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Power Deficit Forces Crypto Miners to Leave Kazakhstan
29.12.2021
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy...
Korean government tells Apple and Google stores to take down P2E games
29.12.2021
The Games Committee has strengthened its stance against P2E games by saying those games should not receive an age rating needed to get listed on app marketplaces
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
Omicron Fear Affects Outlook as the Dollar Is Down
23.12.2021
In Asia, the dollar traded lower as investors’ risk appetite was piqued by optimism about the global economic prospects. The constant spread of the omicron COVID-19 variation is a source of concern. Risk sentiment has rebounded since the scare of omicron’s spread and the resulting...
Increase Your Reach
22.12.2021
NGL, I was a little overwhelmed when I sat down to write this article. There are so many things that immediately flooded my mind—take out any extra divs; use links for URLs, use buttons for events and actions; use …
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
22.12.2021
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border...
Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles
20.12.2021
The price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by...
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Kickstarter Announces Blockchain Future, Doubles Down After Users Say 'No Thank You'
17.12.2021
Last week, Kickstarter made a rather terrible announcement: the crowd-funding platform would be switching its services to the blockchain, somewhere it absolutely does not need to go, but feels compelled to anyway by the lure of...something. Probably money.Read more
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
16.12.2021
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests....
Bungie's HR Head Steps Down, Had Reported Executive For Abuse
16.12.2021
A week after a major report from IGN detailing troubling allegations of workplace culture, crunch, and hiring practices within Bungie, the studio’s Head of HR has stepped down from her role.Read more
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
16.12.2021
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and...
New Delhi Ready to Back Down on Crypto Regulation, Claims Anonymous Gov’t Source
15.12.2021
It’s a case of another day, another twist in the seemingly endless saga of India’s crypto legislation. And this time the protagonists in the saga, the nameless sources leaking information to the domestic press, are claiming that the cabinet is not on the verge of doing anything with crypto after...
Binance Shutting Down Crypto Exchange Services in Singapore
14.12.2021
Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users...
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That Role’
14.12.2021
A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance...
Why would a business push a native app over a website?
10.12.2021
I wanted to write down what I think the reasons are here in December of 2021 so that we might revisit it from time to time in the future and see if these reasons are still relevant. I’m a web …
ECB Should Learn From Florida, Solana's Opera, IOTA Assembles USD 100M, Gemini Down + More News
10.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: ECB Should Learn From Florida, Solana's Opera, IOTA Assembles USD 100M, Gemini Down + More News
Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services
8.12.2021
Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization.
Some commenters have questioned whether a decentralized...
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
8.12.2021
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
In an announcement, the payment network acknowledged that "digital currencies are taking greater...