A mining ban went into effect in the African nation in April 2024, followed by Chinese officials warning residents not to “support or engage in virtual currency mining activities.”
Ether gains 10% after Fed's Jackson Hole, ETF holdings top 6.4M ETH
Record ETF inflows pushed Ether holdings to 6.4 million, tightening supply as the price tested $4,668 after dovish comments from the Federal Reserve Chair Jerome Powell.
Bitcoin price charges to $116K as Fed's Powell hints at interest-rate cut
Bitcoin recovers from a trip to six-week lows as Fed Chair Jerome Powell gives strong “dovish” clues over where interest rates will head in September.
Coinbase tightens workforce security after North Korea remote-worker threats
Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.
SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury
SharpLink Gaming, the second-largest Ether corporate treasury with $3.14 billion in ETH, approved a $1.5 billion stock repurchase program.
China’s stablecoin push raises questions on dollar dominance and market trust
Beijing’s consideration of a yuan-backed stablecoin could mark a new front in the global financial system, but experts say dollar dominance, liquidity and trust are high hurdles.
Banning virtual currency kiosks is no solution to fraud
Blanket crypto ATM bans punish legitimate users while fraudsters adapt. Smart warning systems at kiosks could intercept scams in progress.
Philippine bill charts path to strategic reserve with 10,000 Bitcoin
The bill would require the central bank to buy 2,000 Bitcoin annually over five years and hold the assets for at least two decades.
Don’t expect China’s stablecoin to touch the mainland
China’s split renminbi system suggests a rumored yuan stablecoin won’t mark a crypto shift.
Apple patches zero-click exploit threatening crypto users
Apple patched a zero-click vulnerability that allowed sophisticated attackers to compromise devices and could lead to cryptocurrency theft, urging users to update their devices.