Crypto Miners Stop Their Activity in Texas Due to Peak in Electricity Demand
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
Crypto Exchange OKX Becomes Manchester City’s Sponsor
OKX has just announced a sponsorship agreement with Premier League football club Manchester City for the 2022-2023 season.
Mike Novogratz: Bitcoin Will Not Fall to $13K
Mike Novogratz, CEO of Galaxy Digital, said in mid-June that Bitcoin should hold around $20,000.
Hackers Stole $670 Million in Digital Assets in Q2 2022
Between April and June, there were 50 hacks that caused crypto platforms to lose more than $670 million.
Bank of England Will Not Develop a Digital Pound Based Digital Yuan’s Model
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The Bank of England Warns Against Risks Associated to Digital Currencies
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
Belgium Wants to Treat Cryptos as Securities
The authorities of Belgium plan to regulate digital currency transactions in line with securities law.
