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Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Ethereum's high gas fee crisis won't be solved by EIP-1559: Coin Metrics report
24.3.2021
Consistently full blocks are the primary reason that gas prices have reached all-time highs
Global Chip Shortage, Affecting Everything From PS5s To Graphics Cards, Is Becoming A "Crisis"
23.3.2021
While anyone reading this will know it has been hard finding a PS5 lately, loads of other markets are experiencing shortages as well, thanks to a global “crisis” affecting the supply of semiconductor chips to, well, anything that uses them. And that’s a lot of stuff.Read more
Final Fantasy VII: Ever Crisis Will Have Loot Boxes
18.3.2021
Final Fantasy VII Ever Crisis, the mobile compilation aiming to bring all of the Final Fantasy VII extended universe’s stories together in one place, will have loot boxes, creative director Tetsuya Nomura confirmed yesterday in a new interview with Famitsu.Read more
A Debt-Fuelled Economic Crisis & Bitcoin: What to Expect?
7.3.2021
It’s hard to shake the fact that bitcoin (BTC)’s ascent from one fresh all-time high to another in recent months has taken place amid a backdrop of a struggling global economy. The United States’ GDP infamously tanked by a record 32.9% in Q2 2020 and fell by 3.5% across 2020 as a whole, while...
Moving beyond the crisis narrative: Crypto in a post-pandemic world
27.2.2021
Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next
‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin
22.2.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis. Expecting more massive stimulus from the government, he said to “prepare for inflation.” Michael Burry Shares...
Think Stablecoins Are Solid? Remember the Financial Crisis
8.2.2021
USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful
BTC bounceback, ETH’s ‘legit crisis,’ Elon Musk’s DOGE stunt: Hodler’s Digest, Jan. 31–Feb. 6
6.2.2021
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
27.1.2021
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency...
Crypto Long & Short: No, Bitcoin Was Not a Response to the Financial Crisis
24.1.2021
In spite of the timing, bitcoin wasn't created as a result of the 2008 crisis – and this misunderstanding matters
Former Canadian Prime Minister Mentions Bitcoin Alongside Gold as Alternative Reserve Currencies
20.1.2021
Former Canadian prime minister Stephen Harper has mentioned bitcoin alongside gold as assets that can possibly act as alternative reserve currencies. However, the former premier still argues that despite the growing questions about the dollar’s reserve status, he does not see any real...
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
14.1.2021
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said...
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
8.1.2021
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...
The Climate Crisis Will Be Steroids for Fascism
7.1.2021
The Capitol has a police force with a $500 million budget, and yet it failed at its one job on Wednesday. Members of Congress, among the most protected people on the planet, were forced to hide in undisclosed locations as violent extremists overran the Capitol.Read more
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
2.1.2021
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts...
Power-starved Abkhazians Face Internet Restrictions in Crypto Mining Crisis
31.12.2020
After months of power shortages leading to blackouts, brownouts, planned multi-hour electricity shutdowns and a blazing inferno at a power substation, citizens in Abkhazia are now set to be restricted in their internet activities as the government wages a confused war against crypto mining.
After...
'Bitcoin liquidity crisis' — BTC is becoming harder to buy on exchanges, data shows
30.12.2020
Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher
Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis
29.12.2020
A municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact. Spain’s Sevilla Municipality Launches ‘Elio’...