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Understanding How Cloud Mining Works Cloud mining offers a simple and accessible path to crypto mining. Instead of setting up and managing physical mining rigs, users rent computing power from a provider and receive a share of the mining rewards. For example, when you opt into Bitcoin cloud mining, you choose a plan based on…

A dozen Americans and foreign nationals have been charged by the U.S. Department of Justice (DOJ) this week for engaging in an online racketeering conspiracy that saw $263 million worth of cryptocurrency netted in the crime scheme, as stated in a May 15 press release. Feds Say Fraudsters Swindled Millions in Crypto According to the…

Everyone knows YouTube is one of the biggest creator platforms in the world. But for fans, it’s always been just that – a place to consume content, not earn from it. Unless you’re MrBeast or an early investor in Alphabet, you don’t share in the upside.But what if fans could grow with the platform, not…

Ethereum (ETH) could be set for a major comeback against Bitcoin (BTC), according to new data from on-chain analytics firm CryptoQuant. Ethereum may have hit bottom vs Bitcoin. The ETH/BTC ratio just surged 38% from a 5-year low. Demand is rising, selling pressure is falling, and ETFs are loading up. This could signal the beginning…

World Liberty Financial (WLFI), the issuer of the USD1 stablecoin, publicly rejected a Senate probe into its operations, dismissing the inquiry as politically motivated and lacking substance. The public response came shortly after Senator Richard Blumenthal (D-CT), ranking member of the Senate Permanent Subcommittee on Investigations (PSI), revealed that his office launched a preliminary inquiry…

Key Takeaways: Saudi Central Bank’s stake in Strategy grants indirect exposure to 568,840 BTC. The move mirrors Norway’s sovereign wealth fund strategy for crypto exposure. Saudi Arabia leads MENA in crypto growth (154% YoY) but lacks exchange regulations. In a rare move indicating shifting global reserve strategies, the Saudi Central Bank has revealed an investment…

As the digital asset sector continues to weave itself deeper into the fabric of global finance, regulatory efforts across jurisdictions are intensifying, sometimes with increased coordination and at other times mired in political drama. This week brought together a mix of ambition, scrutiny, and international experimentation—from Washington to Gibraltar—showing the tension between innovation and oversight…

Pi Network ($PI) may be cooling off from a recent rally, but several key announcements are likely to push its price up to $2.50 by summer. On Wednesday, the Pi community announced a major ecosystem update Wednesday, which could fuel the next leg of the rally. The Pi Network Ventures initiative, which has $100 million…

The Bitget price has jumped by 7% in the past 24 hours, with the utility token rising to $5 after Coinbase disclosed that it had suffered a cyberattack. This represents a 9.5% gain in a week and an 18% increase in the month, with the exchange token – currently ranked 31st by market cap –…

Key Takeaways: AUSTRAC penalizes Cointree A$75,120 for missing SMR deadlines, hindering criminal fund tracing. Crypto exchanges must file SMRs within three days (or 24 hours for terrorism financing) or face fines. Australia’s purge targets over 400 inactive platforms. In a statement released on 16 May, Australia’s financial intelligence agency (AUSTRAC) has fined Melbourne-based crypto exchange…