Blockchain & Crypto Archives - Page 19 of 298

NVIDIA Couldn’t Evaluate Crypto Mining Impact as Q1 Profit Hits Record

May 27, 2021

NVIDIA (NASDAQ: NVDA), one of the largest chip manufacturers, reported that it ended the first quarter of 2021 with a revenue of $5.66 billion, which is 84 percent higher year-over-year and a 13 percent rise qu...

PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals

May 27, 2021

Two major fintechs, PayPal and Robinhood are both looking set to follow in the footsteps of the likes of Revolut, with plans to allow crypto withdrawals to third-party wallets – a step that could see the plat...

eToro Includes Four New Cryptocurrencies into Its Investment Platform

May 27, 2021

eToro, a leading multi-asset investment platform, has announced that four new cryptocurrencies are now available in its offerings for digital asset traders. According to a press release, the total number of c...

South Korea Sees Leveraged Crypto Trading as a Threat to Banking

May 27, 2021

The South Korean central bank has sounded an alarm against the leveraged cryptocurrency trading, which is becoming popular among retail traders and might threaten the country’s financial system, The Korea Heral...

Dogecoin Has No Formal Organization, Says Elon Musk

May 27, 2021

Elon Musk, CEO of Tesla, recently said that cryptocurrency Dogecoin has no formal organization. In a reply to a tweet praising his role in the development of the Dogecoin’s ecosystem, Musk said that no one from...

Coinbase Goes After Institutional Customers Amid Investment Surge

May 26, 2021

US-based crypto exchange giant Coinbase is expanding its offer for institutional investors with a prime brokerage service, Coinbase Prime, building on its earlier success in attracting more than 8,000 custome...

Chinese Miners Block Mainland IP Access as Beijing’s Purge Intensifies

May 26, 2021

China’s struggle with Bitcoin (BTC) miners appears set to rumble on, as two Chinese players moved to restrict access from Mainland Chinese IP addresses – and one of the biggest mining hotspots in the country ...

UK Bans Luno’s ‘Misleading’ Bitcoin Ad

May 26, 2021

The United Kingdom’s advertising watchdog has flagged the promotion of cryptocurrency exchange Luno, calling the message on the promotional posters ‘misleading’. “If you’re seeing Bitcoin on the Underground,...

Iran Bans Cryptocurrency Mining during Summer Season

May 26, 2021

Cryptocurrency mining has been banned in Iran until 22 September, ahead of the country’s peak electricity demand season. The country is planning to avoid blackouts in major cities this summer due to an expected...

XRP Whale Address Moves 139 Million Coins

May 26, 2021

XRP, the world’s 6th largest cryptocurrency, jumped above $1.07 today for the first time since 21 May after a spike of nearly 6% in the last 24 hours. Additionally, XRP’s on-chain activity has increased signifi...