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Academic Says Bukele’s Bitcoin Mining Test Is ‘Bad Business’
4.10.2021
osto-energia-electrica/885523/2021/">Per El Diario de Hoy, Carlos Martínez, a professor of Electrical Engineering at the University of El Salvador (UES), claimed that in four days of mining so far, the state has managed to mine a total of BTC 0.00599179 (USD 269 at the time). The professor added
El Salvador Gov’t to Mitigate Against Fuel Price Crisis – Using its Bitcoin App
30.9.2021
rators had negotiated a deal with two fuel distribution companies, meaning that Chivo users could receive a discount worth USD 0.20 per gallon at petrol stations across the nation.Bukele wrote that the “state-owned company Chivo” had “negotiated with the largest gas station companies in the c
Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’
29.9.2021
rel="noopener noreferrer" href="https://www.cftc.gov/PressRoom/PressReleases/8433-21">issued “an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken […] for illegally offering margined retail commodity transactions in digital assets,” including
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts
24.9.2021
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed...
Brace For 'Really Volatile' 6-12 Months in Crypto Regulatory Sphere - Novogratz
23.9.2021
ent regulatory crackdown on the crypto industry in the US in particular. He opined that any suggestion that Gary Gensler does not know what he is doing is simply wrong.“Gary [Gensler] is smart, there is absolutely no doubt about it,” Novogratz said, before he went on to state that
Steam: the state of 'long tail' revenue in 2021!
22.9.2021
The first results from our 2021 Steam dev survey
South Africa Ransomware Attack: Justice Department Denies Receiving 50 BTC Ransom Demand
22.9.2021
South Africa’s Department of Justice and Constitutional Development (DOJCD) has denied claims that it has received a 50 bitcoin ransom demand from hackers that attacked its systems on September 6, 2021. Reports of Ransom Demand Deemed ‘Completely Untrue’ Instead, the DOJCD...
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
21.9.2021
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being...
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
20.9.2021
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S....
Indians opt for state-run blockchain platform amid bulk SMS regulations
20.9.2021
India’s SMS regulation requires businesses to comply with pre-registered messaging templates to counter spam and fraud
California named ‘most crypto ready’ US state
18.9.2021
Measures such as Google searches, Bitcoin ATM installations and the number of crypto-focused bills were used to tabulate the crypto-ready index
Securities Watchdogs File Orders Against Crypto Lender Celsius
18.9.2021
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing...
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Russian Blockchain Experts Are Offered Almost x5 the National Average Salary
14.9.2021
ww.reuters.com/article/russia-economy-gdp/russian-economy-grows-10-5-y-y-in-q2-its-strongest-leap-since-2000-idUSR4N2PJ028">reported, the Federal State Statistics Service (Rosstat) released quarterly data showing that the Russian economy had actually grown by a staggering 10.5% year-on-year for
The PS5 Is Getting A Major Update
14.9.2021
The PS5 is getting a slew of new features in a massive software update set to go live around the world on September 15, Sony announced in a PlayStation blog post today.Read more
Law Decoded: Hodling like a state
13.9.2021
El Salvador's effects, Coinbase's woes, and the digital euro's prospects
Uh... Jake From State Farm Is In NBA 2K22
11.9.2021
NBA 2K22 was released yesterday across PS5, PS4, Xbox Series X/S, and Xbox One. Like previous NBA 2K games, 2K22 features The City, a large online open-world mode that lets players walk around, play basketball, shop in stores, and uh... I guess hang out with Jake from State Farm.Read more
More than a law: Texas takes steps to amend Bitcoin into state constitution
10.9.2021
Texas aims to catch up with other crypto-friendly states and then some, but commentators say that amending a state constitution won’t happen immediately
Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In
10.9.2021
The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up...
Georgia on my mine: Bitmain brings 56K Bitcoin miners to the state
9.9.2021
The $62 million deal is expected to generate $10 million in monthly revenue for ISW Holdings