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The Ukraine invasion shows why we need crypto regulation
Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more than $60 million, according to…
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Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners – Mining…
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate…
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There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society
The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a…
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New York to place a 2-year ban on PoW crypto mines
In a bid to limit the environmental impact caused by Bitcoin mining in the state, the New York State Assembly passed a bill yesterday, placing a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in its…
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Bitcoin is Not a Good Competitor Against Gold
In a recent interview with the Economic Times, billionaire investor and founder of Bridgewater Associates, Ray Dalio, acknowledged the potential of digital assets, especially Bitcoin, emphasizing their impressive…
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NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in all of 2021. According to a report from Chainalysis,…
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Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg…
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California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3 – Regulation…
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up…
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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance.The widespread weakness comes as traders have had more time to digest the recent…
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Kazakhstan Amends Registration Rules for Cryptocurrency Miners – Mining Bitcoin News
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the…
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