Abkhazia Extends Internet Restrictions for Cryptocurrency Miners
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the…
Auto Added by WPeMatico
Bitcoin got stronger despite government crackdowns, says Edward Snowden
The famous whistle-blower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”
Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office
The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners…
Dydx Trading Volumes Explode After Latest Chinese Crypto Ban
Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might…
Signs of fear emerge as Ethereum price drops below $3,000 again
Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip.
Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021.
Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway…
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they…
Crypto has recovered from China’s FUD nearly two dozen times in the last 12 years
Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 22 separate occasions.
Sound familiar? September 2017 China Bitcoin ‘ban’ sparked $20K all-time high in 3 months
The latest debacle over China’s anti-crypto stance has a firm historical echo to it — and old hands are more than aware.