How Crypto Miners Are Adapting to Survive the Bear Market

Mining In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. In their absence,

Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Exchanges Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion

PBOC Deputy Governor Calls STOs “Illegal Financial Activity”

Regulation Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in

Bitmain Shuts Down Research and Development Center in Israel

Mining The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister

PR: Postar – Public Chain Transaction Platform

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