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New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market
23.6.2022
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado
Singapore Will Crack Down on Bad Crypto Behavior: Report
23.6.2022
Singapore will be “brutal and unrelentingly hard” on bad behavior in the crypto industry Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said
Russia to Trial Digital Ruble Settlements for Real Estate Deals
23.6.2022
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart...
RBI, Indian Banks to Pilot Blockchain Trade Financing: Report
23.6.2022
The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday
Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
23.6.2022
Unlike exchanges like Coinbase and Gemini, the derivatives platform plans to increase its staff
Cardano Vasil Hard Fork Postponed to Allow for More Testing
23.6.2022
A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted...
LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts
23.6.2022
PRESS RELEASE. Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees...
Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It
23.6.2022
Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor...
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off
23.6.2022
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...
Hester Peirce critiques SEC agenda – more wrong than just crypto policy
23.6.2022
Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday
First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K
23.6.2022
DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...
Market Wrap: Crypto Bounce Loses Steam Amid Retail Sell-Off
22.6.2022
The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable
Sony’s Skipping Gamescom 2022, So Forget About Any God Of War Ragnarök News
22.6.2022
One of the largest video game brands in the world, PlayStation, has confirmed that it will not be a part of the annual Gamescom 2022 trade show, nor will it have any big news or announcements to share during the Opening Night Live event hosted by video game pope, Geoff Keighley. It joins other...
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Ontario Securities Commission Slaps Bybit and KuCoin With Enforcement Actions
22.6.2022
A top Canadian financial regulator has slapped two crypto exchanges, Bybit and KuCoin, with enforcement actions for failing to comply with securities laws in the Canadian province of Ontario
Coinbase Phasing Out ‘Pro’ Exchange for ‘Advanced’ Mode in Main App
22.6.2022
The crypto exchange will “sunset” the standalone app once known as GDAX later this year
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
22.6.2022
An Indian government notification from the tax authorities has clarified key procedural elements of compliance to the new and controversial tax provision, 1% tax deducted at source (TDS), effective July 1, 2022
Catar está en la “etapa inicial” de una CBDC, dice gobernador del banco central
22.6.2022
El dirigente de la autoridad monetaria elogió la "innovación" de los criptoactivos
PlayStation’s Big Summer Sale Is On, And It’s Actually Not Bad
22.6.2022
At this point, it almost seems silly to pay full price for a PlayStation game. Fresh on the heels of one big sale for PlayStation 4 and PlayStation 5, Sony has kicked off another. It’s not as good as last month’s, but it’s not bad, especially for those who’ve been holding off on some of the bigger...