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Brian Evans
23 May 2022, 23:20
Nearly half of US cryptocurrency investors last year had six-figure incomes, the Federal Reserve says in a new reportNearly half of US cryptocurrency investors last year had six-figure incomes, the Federal Reserve says in a new report

Nearly half of US cryptocurrency investors last year had six-figure incomes, the Federal Reserve says in a new report

The Fed's Economic Well-Being of US Households report also found that 29% of crypto investors had an annual income of $50,000 or less.
Binance touted Terra lending as 'safe and happy' just weeks before the stablecoin collapse
Brian Evans
23 May 2022, 21:29

Binance touted Terra lending as 'safe and happy' just weeks before the stablecoin collapse

Binance told investors on April 6 lending their Terra tokens was a "safe and happy investment." The crypto exchange's scheme was only weeks prior to the stablecoin collapse.
Bitcoin mining: Despite the crackdown, China is back as the second-largest miner
Business Insider India
23 May 2022, 14:45

Bitcoin mining: Despite the crackdown, China is back as the second-largest miner

China’s commitment to preventing Bitcoin miners from running operations in the country seems to be wavering. In an update to the Cambridge Bitcoin Electricity Consumption Index (CBECI), the institution shows that the country’s contribution to global Bitcoin mining computing power crossed 20% in January this year.
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