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NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms
1.12.2022
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross
NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs
1.12.2022
The New York Department of Financial Services (NYDFS) published a proposed regulation on Thursday that lays out how the state regulator would assess New York-regulated crypto companies for costs associated with their supervision
Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
25.11.2022
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve papers on Cobra as he sought a declaration of his ownership of the copyright to the Bitcoin white paper
1inch seeks to optimize gas costs with its new v5 router
15.11.2022
The new router features a number of updates, including an improved smart contract error processing system
Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025
15.11.2022
Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses...
Bitcoin Miner Cathedra Slashes Payroll Costs by Two-Thirds With Job, Salary Cuts
14.11.2022
The mining firm is cutting down costs amid the market downturn
Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has no Debt Costs on Equipment
7.11.2022
Canadian Bitcoin miner HIVE Blockchain currently holds 3,311 bitcoin worth $68.8 million, according to a production report released Monday
Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs
2.11.2022
The machines are owned owned by special purpose vehicles that aren't guaranteed by the parent company
Indian Central Bank RBI Begins First Digital Rupee Pilot Today
1.11.2022
India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or...
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
30.10.2022
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct. 28. Meanwhile, markets expect with near-certainty that the Federal Reserve will codify its fourth...
Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated
26.10.2022
Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
25.10.2022
Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners
Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners
21.10.2022
The third quarter of 2022 has not been any kinder to Bitcoin mining operators in North America and Europe
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
14.10.2022
Stronghold, which is currently restructuring its debt, can save up to $27.6 million in the next two years by ending its partnership with Northern Data
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
11.10.2022
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower...
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
10.10.2022
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report
Blockchain Data Provider Chainlink Launches Programs to Reduce Costs Ahead of Staking of Its Token
28.9.2022
The popular blockchain oracle network’s new “Build” and “Scale” programs set the stage for the LINK token staking to begin in December 2022, said cofounder Sergey Nazarov
Frankfurt’s Euro Sculpture Is Saved by New Sponsor CAIZ Development
28.9.2022
PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels...
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
13.9.2022
Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22
3.9.2022
While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW)...