Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. Source link
-
-
Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF experienced its second consecutive day of zero flows, while Fidelity’s FBTC saw its first daily net outflow, totaling $23…
-
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan. Source link
-
Bitcoin miner Marathon Digital has reviewed its hash rate target for this fiscal year to 50 EH/s, according to an April 25 statement. Initially, the miner aimed to boost its mining capacity by about 46% by year-end to as high as 37 EH/s from 24.7 EH/s. However, buoyed by its…
-
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material. Source link
-
Crypto swapping allows users to quickly and easily switch between currencies on both centralized and decentralized exchanges. Source link
-
Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions. Source link
-
The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms. Source link
-
Crypto analysts believe the large transfers could have a “big impact” depending on where the capital is getting deployed. Source link
-
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina. Source link