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Russia Expands Its Crypto Mining Capacity, Report Reveals
5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...
Uzbekistan Collects Over $300,000 From Crypto Sector
4.2.2023
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
3.2.2023
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will...
Why Crypto Is Not an 'Industry'
3.2.2023
What term should we use to describe the collective of individuals and projects working to further the use cases of blockchain technology? Are we an industry, a sector or something else? Noelle Acheson explains why this matters more than we might realize
Foxify Announce Partnership with Tyson Fury
3.2.2023
PRESS RELEASE. Foxify have just confirmed a brand partnership with Tyson Fury in an industry leading move. It comes following the hype of the brand reveal in January. The two-time world heavyweight champion is undefeated, with a legion of fans that follow his extraordinary career. What is Foxify?...
Ebay Expands Into NFT and Web3 Space With New Job Openings
3.2.2023
The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June...
UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
2.2.2023
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules
State of play: Decentralized domain services reflect on industry progress
2.2.2023
Major decentralized domain services weigh in on the state of the industry and the potential for future growth
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
1.2.2023
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like...
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
Read More: Rally Crypto Firm Pulls the Plug on...
UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
31.1.2023
The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes
Here’s how to prevent NFT theft, according to industry professionals
31.1.2023
Professionals working in the Web3 space highlighted various tools and best practices to protect NFTs from hackers and scammers
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
31.1.2023
It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January
Credit cards can bridge Web2 to Web3, says music industry exec
30.1.2023
As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical
Philippines securities regulator seeks more authority to police the crypto industry
30.1.2023
The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology
US Senator’s Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency
30.1.2023
A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those who visit Capitol Hill.” US Senator...
US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action
30.1.2023
U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up...
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
29.1.2023
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With...
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...
Here's how the World Economic Forum leaps into the metaverse —Davos 2023
27.1.2023
Industry insiders highlight World Economic Forum workshops on the metaverse focusing on user privacy, asset protection and regulation