Search
US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners
18.5.2023
On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The bitcoin mining machines will be hosted in data centers situated...
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’
18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...
Harvard Business Review: Alchemy Pay, Crypto Payment Ecosystem Pioneer
17.5.2023
Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web 3.0. The future is unknown, but we have seen some tech companies already exploring and deepening on their tracks, such as Alchemy Pay, mentioned...
Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
17.5.2023
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank...
9 Lessons DeFi Companies Would Be Wise To Learn From CeFi Companies
16.5.2023
While DeFi may be the wave of the future, the industry can still learn smart practices from leading CeFi companies
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
14.5.2023
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature...
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
12.5.2023
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens
Disney War Continues As CEO Punches Back At Florida Gov. DeSantis
11.5.2023
Disney CEO Bob Iger verbally pushed back against Florida Governor Ron DeSantis and his ongoing war against Disney World and the company, pointing out all the taxes his corporation pays the state and rhetorically asking if Florida still wants its business and all the money that entails. Read more
Crypto Custodian Aegis is Offering Free Services to Women-Led Companies
11.5.2023
The company, which is U.S.-qualified through its entity Aegis Trust, is offering six months of free end-to-end custody services for women-led projects to help boost gender parity in crypto
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
11.5.2023
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset...
Why Web2 companies fail in Web3 while others made it
10.5.2023
Web3 is now becoming the norm of this new era and therefore, a flurry of Web2 companies and venture capital firms are investing heavily in Web3 to avoid falling behind.
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
12 factors VCs should focus on when vetting crypto and blockchain companies
9.5.2023
Due diligence when vetting crypto and blockchain companies comprises considering both traditional business factors and unique imperatives
Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’
9.5.2023
Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...
Latam Insights: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating
8.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...
I Played That Racing Game Where Cars Have Legs And Jetpacks
5.5.2023
When I had an Apple Arcade subscription, I played endless amounts of What the Golf? on my phone. It was such a chaotic, joyful puzzle game that it actually annoyed me that Nathan Grayson robbed me of the opportunity to write about it. So I was excited to demo studio Triband’s next game: A racing...
9 tips to help crypto companies choose and succeed with a banking partner
4.5.2023
Before reaching out to a potential banking partner, it’s wise to know both what they can offer and what they’ll expect
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks
2.5.2023
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid pandemic, with the country engaging in a record streak...