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Bit Digital Partners With BitMine to Host 7K ASIC Miners
5.4.2022
BitMine will store the machines in immersion coolers for greater efficiency
EU Consultation Looks at Digital Euro Issues
5.4.2022
The Brussels executive got the ball rolling Tuesday on the legislation needed to issue a CBDC
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
5.4.2022
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million...
Digital Finance and DeFi Tokens: Invest in Solana, Aquasis Protocol, and Quitriam Finance
5.4.2022
In the crypto world, the notion of Decentralised Finance (DeFi) is used to describe the sub-sector of crypto that is revolutionizing the internet-native financial system by using Blockchains to replace traditional intermediaries (i.e., Banks). Crypto Investors are strongly convinced this is...
FTX US to invest in IEX stock exchange to launch digital securities
5.4.2022
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC...
China’s Central Bank Adds More Digital Yuan Pilot Cities
5.4.2022
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank...
Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues
5.4.2022
The planned merger has been canceled but the two companies still have a good working relationship, aiming for carbon-neutrality in their mining operations
More than three-quarters of central banks considering a CBDC: research
5.4.2022
The report by PwC shows that 80% of central banks are considering or have already launched a CBDC
Official Formula 1 'Ethereum NFT Game' Shuts Down
5.4.2022
F1 Delta Time, an official NFT and crypto-powered racing game that launched back in 2019, closed its doors last month, leaving everyone who had spent money and invested in the project probably wishing they had done something else with their time.Read more
Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
5.4.2022
The companies agreed to terminate their agreement, which was first announced last June
Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active
5.4.2022
Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel...
Monkey Island Returns With A New Game From Original Creators Later This Year
4.4.2022
Monkey Island, the iconic point-and-click adventure series developed by genre heavyweights Ron Gilbert, David Grossman, and Tim Schafer, is coming back to life in 2022 with Return to Monkey Island. Better yet, Gilbert and Grossman are in charge once again, ending a 30-year absence from...
Digital Euro Will Have Privacy Safeguards, European Finance Ministers Say
4.4.2022
Ministers are discussing policy options for the central bank digital currency though no formal decision to issue one has been taken
Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
4.4.2022
Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
3.4.2022
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences....
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....
Recent Poll Suggests 21% of Americans Have Dabbled in Crypto
3.4.2022
A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto...
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
2.4.2022
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information...