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UBS Expects US Dollar Dominance to Persist for ‘Years to Come’


Swiss investment banking giant UBS expects the U.S. dollar’s reign to live on. “We firmly believe we will be living in a U.S. dollar-centric world for years to come,” the bank’s executive said, adding that there will be some room for competitors. UBS on US Dollar’s Dominance...

The Witcher Book Series Is Getting A New Addition 10 Years Later


The author of The Witcher books, which inspired both the CD Projekt Red game series and the Netflix show of the same name, confirmed that he’s working on a new addition to the novels that tell the story of Geralt of Rivia, Cirilla of Cintria, and Yennefer of Vengerberg. It’ll be the first...

Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance


The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...

UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms


Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....

Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy


On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have been spent, resulting in the transfer of...

Nevada Woman Sentenced to 5 Years for Trying to Hire Hitman with Bitcoin


A Nevada woman has been sentenced to five years in prison for attempting to hire a hitman using Bitcoin (BTC) to kill her ex-husband.  Kristy Lynn Felkins, the 38-year-old resident of Fallon, Nevada, pleaded guilty in March to a murder-for-hire charge as part of a deal with federal prosecutors...

Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis


In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to...

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