If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk. Read More at https://cointelegraph.com/news/russia-crypto-mining-ban-13-regions-electricity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: November 2024
Cardano price risks erasing 40% of 'Trump Trade' gains by December
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December. Read More at https://cointelegraph.com/news/cardano-price-risks-40-trump-trade-gains-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cyvers launches institutional crypto security tool for $4B vulnerability
Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption. Read More at https://cointelegraph.com/news/cyvers-station70-secure-signers-industrial-crypto-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected. Read More at https://cointelegraph.com/news/south-korea-crypto-tax-2025-resolution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer?
Solana activity hits record highs on multiple metrics, but data reveals its performance could be inorganic. Read More at https://cointelegraph.com/news/solana-record-318b-transfer-volume-bot-driven-wsol-price-suffer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Savvy memecoin trader makes $988K in 3 hours despite rug pull
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility. Read More at https://cointelegraph.com/news/savvy-memecoin-trader-earns-988k-despite-rug-pull?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols. Read More at https://cointelegraph.com/news/wrapped-bitcoin-in-defi-evaluating-wbtc-cbbtc-and-tbtc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong. Read More at https://cointelegraph.com/news/hong-kong-cyberport-web3-enterprises-growth-legislative-council?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS study questions decentralization in DeFi liquidity provision
BIS researchers concluded that liquidity provision is not decentralized apart from its technical implementation. Read More at https://cointelegraph.com/news/bis-uniswap-defi-liquidity-centralization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Five warning signs Bitcoin’s price could be about to crash: CryptoQuant
There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red. Read More at https://cointelegraph.com/news/warning-signs-bitcoin-nearing-price-peak-crypto-quant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound