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Crypto Miners Blamed for Abkhazia Power Outages


Major power blackouts in Abkhazia have been blamed on illegal crypto miners, marking a fresh setback for the region. News headlines have been dominated by bitcoin (BTC) and altcoin mining in recent years in the de facto Caucasus-based state. Abkhazia sits in the northwestern corner of Georgia...

Germany’s 2022 Inflation Rate the Worst in More Than 30 Years


In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped...

Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?


Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions


2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on...

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