News Snapshot:
Cryptocurrencies dropped by 10% on Monday after China pulled the plug on mining operations in one of the main regions in the country that acted as a source for crypto mining. Bitcoin, the largest cryptocurrency, has hit a roadblock in China due to the country cracking down on Bitcoin Mining. After years of extensive bitcoin mining in the region, China has decided to shut down Bitcoin's trading and mining operations. For those unaware, bitcoin mining is creating a new bitcoin by solving complex computational puzzles that require a lot of power. That is why mining is possible only through high-powered...
