China appears to be ahead of the pack in the central bank digital currency race. The Peoples Bank of China, the countrys central bank, has already tested its CBDC pilot also known as the digital yuan in a variety of...

South Korea is moving ahead with its central bank digital currency program. Bank of Korea recently chose a subsidiary of the internet giant Kakao as its preferred bidder for its digital won project. Bank of Korea...

Aside from pulling down the prices of Bitcoin (BTC), Ether (ETH), and other digital currencies, Chinas recent crypto crackdown caused the exodus of mining firms from the country. Various North American mining firms are now...

The REvil group has lowered its demand to $50 million in Bitcoin (BTC). The Russian group was behind the massive ransomware attack on Friday which affected at least 200 U.S. firms. The ransomware group initially...

Crypto mining firm Hut 8 announced plans to increase its holdings of self-mined Bitcoin (BTC). The Toronto-based company also added that it expects to increase its hash rate by more than double by the end of the year and...

Square Inc. is one of the first mobile payments firms to offer support for cryptos in its app as well as one of the first publicly-listed companies to hold Bitcoin (BTC) in its balance sheet. Now, the company wants a...

Unlike Tesla, which stopped accepting Bitcoin payments recently, Canadian light electric vehicle manufacturer Daymark is wholeheartedly embracing cryptocurrencies. The company is now accepting a multitude of cryptos such...

Brazilians have found an alternative source of income in crypto mining amidst the rising unemployment in the country due to the coronavirus pandemic. Mining rigs were even spotted in homes located in favelas as home mining...

The announcement of the creation of a new Bitcoin Mining Council that will promote the use of renewable energy seemed to have calmed the crypto market with BTCs price trading between $37,000 and $39,000 lately. However,...

Chipmaker Nvidia is making sure that its new models of graphics cards, which are geared for gaming, go into their intended users. The company is putting an Ethereum hash rate limiter on the hardware to make them less...

Crypto mining app for mobile users Pi Network is now reportedly linked to a massive data leak. The leak involved the personal data of thousands of users of the popular app. The leaked personal data came from the Know...

When PayPal launched its crypto trading feature last year, the payments giant also announced that the same feature will be arriving on its Venmo app. That day has finally arrived as Venmo users can now start trading in...

For years now, Chinas status as the worlds crypto mining leader remained unchallenged. But that could change as North American firms have started to beef up their mining capacity that could challenge the dominance of their...

With the soaring prices of cryptos such as Bitcoin (BTC) and Ether (ETH), cryptocurrency mining has become a very profitable enterprise. This prompted some to raise their concerns over Bitcoin mining claiming that the...