Month: January 2023

The Future Of DeFi In 2023 And Beyond

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Crypto and DeFi have become much more common and mainstream than just a couple of years ago, reaching broad aspects of finance and commerce and even being recognized as governmental currency in El Salvador. And those trends will only accelerate in the coming years. DeFi stands for Decentralized Finance and is stored on an electronic … Read more

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

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Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay. … Read more

Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round

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PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first NFT project to utilize … Read more

Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal

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The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB) … Read more