KEY POINTS Amazon made the decision after coming under pressure from UAE authorities, who reportedly threatened it with penalties, according to reporting by the New York Times. The news follows Pride month, which is celebrated in countries around the world but not in the religiously conservative Gulf, where homosexuality is criminalized. DUBAI, United Arab Emirates …
Greenidge Generation LLC has been denied a renewal of its air permit to continue operating its Bitcoin mining on the shores of Seneca Lake in New York. The New York State Department of Environmental Conservation (NYSDEC) made the decision on Thursday that Greenidge’s Bitcoin mining operation does not meet the requirements of state climate laws. Greenidge Generation applied …
New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake Read More »
Shares of the troubled digital broker plunged more than 26% in U.S. trading on Friday. Crypto broker Voyager Digital (VYGVF) is temporarily suspending all trading, deposits, withdrawals and loyalty rewards, the company announced Friday. Even the Voyager-issued debit card will stop working for owners. The changes were effective as of 2 p.m. ET. “This was a …
Voyager Digital Temporarily Suspends All Trading, Withdrawals and Deposits Read More »
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem. Nonfungible tokens (NFT) took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement tool that …
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows Read More »
El Salvador President Nayib Bukele announced the country bought another 80 BTC, resulting in a total treasury of 2,381 BTC valued around $46.1 million. El Salvador bought the dip and acquired 80 BTC at an average price of $19,000. Two days ago, MicroStrategy also bought the dip to the tune of 480 BTC. Nation-states and …
EL SALVADOR BUYS THE DIP, HOLDS 2,381 BITCOIN IN TREASURY Read More »
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark …
