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Paybis Rolls Out Instant Bank Payments Globally, Cuts Fees to 0.99%


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Press Release: Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients. 7th July 2021, Edinburgh, Scotland - Global...

Pillar V2, First Community-Run Multichain Wallet Cuts Gas Fees by 99%


Disclaimer: The text below is a press release that was not written by Cryptonews.com. 28th June 2021, London, United Kingdom - The second iteration of Pillar’s flagship crypto wallet is launching in a period of stellar growth for the wider cryptocurrency industry as crypto assets across the board...

Hungary to Cut Tax on Crypto Profits in Half, Down to 15%


The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners


Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...

Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half


Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half. Bitfarms, which provides computing power to cryptocurrency networks such...

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