Alliance of 18 crypto firms rolls out the industry standard for Travel Rule compliance

Alliance of 18 crypto firms rolls out the industry standard for Travel Rule compliance

Coinbase, along with 17 other crypto firms, recently launched a ‘Travel Rule Universal Solution Technology’ (TRUST), a platform that will enable the group of well-established US companies to achieve compliance with anti-money... Read more »
Nigerian Blockchain Advocacy Group Says 'Crypto Is Legit' — Calls for Regulation of Industry

Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry

The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulation should on... Read more »
US Senator: 'America Competes Act' Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers

US Senator: ‘America Competes Act’ Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers

U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the crypto industry. “I will not stand by and let the heavy hand... Read more »
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall... Read more »
Report: Bitcoin consumes less energy compared to banking and gold industry

Report: Bitcoin consumes less energy compared to banking and gold industry

For a very long time, Bitcoin’s energy consumption has been used as a whip by many critics of the asset who believe that the amount of energy used in mining new units... Read more »
Happy Birthday, Bitcoin! Industry players share a few words

Happy Birthday, Bitcoin! Industry players share a few words

To celebrate the Bitcoin network’s 13th anniversary, findcryptonews.com gathered birthday messages from industry players to mark the occasion. Following a hash rate all-time high, Bitcoin (BTC) has officially reached its adolescent years,... Read more »
Inside the Iranian Bitcoin mining industry – findcryptonews.com Magazine

Inside the Iranian Bitcoin mining industry – findcryptonews.com Magazine

ViraMiner is an Iranian company that sets up Bitcoin mining farms and maintains them. It has two offices in western Tehran, located in separate adjacent buildings. When Magazine visits, its old office... Read more »
Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running

Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running

As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation  “Looking... Read more »
US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry

US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry

U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues... Read more »
Opulous (OPUL) rallies 785% as fans dig the sound of NFTs in the music industry

Opulous (OPUL) rallies 785% as fans dig the sound of NFTs in the music industry

There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one... Read more »