The Urban Mine

Empowering Las Vegas with E-Waste

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s finance minister, Nirmala Sitharaman, has hinted that the government may not go for a blanket ban on cryptocurrency in the country. The finance minister has said that the government is open to experimentation with new technologies and is not closing its minds for them. Sitharaman added that the government is engaging discussions with the […]

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

Someone has exploited PAID Network, a decentralized finance DeFi app, via a vulnerability that allowed him to mint about $100 million worth of Paid tokens and sold most of them. The unknown person exploited the hack through the contract’s token minting feature and created over 59.4 million PAID tokens worth $166 million at the time […]

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change. During an interview with Wall Street, Powell suggested that the Federal Reserve was going to keep its goal of maintaining inflation above the target mark of 2%. He disclosed that the Fed’s agenda regarding inflationary targets remained […]

Dogecoin Accepted as Payment by NBA’s Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform

Dogecoin (DOGE) will continue gaining traction, and it will soon be entering the NBA thanks to seasoned investor and owner of Dallas Mavericks – Mark Cuban. Dallas Mavericks will be accepting Dogecoin payments for tickets and merchandise purchased online. The NBA team and BitPay – one of the world’s biggest cryptocurrency payment services – will […]

Ripple Pilots Private Version of XRP Ledger for CBDC Issuance

Ripple is testing the feasibility of a private version of its XRP Ledger, which will be specifically used to help central banks issue central bank digital currencies (CBDCs). According to its official announcement on March 3, the benefits of Ripple’s XRP Ledger will be adopted on the CBDC Private Ledger, as it will be powered by the […]

Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios

In his interview with Yahoo Finance, George Ball, the CEO and chairman of Sanders Morris Harris, a private and wealth management firm, considers cryptocurrencies as a good addition to almost any kind of investment portfolio. Ball is a Wall Street veteran who is currently the CEO of Sanders Morris Harris and the former chief executive […]

Uniswap Price Analysis – March 5,2021

In November 2018, Uniswap was officially launched, positioning itself as a decentralized exchange (DEX) based on Ethereum. Uniswap did not adopt the mainstream order book trading system but chose an automated market maker mechanism, which solved the problem of low liquidity and slow transaction speed that most DEX assets encounter. According to data from Coinmarketcap, […]

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

After surging past the $50,000 mark recently, Bitcoin (BTC) has experienced a drawback and has fallen by 5.56% in the last 24 hours to trade at $47,030 at the time of writing, according to CoinMarketCap.  Crypto analyst Joseph Young trusts that the leading cryptocurrency is treading with caution based on a strengthening dollar, and this […]

Institutions See the $46-48K Range as the Perfect Opportunity to Accumulate More Bitcoin

Bitcoin’s price has been fluctuating between $46,000 and $48,000. Institutions are seeing this drawback as the ideal position needed to accumulate more BTC, as acknowledged by CryptoQuant CEO Ki Young Ju. He explained: “12k BTC flowed out from Coinbase again. Institutions are still accumulating BTC in this range.” He added: “It seems […]

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