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Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
16.6.2021
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over...
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
16.6.2021
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North...
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
15.6.2021
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom
Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
14.6.2021
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank...
Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services
12.6.2021
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said....
Bill banning crypto mining for 3 years dies in NY state assembly
11.6.2021
The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo
Texas regulator allows state-chartered banks to hold Bitcoin
11.6.2021
The Texas House of Representatives passed a bill to recognize cryptocurrencies under commercial law last month
Multi-trillion asset manager State Street launches digital currency division
11.6.2021
The second-oldest continuously operating U.S. bank, State Street, has launched a new division dedicated to cryptocurrency and digital assets
Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal
11.6.2021
On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot...
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
11.6.2021
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi...
US Inflation Accelerates, State Street Launches Crypto Division + More News
10.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Economics news
The US economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices...
Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
7.6.2021
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more...
G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year
6.6.2021
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for...
Support Palestine With This Massive Game Bundle
5.6.2021
A new game bundle on itch.io is raising funds for the people of Palestine, who despite a recent ceasefire between Israel and Gaza continue to live as second-class citizens in their own homeland.Read more
European Union to Release Digital Wallet for Payments Next Year
3.6.2021
The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with...
Serverless Functions: The Secret to Ultra-Productive Front-End Teams
31.5.2021
Modern apps place high demands on front-end developers. Web apps require complex functionality, and the lion’s share of that work is falling to front-end devs:
building modern, accessible user interfaces
creating interactive elements and complex animations
managing complex application...
ADAX, State-of-the-Art Decentralized Exchange Protocol on Cardano!
31.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
We are excited to introduce ADAX, a new DeFi protocol based on the Cardano network to revolutionize transactions. The weaknesses of the current proof-of-work (PoW) consensus design of the Ethereum main-net are...
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Taproot, CoinSwap, Mercury Wallet, and the State of Bitcoin Privacy in 2021
30.5.2021
Privacy is a bit of a complicated topic in Bitcoin (BTC). While the mainstream media have often referred to the cryptoasset as a form of anonymous currency for the internet, the reality is that every Bitcoin transaction made on the base blockchain layer is completely public and stored on thousands...
Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies
29.5.2021
The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent...