Anisha

Edward Snowden, the National Security Agency whistleblower, expressed his concerns over the risk of some privileged firms or individuals’ potential to misuse Nonfungible tokens (NFTs) in the gaming space. Snowden claimed he has seen potential use cases for nonfungible tokens to fundraise for causes when talking with Ethereum co-founder Gavin Wood at the BlockDown DeData online conference […]

Senate Banking Committee’s ranking member and Pennsylvania Senator Pat Toomey is suggesting that Congress should step in with legislation if the United States Securities and Exchange Commission (SEC) couldn’t provide enough guidance on crypto assets. In a statement released by the Senate Banking Committee on Friday, Toomey expressed his dissatisfaction with SEC head Gary Gensler’s […]

December started with stagnancy as Bitcoin is still stuck in the $57,000-$58,000 zone. TheCoinRise, with all the regulatory updates, collaborations, and controversies, is back again with another spicy daily crypto roundup for December 3. Bitcoin is down by around 3%, with a market price of $54,900 after two huge red candles in a 4-hour chart. […]

The environmentally-minded Bitcoin mining firm TeraWulf has raised $200 million in debt and equity financing with the contribution of individual and institutional investors. As per the announcement by the company, it aims to use the funding to achieve mining power of 6 exahash per second by June 2022.  Paul Prager, the chairman and CEO of the […]

According to local media sources, the government would not seek an outright ban on cryptocurrency in India but will instead regulate it. TheCoinRise reported on November 24 that the Indian government was preparing a measure that would create an official digital currency while banning all “private” cryptocurrencies. The news caused panic selling on local crypto […]

Australian university researchers have published a paper that says that Ethereum is a superior store of value than Bitcoin, questioning the BTC’s reputation as the best store of value network in the crypto world. It adds that Ethereum is on the way to becoming the world’s first deflationary currency. Four Australian researchers published a study on Nov. […]

With the market giving huge profits as December starts, we at TheCoinRise are here to give you a summary of all the important announcements, statements, and collaborations that happened in crypto world on December 2. Bitcoin looks pretty good with its goal to breach the $60,000 critical level but is in a resting mode for […]

If jurors remained deadlocked, the legal battle between Craig Wright and the heirs of his now-deceased partner David Kleiman over constitutional rights to tens of billions of dollars in Bitcoin mined by Satoshi Nakamoto might end in a mistrial. The dispute began in 2018 when the family of his colleague Kleiman sued him, claiming the […]

Metaverse marketplace and social media giant Meta has announced its expansion in eligibility requirements for running crypto-related advertisements on Facebook, giving companies more scope to market digital products and services. This Wednesday, Meta announced that effective immediately, it recognizes 27 regulatory licenses and approvals from advertisers, an increase from just three previously. This implies that a large […]

Square, the digital payments company, officially announced that it had changed its name to Block, seemingly in a focus shift towards blockchain technology. Square, in a Wednesday tweet, said that the rebrand aims to bring payments firms together with decentralized Bitcoin exchange tbDEX, Cash App, and music and video streaming platform Tidal.  A report from […]

With Wolf of Wall Street calling Shiba Inu a s**tcoin to Ethereum approaching its ATH, TheCoinRise is back with another daily roundup for December 1 to give you the complete summary of the things that happened recently in the crypto world. The king coin is hovering above $57,000 with a stable green spot and has […]

The ex-stock broker who inspired Martin Scorsese to make The Wolf Of Wall Street movie by his story, Jordan Belfort, attacked meme coins in a recent interview. While speaking to British tabloid The Sun, the infamous American entrepreneur said that the two popular meme coins Dogecoin and Shiba Inu, have no real value and utility. […]

The crypto industry has been the hottest topic in the Parliament, Rajya Sabha on Tuesday after Nirmala Sitharaman, the Financial Minister, clarified the false speculations around crypto banning in India. Sitharaman, on the second day of the Winter session, answered the queries of various ministers related to the upcoming new Bill. She further urged the […]

The government of Russia, which earlier was a huge crypto critic, has now started realizing the potential it has and is working on ways to regulate the market.  However, the president of the Russian Federation, Vladimir Putin, seems still unsatisfied and voiced his criticism at the “Russian Calling” investment forum in Moscow. As per the report by […]

With the crypto market going up with a clear indication of the uptrend along with the most important announcements, partnerships, and controversies, TheCoinRise is back with the latest news roundup for November 30. The market remains bullish after Monday’s booming start as the majority of the coins have helped investors grab their profits. On the […]

lawmakers in South Korea seem like postponing taxation on digital assets for another year, which might be a massive win for the local crypto investors. On November 29, the members of South Korea’s Tax Subcommittee in the National Assembly struck a bipartisan agreement by approving an amendment proposal that might postpone the crypto tax by […]

Crypto fan and Twitter CEO Jack Dorsey announced that he has resigned from his position at the social media giant after serving for over six years. Dorsey tweeted this Monday to his 5.9 million followers that he has stepped down as the CEO of Twitter, which was co-founded by him in 2006. He further disclosed […]

Yesterday’s 6% price spike in the Bitcoin price was a great relief for the investors, but as per directive metrics, it would be premature to call it the bottom. This is also evident as the Bitcoin price is still around 15% lower than the all-time high mark at $69,000, achieved on November 10. After an […]