Bitcoin, Ether and almost all other cryptocurrency have been doing it rough for the last month after China committed to banning cryptocurrency mining, among other services, in late June. Now crypto enthusiasts have more to fret, as the EU looks to crackdown on the cryptocurrency industry by making digital wallets more traceable.

BTC mining difficulty has posted another negative adjustment on the weekend, with the difficulty rate almost becoming half since mid-May. In the thick of the in progress crackdown on digital asset mining in China, mining new BTC continues getting uncomplicated as Bitcoin has gone through another mining difficulty decline.

While Bitcoin (BTC) has been gaining and continues to gain popularity all the time, more and more transactions are being processed in its ecosystem. Bitcoin’s blockchain is essentially a database that allows network participants to see all previous, recorded transactions. This database is distributed, and every user of the network has a copy of it.

Malaysian authorities did not mess around when they broke up a cryptocurrency mining farm and charged the operators with stealing electricity.

The Turkish Ministry of Treasury and Finance announced that a draft bill to establish a legal framework for crypto assets in the country is ready as per the report from sabah. Deputy Minister Sakir Ercan Gül said that the crypto law would be submitted to Turkey’s unicameral legislature, The Grand National Assembly of Turkey (TBMM), at the start of the next legislative year in October 2021.

How do authorities dispose of confiscated cryptocurrency mining rigs? In a city in Sarawak, Malaysia, authorities got rid of 1,069 rigs at once by crushing them with a steamroller, Vice reports. According to Malaysian publication Dayak Daily, the PCs were confiscated over six raids conducted between February and April this year. Sarawak Energy Berhad, the electric utility company of the Malaysian province, is accusing the mining operators of stealing electricity for their activities.

Bitcoin is a highly volatile cryptocurrency with a track record of “boom and bust” cycles – when its price soars and then crashes back to earth.

The environmental cost is too high to make crypto a good choice for anyone who cares about the planet, says Tara Shirvani.

Bitcoin is certainly the undisputed leader in the world. But that does not prevent some from criticizing Bitcoin for its lack of application. Indeed, compared to other cryptos like Ethereum which have created a real ecosystem, Bitcoin remains… only a means of payment. But that could quickly change.

Dogecoin was made as a joke, but Jackson Palmer really doesn't think it's funny anymore.

The wallet lay dormant for almost a decade.

Sam Bankman-Fried, the CEO of crypto exchange FTX, said in an interview with the Financial Times that acquiring Goldman Sachs or CME Group was "not out of the question" should FTX grow big enough. "If we are the biggest exchange, [buying Goldman or CME] is not out of the question at all," Bankman-Fried told the FT.

Whale Alert, a popular cryptocurrency-tracking Twitter bot, has deducted a Bitcoin wallet which has been inactive for more than nine years.

Crypto Twitter has exploded with talk that Apple will soon announce a Bitcoin purchase in the billions of dollars.

Minerd said in April that bitcoin's price would soon be cut in half.

The Pennsylvania Republican invested as much as $30,000 in Bitcoin and Ethereum days after he asked for revisions to proposed cryptocurrency rules.

The cryptocurrency market is becoming one of the few places where internet meme culture can translate into serious money. The big picture: "Joke" cryptocurrencies can thrive when bored people who have cash to spare look for new ways to entertain themselves with seemingly benign bets — hoping that one of those bets could turn into a lucrative investment.

The state has gone all in crypto, but concerns linger about how many jobs it can bring — and how energy-intensive Bitcoin mining will affect the climate, writes Josh Marcus

Private equity's cryptocurrency experiment pushes more costs on the public.

Bitcoin has been the baton holder for cryptocurrency market for a long time but its position as the ultimate crypto is in danger for the first time.