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Argo May Bitcoin Output Drops 25% From April Amid Teething Problems at Texas Facility
7.6.2022
Argo Blockchain, the only London Stock Exchange-listed bitcoin miner, produced 124 bitcoin or bitcoin equivalents in May, 25% fewer than the 166 mined in April
DeFi isn’t dead, it just needs to fix these 3 critical problems
31.5.2022
It’s been a rough year for DeFi, and it may not get any better until projects focus more on security, regulation and usability
Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...
Dubai Couple Ties the Knot in the Metaverse
20.5.2022
A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well....
Xbox Network Had A Rough Weekend
9.5.2022
If Xbox Live was Microsoft’s online gaming service at the height of its powers, then this past weekend was Xbox Dead. For more than 36 hours in mid May, Xbox players had trouble connecting to the Xbox network. In some cases, players say they couldn’t even play single-player games offline that they...
Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’
22.4.2022
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask...
A Small Survey Shows that US Crypto Investors Have Big Problems with Taxes
7.4.2022
Amid the looming April 18 tax filing deadline in the US, as much as 96% of surveyed crypto investors had not filed their tax returns as of March 27, and 74% want more information on how to file taxes from their crypto exchanges, according to a small survey commissioned by crypto portfolio...
More Problems Building up for Iris-Scanning Crypto Firm Worldcoin
6.4.2022
The eyeball-scanning crypto startup Worldcoin has been hit with another setback – with a report alleging user anger with the company, and some accusing its architects of being “thieves.”
As reported recently, Worldcoin has decided to halt its operations in some seven countries after logistical...
Abkhazia Extends Crypto Mining Ban Till End of Year
6.4.2022
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...
ARTIC Brings the Decentralized Approach to Art Galleries and Exhibitions via Its Meta-Exhibitions
1.4.2022
PRESS RELEASE. The ARTIC team is made up of highly skilled IT engineers, art consultants, designers, and various other professionals with an average of more than 20 years of experience in their respective disciplines. The ARTIC team intends to use blockchain technology to tackle contemporary...
Crypto Biz: Proof of integrity? Gold industry wants blockchain to solve its biggest problems, March 25–31, 2022
1.4.2022
Blockchain technology is coming to the aid of another legacy financial industry. Meanwhile, the race to accumulate Bitcoin continues to heat up
Jamaica’s central bank digital currency and the problems it hopes to solve
25.3.2022
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation
Kenyans Lose Millions of Dollars to yet Another Cryptocurrency Scam: Bitstream Circle
20.3.2022
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making withdrawals....
President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’
17.3.2022
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
4.3.2022
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking...
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
23.2.2022
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions
Tackling Ethereum Problems at ETHDenver
23.2.2022
Developers gathered in Denver to discuss all things Ethereum: staking, DAOs and decentralized finance (DeFi)
Airdrops: Building communities or building problems?
18.2.2022
Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues
14.2.2022
Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally...
Sifu's Early Access Release On PlayStation Is Kind Of A Mess
6.2.2022
Sifu is out today for folks who pre-ordered the game’s Digital Deluxe Edition, which comes with a few bonuses including 48-hour early access. However, loads of people on PlayStation have reported issues with downloading and installing the early access version of the game, prompting devs SloClap...