Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy. Go to Source Powered by WPeMatico
Cryptocurrencies
Auto Added by WPeMatico
Hong Kong working on investor protection regulations, says central bank exec
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion. Go to Source Powered by WPeMatico
P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi’s future among market dynamics, cyberattacks and regulatory uncertainty. Go to Source Powered by WPeMatico
Former FTX CEO Sam Bankman-Fried denies “improper use” of customer funds
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.” Go to Source Powered by WPeMatico
Fantom wants to cut token burn rate by 75% to fund dApp rewards program
“Fantom will become the youtube/twitch of blockchain platforms,” commented ecosystem architect Andre Cronje. Go to Source Powered by WPeMatico
Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022. Go to Source Powered by WPeMatico
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Go to Source Powered by WPeMatico
Solana-based market maker integrates Stripe for fiat-crypto transactions
The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp. Go to Source Powered by WPeMatico
Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse
In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket. On Nov. 30, the 44-year-old Didi Taihuttu told CNBC that after storing crypto … Read more
Russia’s Sber bank integrates Metamask into its blockchain platform
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain. Go to Source Powered by WPeMatico