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.
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Events – Topic of relevant interesting news and events from the world of cryptocurrencies, mining.Crazy-Mining.org – A resource about cryptocurrencies, mining, as well as blockchain and decentralized technologies.
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 […]
Read MoreRussia 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 […]
Read MoreReddit 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. […]
Read MoreBTCSHORT is an ethereum token that allows you to earn on falling Bitcoin prices
Amun, a Swiss fintech company, launched its BTCSHORT (BTCS) ERC20 token on Wednesday, May 6. The new token allows traders to profit from a drop in the price of bitcoin. This token will complement other Amun exchange-traded products (ETP), which are controlled by a 21Shares subsidiary. Hani Rashwan, Amun’s CEO, said in a comment to […]
Read MoreBinance has warned about the vulnerability of the email client devices based on iOS
This morning, the Binance cryptocurrency exchange published a notification for its users, in which it warned about the vulnerability of devices based on the iOS operating system arising from the default email client. As ZecOps reported a few days earlier, the vulnerability allows remote code execution. For infection, a message is sent to the device, […]
Read MoreBEAM developers will have a second hard fork on June 28
The developers of anonymous cryptocurrency Beam have scheduled a second hard fork on June 28 to upgrade the PoW algorithm from Beam Hash II to Beam Hash III. Beam management said that hard fork will occur at block 777 777. The new algorithm will be aimed at supporting anonymous assets, one-way payments, as well as […]
Read MoreCrypto News: Latest Cryptocurrency News
📍Largest software maker Microsoft has patented a new mining system with which users can earn cryptocurrency during physical and mental activity – users will receive rewards for watching ads and playing sports. 📍Spanish banking giant Santander plans to launch a payment solution based on RippleNet technology in the Mexican market in 2020. This was announced […]
Read MoreCryptocurrency news: latest news and events (03/22/2020)
📍 Due to the outbreak of coronavirus, the organizers of the Moscow Blockchain Life 2020 conference decided to postpone the event until October 21-22 this year. All previously purchased tickets, as well as sponsorship packages will be valid despite the postponement of the event. 📍 AndroidAndroid users will now be able to add a Coinbase […]
Read MoreCryptocurrency news: Crypt, Mining, Coronavirus – Recent events (03/16/2020)
All Recent Events on 03/16/2020 Crypto companies in New York must submit a coronavirus response plan to the authorities; The cryptocurrency market stabilized and went into a phase of consolidation; CME suspends trading in Chicago due to the spread of coronavirus; Coronavirus was discovered in developer Afri Shedon after the Ethereum conference. Crypto companies in […]
Read MoreAustralia’s Ripple XRP Liquidity Index Reaches New Record
The Ripple XRP liquidity index at BTC Markets in Australia recently reached 7.550 million. Recently, the Ripple XRP liquidity index in Australia at the BTC Markets for the XRP / AUD pair rose to a new high of 7.550 million. The previous maximum for XRP here was 7.165 million. XRP Liquidity began to gain momentum […]
Read MoreBitmain co-founder filed a new lawsuit against a company in China
Bitmain co-founder Mikri Jean filed another lawsuit in an attempt to regain control of the mining company, CoinDesk writes with reference to a notice from the Changle District Court, Fujian, China. The lawsuit was filed against the “daughter” of Bitmain Fujian Zhanhua Intelligence Technologies and Beijing Bitmain Technologies as a third-party organization associated with the […]
Read MoreThe German regulator has stopped the activity of the network of bitcoin terminals Shitcoins Club
The German regulator suspended the activities of the company in the local market, which offered the services of buying and selling cryptocurrencies through a network of terminals. According to an official statement on the website of the German Federal Financial Supervisory Authority (BaFin), Adam Gramowski, managing director of KKT UG, was ordered to immediately cease […]
Read MoreUS accuses two Chinese citizens of hacking cryptocurrency exchange for $ 250 million
According to court documents, the District of Columbia court prosecutors accuse the two Chinese of large-scale theft of crypto assets. According to the court, the defendants stole $ 250 million from an unnamed cryptocurrency exchange. Court documents were published by Seamus Hughes as part of the Program on Extremism. In the court case, U.S. prosecutors […]
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