Crypto Hot News.

Crypto usually remains as hot talk on social networks due to its popularity, financial involvement and regulatory disputes. Even newspapers , digital media and Hard talk shows giving him priority and making head lines.

The Hot news of the day,

1-Binance announced Cloud mining of Bitcoin.

Cloud mining is often seen as a more accessible way for individuals to participate in the Bitcoin mining process, as it does not require the purchase of expensive mining equipment. However, it is important to note that cloud mining can be a risky investment, as the profitability of mining depends on a number of factors, including the cost of electricity, the network hash rate, and the price of Bitcoin.

Binance announced yesterday that they are permitting users for subscription-based could mining to Bitcoin. Users who are interested in Bitcoin mining but lacking in funds to buy the necessary equipments can get benefits l from Binance’s cloud mining services.

The period for mining is around six months with hashrate of 1TH/S. Users will get subscription for almost $10 and will be able to accumulate 0.0004338 BTC by mining.

Experts of crypto and leading analytics like Cointelegraph marking this move of Binance as counter attack against SEC lawsuit.

2-Binance Vs SEC.

We all know what happened in previous weeks between SEC and crypto exchanges like Binance and Coinbase. Binance announced that they are going to face all allegations in court.

Binance made a deed with George Canellos , Former high ranked official of SEC, to be in his legal advisory board. Canellos says in his recent tweet that we are preparing best possible criminal prosecution with proofs and evidence against allegations

3-Crypto lover in presidential race.

Francis Suarez is famous crypto pro personality in USA and holding the chair of Miami Mayor currently. He is great advocate of crypto and he is the one who soften the regulations for store value within the Miami State.

Source

Francis Suarez submitted his nomination form for upcoming elections of president. USA presidency elections will held in 2024 and lot of candidates are in field. Francis filed the signed papers to concerned office by showing his commitment towards presidential race.

Note : The article also published here.

That's all for today. like, upvote and leave comment for feedback.

Cheers

Amjad.

Lead image: Pixabay (modified)