News - Crazy-Mining.org

Category: News

News – a section of current interesting news from the world of cryptocurrencies, mining.Crazy-Mining.org – A resource about cryptocurrencies, mining, as well as blockchain and decentralized technologies.

Binance crypto exchange will stop support of USDC, PaxDollar, TrueUSD

Cryptocurrency exchange Binance will end support for USDC stabelcoin and forcibly convert it to its own Binance_USD (#BUSD). On September 29, Binance will forcibly convert user assets from USD Coin to Binance USD. The same will happen with two smaller stabelcoins, PaxDollar and TrueUSD, which are also forcibly converted to the exchange’s Coin. This not only promises inconvenience to users, but major problems for Circle Internet Financial, which is the issuer of USDC and was planning to go for an IPO. After such actions, Binance may take the leading place in the market of stabelcoins and make its subordinate Binance USD the largest in terms of capitalization.

Cryptocurrency News Avalanche (AVAX) Bitcoin BTC Cardano (ADA) Ethereum Ethereum Classic (ETC) Litecoin LTC Namecoin (NMC)

The event that could change Bitcoin and cryptocurrencies forever

There was a time when cryptocurrency was just one cryptocurrency called Bitcoin. Around that time, the former Magic: The Gathering Online exchange, which was quickly forgotten about, was converted into a bitcoin exchange called Mt. Gox. A few months later, after a change in management, Mt.Gox was processing more than 20,000 transactions a day while bitcoin was trading at $1 – just imagine being invested in crypto at the time, geez. Despite some hacking attacks, the exchange continued to grow in value at an impressive rate. At one point, according to Miles Deutscher, 70% of bitcoin transactions were made on that exchange. Nothing but impressive. For context, at the time, the only cryptocurrencies in existence besides Bitcoin were Litecoin and Namecoin, so a huge percentage of crypto transactions were taking place on Mt.Gox. However, in June 2011, the situation changed for the worse.

Cryptocurrency Interview News Binance

Binance Australia: Regulation will set high standards in the crypto industry

Binance Australia CEO: Regulation will set higher standards in the crypto industry. Leigh Travers noted that the lack of regulatory certainty is causing large financial institutions to stay away from the cryptocurrency industry. CommonWealth Bank of Australia, for example, has suspended its digital asset trading pilot program.

Создателей Эфириума считает, что добычу криптовалют на Proof-of-Work запрещать нельзя

Cryptocurrency News Ethereum

Ethereum creator: Proof-of-Work cryptocurrency mining should not be banned

Vitalik Buterin accused the authorities of unfair prosecution of cryptocurrency mining on the Proof-of-Work algorithm. The creators of Ethereum believe that the mining of cryptocurrencies should not be banned, and the ban can become a tool for prosecuting projects objectionable to officials

Cryptocurrency News Binance

Binance laundered Hydra and Lazarus money

Binance laundered Hydra and Lazarus money. Reuters reported that from 2017 to 2021, Binance processed at least $2.35 billion worth of transactions related to illegal activities. The agency used court records, law enforcement statements, and blockchain information.

Articles Cryptocurrency Investments News Reviews TRADING Algorand ALGO

Algorand ready to explode – should we buy ALGO in 2022?

Algorand has a dedicated and secure protocol from competitors, so institutional investors will prefer ALGO in 2022.

Cryptocurrency News NFT Ethereum NFT

Can NFT crypto tokens be environmentally friendly?

Can NFTs be environmentally friendly? One cryptocurrency can consume as much energy as a studio uses in two years. Can we get the best of both worlds? Are green tokens possible? NFTs have been around since 2014, but chances are you only started hearing about them last year. The popularity of NFTs has skyrocketed, and […]

Events News Kazakhstan RUSSIA

Miners in Kazakhstan will be able to buy electricity from Russia

Miners in Kazakhstan will be able to buy electricity supplied by Russia’s Inter RAO. Trading will be organized through the exchange JSC KOREM, exclusively for cryptocurrency mining companies. Inter RAO plans to start supplying electricity under the concluded contracts in November-December, with a volume of 300-400 MW per day. The agreement reached should solve the […]

Cryptocurrency News Bitcoin BTC BTC/USD

Beginning of Bitcoin bullish trend – Next stop $85,000 – $100,000 for BTC/USD

According to a new study, bitcoin (BTC) will reach at least $85,000 in the fourth quarter of this year and may well exceed the $100,000 mark. “There is nothing that would trigger a fall in Bitcoin other than a ‘significant bad news event,’” says analyst Philbfilb, as the market expects growth. The analyst predicts “explosive” […]

vladimir-putin-vodka-balalaika-and-bitcoin

Cryptocurrency Events Mining News RUSSIA Китай

Russia and China tighten policy on mining cryptocurrencies

Mining in Russia may be equated to entrepreneurial activity Issue of cryptocurrencies in Russia may become a type of entrepreneurial activity. This proposal was made by Anatoly Aksakov, chairman of the State Duma Committee on Financial Market, as quoted by TASS. In a conversation with journalists Aksakov touched on the upcoming changes in the regulation […]

Cryptocurrency Events News Binance Bitcoin BTC Reddit

Reddit users are going to buy up Bitcoin in droves for $30

Members of the bitcoin community on Reddit are going to arrange a mass purchase of the main coin for $30. This news became known on the site itself. The post with this appeal already has more than 8.5 thousand likes. The plan is that all interested traders should buy bitcoin for $30 tomorrow, September 7. […]

Cryptocurrency News Wallets IRS USA Ledger Trezor

The IRS is developing methods to hack hardware wallets: Ledger, Trezor.

The IRS, or rather its digital forensics division, is asking contractors to develop solutions for hacking cryptocurrency wallets that might be of interest to investigations. The security of hardware wallets presents a challenge for investigators. The document states that agencies may have a hardware wallet as part of a case, but cannot access it if […]

Cryptocurrency News Bitcoin BTC

FBV Calls For Measures To Track Bitcoin Transactions

The FBI, the Secret Service and representatives from leading security and technology firms are calling for aggressive measures to track Bitcoin transactions. Government and industry have teamed up to tackle a significant increase in ransomware, and a newly formed task force on these incidents has called for new measures to more actively track bitcoin and […]

Cryptocurrency News Amazon Apple Facebook FTX Tesla

Crypto exchange FTX opens trading in Apple, Tesla, Facebook and Amazon shares

The FTX cryptocurrency exchange today announced the launch of trading in tokenized shares of the world’s largest companies, including Apple, Tesla, Facebook and Amazon. The service was implemented in cooperation with the German financial firm CM-Equity AG and the Swiss Digital Assets AG (DAAG). CM-Equity provides all the necessary licenses, and DAAG specializes in tokenizing […]