ARGO BLOCKCHAIN BOOSTS DAILY BITCOIN PRODUCTION DESPITE NETWORK DIFFICULTY SURGE |1300 HKT | 0600 UKT | 7 March 2023

by Александр Пирогов | Mar 7, 2023 | Blog News

Argo Blockchain, a publicly-listed Bitcoin mining company, reported a 7% increase in its daily Bitcoin production in February despite the surge in network difficulty, which has reportedly reached an all-time high of 43 trillion on 25 February. According to the...

SEC TAKES EMERGENCY ACTION AGAINST BKCOIN MANAGEMENT OVER ALLEGED CRYPTO FRAUD |1300 HKT | 0600 UKT | 7 March 2023

by Александр Пирогов | Mar 7, 2023 | Blog News

The US Securities and Exchange Commission (SEC) has taken emergency action against BKCoin Management on 7 March, accusing the Miami-based investment adviser of raising $100 million from 55 investors to invest in cryptocurrency but instead using the funds to pay for...

SILVERGATE ENDS ITS CRYPTO PAYMENTS NETWORK OVER VIABILITY CONCERNS |1300 HKT | 0600 UKT | 6 March 2023

by Александр Пирогов | Mar 6, 2023 | Blog News

Silvergate Capital Corp announced on 3 March that it has made a risk-based decision to discontinue its crypto payments network, the Silvergate Exchange Network (SEN), which provides round-the-clock transfers between investors and crypto exchanges. While other...

AUSTRALIAN CRYPTO LEGISLATION MAY NOT BE IMPLEMENTED UNTIL 2024, SAYS GOVERNMENT DOCUMENTS |1300 HKT | 0600 UKT | 6 March 2023

by Александр Пирогов | Mar 6, 2023 | Blog News

The Australian government’s internal documents indicate that the process of legislating on crypto may extend beyond 2024. The documents suggest the government will issue consultation papers in Q2 2023 and hold stakeholder roundtables on crypto licensing and custody in...

RIPPLE CEO CRITICIZES SEC’S REGULATORY APPROACH, WARNING EXODUS OF CRYPTO COMPANIES |1300 HKT | 0600 UKT | 6 March 2023

by Александр Пирогов | Mar 6, 2023 | Blog News

Ripple CEO Brad Garlinghouse has expressed his concerns about the US Securities and Exchange Commission’s (SEC) regulation through an “enforcement” approach towards the crypto industry. According to Garlinghouse, the SEC’s enforcement approach is not a healthy...

NATIONWIDE AND HSBC BAN CREDIT CARD PURCHASES OF CRYPTOCURRENCIES AMID FCA WARNINGS AND INDUSTRY SCANDALS |1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

Nationwide Building Society and HSBC Holdings Plc have reportedly prohibited retail customers from purchasing cryptocurrencies with credit cards. This decision came as a response to warnings issued by the UK Financial Conduct Authority (FCA) and recent scandals in the...