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Brazil’s Congress up in Arms Against ‘Flawed’ Cryptocurrency Tax Decree


The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax matters, thereby bypassing the institution’s mandate. Flat Cryptocurrency Tax Decree...

Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real


Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine...

The AI arms race could destroy humanity as we know it


The AI arms race is moving too fast for safety, with companies pushing boundaries and governments lagging. AI-driven dehumanization and the unchecked proliferation of autonomous weapons require responsible leadership before it’s too late

From debanking to a banking arms race—The rise of stablecoins


Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will...

From debanking to a banking arms race—The rise of stablecoins


Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will...

You Should Give The Order: 1886 Another Chance


On August 7, it was announced that Ready at Dawn, the studio behind Facebook’s Oculus VR series Lone Echo, was shut down. It was a tragic, senseless end to a studio with an over 20-year history. Before it was bought by Facebook in 2020, Ready at Dawn primarily worked with PlayStation. It started...

Final Fantasy XIV Players Are Up In Arms Over The Latest Patch


Yesterday, July 30, Final Fantasy XIV received its first big patch since the release of the Dawntrail expansion. While the introduction of the new Savage raids is a source of excitement for the community, the biggest point of contention is the long list of changes the Viper job has received...

The Memecoin Frenzy Has Ignited a Scalability Arms Race


Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...

Bernstein Predicts Crypto Arms Race Among Asset Managers


Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected...

Ripple up in arms against the SEC


A short while back, the SEC came out with a backed alternate report that stated that it stands by its position of believing that Ripple will repeat its misdemeanor, though the company has caused no trouble following the lawsuit against it in 2020. However, Ripple CLO accuses the SEC of being...

South Korean Authorities Slammed for Taking Crypto Regulation ‘Baby Steps’


South Korea’s financial regulators are taking “baby steps” while US counterparts forge ahead with rapid crypto regulation progress, a new report has claimed. Per the South Korean media outlet News Tomato, domestic financial authorities are yet to “properly organize” their crypto arms. The outlet...

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