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President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill


The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again...

Bitcoin Mining Difficulty Nears All-Time High Amid Dropping Profitability


Today, Bitcoin (BTC) mining difficulty, or the measure of how hard it is to compete for mining rewards, jumped the most since January this year, nearing its all-time high and cutting into the profit margins of miners at the time when their business profitability is declining.... Read More: Bitcoin...

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