Crypto News
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining CompaniesSource link
Binance Pool Introduces KASPA (KAS) Mining with Zero Fees
Binance Pool has launched KASPA (KAS) mining service with zero pool fees during the promotion period from August 5 to November 5, 2024. (Read More)Source link
Crypto Market Rout Resumes as Equities Trading Briefly Halted in Japan
Sunday's drop, the single-largest daily decline since April 13, comes as the broader market and Japan face an equity rout.Source link
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below are six distinct indicatorsSource link
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace, Mesh.trade, recently launched a $1.64Source link