Another Crypto Exchange Pauses Withdrawals – Is Zipmex in Trouble?
Zipmex, a cryptocurrency exchange based in Singapore, has recently suspended withdrawals from its platform.
Ukrainian Crypto Mining Farm Close to Kharkiv Gets Shut Down by Law Enforcment
The main Ukrainian law enforcement agency busted a illegal cryptocurrency mining facility in Kharkiv. According to the agency, the operators of the crypto farm were creating large quantities of stolen electricity and threatening critical infrastructure.
Texas Bitcoin Miners Turn on the Power After Shutting Down From Power Shortage
Bitcoin miners stayed down for over a week to ensure that vital services were prioritized during heat waves.
Digital Asset Firm Bitgo Now Supports Near Protocol After Partnering with Near Foundation
Bitgo, a digital asset company, announced that it had partnered with Near Foundation on July 19. The partnership will allow institutions holding near protocol tokens (NEAR tokens) to store and stake coins through Bitgo’s platform.
Developers of the New Ethereum Merge Announce Long Awaited Merge Date
Ethereum’s transition from PoW to PoS could take years. It began with the launch Beacon Chain in December 2020, and has experienced many delays along the way.
SEC Tells Congress Crypto Enforcement is The Main Priority In Latest Hearing
A recent hearing by a congressional subcommittee revealed that crypto has been the most contentious area of the SEC’s enforcement wing. It was also clear that partisanship is evident in the decision-making process of the financial regulator.
Bitcoin Mining Company Marathon Locks in Over 250 MegawattsFrom Hosting Providers
Marathon, a bitcoin mining company, has announced that it has secured 254 megawatts new hosting deals. The option to increase this number to 324 megawatts is available.
Finance Minister of India Says Crypto Ban or Regulation Can Work of All Nations Work Together
India’s finance minister informed Parliament that the Reserve Bank of India (RBI) wants cryptocurrency to be banned. She noted, however, that any legislation for regulation or banning can only be effective after significant international cooperation.
Crypto Exchange Stocks Pump as Bitcoin and Ethereum Get Fresh Gains
These companies were pleased to see a decrease in the price of cryptocurrency.
Crypto Trading Platform OKX Given Provisional Licence to Keep Services Going by Dubai Regulators
OKX, a crypto trading app based in Seychelles, was recently granted a provisional license to operate its virtual assets services in the United Arab Emirates. OKX can now extend certain exchange products to qualified investors and financial service providers with the provisional license.
