few days, a significant number of large holders and whales have sold approximately $1.2 billion in Bitcoin, which has had an impact on the market. This sell-off is occurring at a time when the cryptocurrency industry is facing negative sentiment among numerous investors as a result of the monetary policies implemented by the Federal Reserve. With Bitcoin’s price now trading significantly below $65,500, one can begin witnessing the consequences of these sell-offs.
