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Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
5.5.2023
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
5.5.2023
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries...
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
5.5.2023
After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
Chainlink & Stacks lags; experts believe DigiToads will secure a 2000% profit spike in 2023
5.5.2023
Chainlink (LINK) and Stacks (STX) have been one of the best coins available in the crypto world. Despite an amazing performance in the past, the market trends are changing quickly. While Altcoins and stable coins were the only go-to options for investors in the past—this has changed. Interestingly...
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
5.5.2023
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
5.5.2023
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
5.5.2023
Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share
The Need for Clarity in Washington – Not Just on Crypto
5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
5.5.2023
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
Alibaba Says ‘Open Sesame’ to Web3
5.5.2023
The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform
The Next Big Web3 Trend Wasn't on Stage at Consensus
5.5.2023
If you want to know what's coming next in this industry, you need to listen to people still on the sidelines, says Leah Callon-Butler
Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says
5.5.2023
The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership
Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week
5.5.2023
As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme...
Here's 13 More Exciting, Cozy Games Coming Out In 2023
5.5.2023
Even though we’re already almost halfway through the year, there are still a ton of cozy games to come in 2023. And while we just told you about a bunch of them, that list was just scratching the surface, and there are so many more excitingly cozy games coming this year that deserve your...
Emerging tech to create “new ethics” for humankind: MEWS 2023
5.5.2023
Dr. Stephen Castell commented that emerging technologies like blockchain, the metaverse and AI will usher in a new set of ethics and human species
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
New York Attorney General Seeks New Crypto Powers for State Regulators: Report
5.5.2023
The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo