The People's Bank of China has clarified that trading cryptocurrencies inside the country is illegal. As its argument, the PBOC said cryptos are dangerous because people can lose their assets.
Poly Network, the crypto platform that was recently hacked and had millions in cryptocurrencies stolen, has confirmed that it has received all the money back from the hacker and is restoring service.
PayPal has expanded its cryptocurrency service to users in the UK. With the new service, people will be able to buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash for as little as £1.
PSG has announced today that some part of the payment package for the club's newly signed Lionel Messi will consist of digital Fan Tokens ($PSG). These tokens give the owner some influence over clubs.
The Radeon RX 6600 XT may be the most power-efficient Ethereum mining GPU according to a video that shows its alleged performance. The card is apparently doing 32MH/s while sipping just 55W of power.
Accountants and financial advisors have warned that people may unknowingly be accruing high capital gains tax bills by using crypto-based debit and credit cards to make purchases in stores.
Ethereum has completed a network upgrade called London. The London upgrade should stabilise transaction fees on the network. In the past they have fluctuated wildly to become expensive at times.
The insolvency firm Begbies Treynor has warned governments could miss out on huge sums of tax if they do not get to grips with cryptocurrencies and put regulations and tax measures in place.
A farmer from the UK has started using the waste produced from his farm's cows to mine Ethereum cryptocurrency using GPU mining rigs. What's more, the business appears to be growing.
The Norton 360 antivirus program is getting a feature that would allow users to mine Ethereum cryptocurrency within the application itself. It also features a cloud-based coin storage wallet.
The end of 2020 saw a rise in the prices of cryptocurrencies which caused a rise in mining. However, if you are still not sure about mining then you can check out our guide to set up a mining rig.
Reports suggest President Biden will increase the capital gains tax to 39.6%. This has sent the price of bitcoin and other cryptocurrencies tumbling but it's too early to say what will happen next.
PayPal has announced that Venmo users can now buy, hold, and sell cryptocurrency directly in the Venmo app. PayPal itself started supporting the new currency type at the end of March.
Alleged pictures and specifications of the ASUS variant of Nvidia's CMP 30HX mining card have leaked. The card is reportedly priced at an astounding $799 and Nvidia may be responsible for it.
PayPal has launched Checkout with Crypto, a new service that allows consumers in the United States to pay with cryptocurrencies like bitcoin. Merchants all over the world receive the money as fiat.
Nvidia launched the RTX 3060 desktop graphics card with an algorithm to slow the Ethereum mining performance, but now it seems to be removing those limits with a new GeForce driver.
India is planning a major crackdown on cryptocurrencies by introducing a new bill banning users from trading or holding cryptocurrencies. The bill will give traders six months to sell their positions.
PayPal has acquired the cryptocurrency firm Curv to bolster its credentials in the field as it looks to offer these services to users around the world in the first half of the year.
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The Indian government is looking for parliament to debate a bill which would ban bitcoin and other cryptocurrencies inside the country and allow the reserve bank to create its own cryptocurrency.
PayPal has announced that it's adding cryptocurrency management to the portfolio of features on its platform. Users will be able to buy Bitcoin, Ethereum, and more directly in PayPal.
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Opera has announced an update to Opera Touch for iOS which brings with it support for Crypto Wallet. Opera has also partnered with Marble.Cards to show off what's on offer from Web 3.0.
In a new push for the standardization of cryptocurrencies, a company called Flexa is launching a network that allows you to pay for your purchases in physical stores using a mobile app.
Bitcoin has hit $5,000 today, marking its highest point since the start of the year. It was triggered after an order for 20,000 bitcoins was placed, split across three major exchanges.
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Google has said that it is banning cryptocurrency advertising on its AdWords platform due to a lack of regulations. The decision comes just over a month since Facebook decided to slap on a ban too.
The Venezuelan state-sponsored cryptocurrency, the Petro, will be offered in a pre-sale to investors tomorrow. The Petro is an attempt for the country to try and deal with various economic woes.
Kraken crypto exchange CEO, Jesse Powell, has stated that he believes that the cryptocurrencies will achieve a valuation of $1 trillion this year. In January, bitcoin lost more than half its value.
Ledger's software wallets are vulnerable to an exploit which could see your bitcoins get surreptitiously sent to a hacker. The firm said that it doesn't plan to fix the issue but will raise awareness.
With graphics cards costing several hundred or thousands of dollars, Unicef has asked gamers to reduce the lifetime of this expensive hardware in a bid to raise funds for charities around the world.
In yet another testament to the extreme volatility of digital currencies, Bitcoin has fallen to almost half of its earlier valuation of approximately $19,500. Other currencies are also seeing losses.
The South Korean government has rejected a proposal to ban cryptocurrency trading in the country which was alluded to by the justice minister. The country will more tightly regulate the market.
The finance minister of South Korea has stated that the country is drafting up a law that would ban the trading of cryptocurrencies such as bitcoin and ethereum. The news has caused prices to drop.
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An image of a cryptocurrency mining rig in the boot of a Model S was posted online. Tesla offers free unlimited electricity at its Supercharger units, so would it be feasible to mine from the car?
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Bitcoin has set yet another record, this time passing the $7,000 mark. The upturn could have been due to the fact that CME Group plans to get involved with the cryptocurrency soon.