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Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues…
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax…
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Bitcoin Is on a “Poor Investment,” Says ECB
European Central Bank has launched an unprecedented critique of Bitcoin in an article on its website. Ulrich Bindseil and Jürgen Schaff, both of the ECB Market Infrastructure and Payments Division, highlighted the failure of Bitcoin…
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Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity…
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Game7 Launches $100 Million Grants Program to Push Web3 Gaming Development – Blockchain Bitcoin News
Game7, a blockchain gaming-focused DAO (decentralized autonomous organization) has announced the launch of a $100 million grants program. The objective of this grants program is to support the Web3 gaming community in these times of…
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Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29
In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into the top three finalists for Oxford Word of the Year. Check out…
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LBRY says it ‘will likely be dead’ following SEC loss
The firm behind the decentralized content platform LBRY said its days are likely numbered following its recent loss against the United States Securities and Exchange Commission (SEC) in court.It is specifically LBRY Inc that must die,…
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Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes
Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution.
As is typical, Bitcoin’s price was affected by his comments,…
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Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run…
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying…
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The creator of the FTSE100 launches indices for crypto
FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, according to a press release released via its website on Nov. 29. The series has been produced in cooperation with…
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Serum exchange rendered ‘defunct’ following the collapse of Alameda and FTX
Solana-based decentralized exchange (DEX) Project Serum has notified its community that the collapse of its backers — Alameda and FTX — has rendered it “defunct”. The team behind the project shared that “there is hope” in spite of its…
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