Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

From human conflict to energy crunches, a whole host of factors can trigger major panic and sell-offs in the crypto sector. While all eyes were on Kazakhstan’s Bitcoin miners, another country is now putting its crypto miners under the microscope….

KuCoin report shows which coins Turkish investors are using to fight inflation

Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companies have noted Turkish crypto investors’ interes…

Here’s how newbie NFT marketplace LooksRare overtook the OG OpenSea

While the crypto market mayhem might not be over, the OG non-fungible token (NFT) marketplace OpenSea has been recording impressive volumes. However, OpenSea’s competitor LooksRare, which launched on 10 January, has been breaking its records with…

Chainlink investors witness first profits in two months, but how long will it last

As the overall market recovery is slowly creeping in, altcoins like Chainlink too are looking at some sort of profits. But as enticing profits draw in new investors, certain other factors also hint towards a future where they might not gain returns as …

Tax season: Regulations unclear, experts advise early prep for taxes on crypto, NFT

While the interest in crypto markets skyrocketed, the NFT craze also saw a massive surge through the last year. However, it’s now time for the taxmen to check for tax liabilities from profits in these investments. IRS prepares for crackdown Bloom…

Report: BarclayHedge cryptocurrency traders index was up 138.1% in 2021

Global cryptocurrency funds recorded sharp gains in 2021 after prices of most digital currencies surged to record levels, as per a report by BarclayHedge. Which in turn led to strong institutional interest, furthering the acceptance of cryptos by watch…

UK newspaper unveils record breaking number of crypto ads, amid CBDC pushback

If regulating crypto wasn’t hard enough, one particularly sticky area to navigate is the question of crypto ads and commercials. Across the Atlantic, this matter has been causing a row for quite some time. Now, new information has put the ethics …

Here’s how China might be leading the CBDC race as Winter Olympics draws near

One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country’s latest CBDC adoption stats suggest that crypto news junkies should probably…

FTX ‘Venture’ing into Web3 helps FTT break out of its five month downtrend

The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has been created with $2 billion set aside for funding new an…

Russia: Authorities crack down upon hackers’ group ‘REvil’, seizes $5.5 million

The Federal Security Service of the Russian Federation along with the Investigation Department of the Ministry of Internal Affairs has reportedly shut down an “organized criminal community.” It noted in a release that a known hackers group …