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Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%


Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...

Moonbeam Foundation gets a new Kusama parachain lease


The Moonbeam Foundation has happened to have successfully managed to get itself another Kusama parachain lease. This, in turn, will provide Moonriver the opportunity to carry on its functions in the role of a parachain without any hitches. This goes to the credit of Moonbeam Foundation. It was...

Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal


The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...

Arizona Senator Launches Bill to Make Bitcoin Legal Tender


A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said. Arizona Lawmaker Wants...

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit


Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...

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