Blog: FullyCrypto

Reading Time: 3 minutes China has been the home of crypto mining for over a decade The recent ban by the Chinese government is threatening that dominance Why did China become a Mecca for crypto mining in the first place?...

Reading Time: 2 minutes IRON Finance has outlined the “bank run” that caused its TITAN governance token to crash from $64 to $0 earlier this week IRON Finance cited that whales redeeming their IRON tokens incorrectly was the catalyst for the crash Holders panic sold...

Reading Time: 2 minutes The local government of Sichuan has told power companies to immediately stop supplying crypto mining operations in the region. Crypto mining was said to be continuing as normal despite the nationwide ban imposed last month Hydroelectric miners...

Reading Time: 2 minutes The number of Brits owning cryptocurrencies has grown 21% in the past year The median holding has also grown, as has the perception of cryptocurrencies as an investment rather than a gamble However, understanding of cryptocurrencies among...

Reading Time: 2 minutes Compromised Ledger Nano devices are being sent to Ledger hack victims The wallets purport to come from the company as an apology for the massive data leak last year The wallets contain a flash drive which allows any funds on them to go straight...

Reading Time: 4 minutes A Bitcoin critic loved by anti-Bitcoin mainstream media outlets has illustrated his ignorance with his latest piece Pete Howson was discussing El Salvador’s Bitcoin plans but ignored several key aspects The prejudiced piece is symptomatic of the...

Reading Time: 2 minutes The World Bank has said that it has refused a request to help El Salvador implement Bitcoin The World Bank cited Bitcoin’s “environmental and transparency shortcomings” as reasons to withhold assistance The Central American Bank for Economic...

Reading Time: 2 minutes IRON Finance’s TITAN token has crashed from $64 to $0 following a “bank run” It is suspected that huge sells followed by whales taking advantage of an arbitrage opportunity were to blame TITAN holder Mark Cuban was also hit by the sudden crash...

Reading Time: 2 minutes In a historic move, Switzerland’s Sygnum bank aims to allow institutional investors to get into DeFi in a regulated manner. The bank will provide regulated banking services for a number of leading DeFi tokens. Sygnum aims to add more DeFi...

Reading Time: 2 minutes British Cub Scouts are to learn about Bitcoin as part of a new Money Skills Activity Badge HSBC are backing the project, which means that Bitcoin will be getting short shrift An initial report suggested that children were “sceptical” about...

Reading Time: 2 minutes A Bitcoin investment advert featuring a celebrity has led to a retired British teacher losing her life savings Theresa Jackson lost £120,000 to the Bitcoin scammers who used the image of TV star Bear Grylls to lure her in The celebrity Bitcoin...

Reading Time: 2 minutes The SEC recently published its spring 2021 agenda, but cryptocurrency reform was not on it The agenda outlined the agency’s revised short- and long-term goals which were varied but did not mention the cryptocurrency markets New SEC boss Gary...

Reading Time: 2 minutes Microstrategy has revealed its intentions to sell up to $1 billion in stock to acquire more Bitcoin. Just today, the company completed the sale of $500 million in bonds and will use its proceeds to buy Bitcoin. Microstrategy has gained around...

Reading Time: 2 minutes Two of the three accomplices who helped former head of Nissan Carlos Ghosn flee Japan have admitted their role Michael and Peter Taylor helped Ghosn flee Japan and received over $500,000 in bitcoin shortly after the job was done Ghosn maintains...

Reading Time: 2 minutes The news that pension provider ForUsAll is launching a 401(k) with cryptocurrency exposure is huge for the space The news went under the radar following the El Savador excitement, but it is an equally big development $22 trillion is locked up in...

Reading Time: 2 minutes Cryptocurrency mining has become public enemy number one in recent weeks Fossil fuel-powered cryptocurrency mining operations have been criticized heavily in the press and further afield There are some innovative ways in which the crypto...

Reading Time: 2 minutes Bitcoin is at a crucial point in its recovery, hovering just below $41,000 The bounce off $30,000 has been met with strong buy volume The sentiment around Bitcoin has shifted once again in the past week or so to be bullish...

Reading Time: 2 minutes El Salvador's move to adopt Bitcoin as legal tender has prompted discussions on whether Bitcoin can replace the dollar. Bitstamp CEO Julian Sawyer says crypto shortcomings are an obstacle. After El Salvador, a handful of Latin American...

Reading Time: 2 minutes AntChain, the blockchain arm of Ant Group, has signed a deal to provide blockchain solutions to UEFA The company is advertising during the Euro 2020 tournament AntChain will provide blockchain solutions during the tournament and beyond...

Reading Time: 3 minutes Mainstream media outlets have taken Bitcoin to task over its environmental impact in 2021 This switch has come about after other arguments have been proved wrong in the past 18 months Bitcoin’s part in ransomware attacks will be the final straw...