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UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources


As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.S. financial system, the Financial Stability Oversight...

Argentinians Are Now Using P2P Markets to Multiply Their Savings


Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers....

Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club


Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further...

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature


Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...

El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City


The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele...

Don’t Fight the Cascade, Control It!


If you’re disciplined and make use of the inheritance that the CSS cascade provides, you’ll end up writing less CSS. But because our styles often comes from all kinds of sources — and can be a pain to structure and … Don’t Fight the Cascade, Control It! originally published...

Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey


The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for...

Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity


Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...

El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’


President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from...

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