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Pakistan Following Kazakhstan’s Footsteps To Attract Bitcoin Miners

The Pakistani government decided to bring a friendly environment for the Bitcoin mining companies. Some crypto influencers claimed that Pakistan will fail just like Kazakhstan. Summary PCC proposed to use surplus electricity for Bitcoin mining. The majority of the government officials supported the proposal. Experts believe such decisions will result in better outcomes for crypto […]

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Shocking Claim: 500 People Behind $3.2 Trillion in Artificial Cardano ($ADA) Trade Volume

A new report claimed that less than 500 people are responsible for the trading of a trillion-dollar volume of $ADA coin. Cardano’s founder slammed the report for such claims. Summary A website claimed a few hundred people artificially inflated the $ADA coin trade volume. Cardano lovers are optimistic about Coinbase-Derbit’s potential merger. Cardano is a […]

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Wazirx’s Nischal Shetty Reports $478.5m Net Liquid Assets as Voting Starts

Nischal Shetty reported the net liquid assets held in the hand of the WazirX crypto exchange, ready for distribution to the WazirX creditors. Summary WazirX crypto exchange reported net liquid funds. Voting on the exchange’s Restructuring Scheme has been started. WazirX is currently India’s top struggling crypto exchange. In July 2024, this crypto platform’s cold […]

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US SEC Says POW Crypto Mining Does Not Constitute Securities Offerings

The American securities regulatory body provided clarity regarding crypto mining transactions but still some crypto enthusiasts are in doubt, as the agency failed to use PoS Cryptocurrencies. Summary The US SEC body called Bitcoin mining non-security financial transactions. The regulatory body explained that Bitcoin miners don’t need to get permission from any third party for […]

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