On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is […]
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target […]
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, […]
FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to […]
GPU manufacturer Nvidia has made its GeForce RTX cards unappealing to cryptocurrency miners. Graphics card maker, Nvidia, has extended its campaign to diminish the use of its RTX 3080, RTX 3070, and RTX 3060 Ti […]
ETH, Ethereum Network’s native token, reached the $3k milestone on May 2nd, after a week of reaching new all-time highs. In addition to a jump in prices, ETH has been the subject of interest by […]
The Layer 2 DEX platform seeks to leverage Polygon’s low-fee and highly scalable network to the benefit of DeFi users. Umbria Network, a UK-based decentralised protocol, is set to launch a decentralized exchange (DEX) platform […]
BlockFi has received some of its Bitcoin back after it accidentally sent users an excessive amount of the crypto during a giveaway. BlockFi’s recent mishap of sending an excessive amount of crypto during a promotional […]
Goldman Sachs, one of the most important banks in the United States -and the whole world- released a report on cryptocurrencies, and its content is quite promising for the ecosystem. The report “Crypto, a new […]
Consumers scammed by fraudulent cryptocurrency giveaways during Elon Musk’s SNL performance are requesting the Federal Trade Commission (FTC) help them recover their money. During Elon Musk’s performance on Saturday Night Live on May 8, fraudsters […]
© Copyright 2026 TheCryptoMagic.com
