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Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized,

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Cardano Reports Massive Performance Improvements for ADA Open-Source Wallet

Cardano Reports Massive Performance Improvements for ADA Open-Source Wallet

Cardano’s parent company announced the release of a new version of Daedalus Cardano Founder Charles Hoskinson highlights massive performance improvements for Cardano's open-source wallet Daedalus. IOHK, Cardano's parent company, has announced the release of a

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Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in

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Ripple Lawsuit Might Be Exciting in Following Months, Says Jeremy Hogan; Here’s Why

Ripple Lawsuit Might Be Exciting in Following Months, Says Jeremy Hogan; Here’s Why

Jeremy Hogan says the next few months could be interesting for the Ripple lawsuit, here’s why Attorney Jeremy Hogan believes the next couple of months might be interesting in the ongoing Ripple-SEC lawsuit, with all

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60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’

60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’

Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians sign petition urging government to rethink

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This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster

This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster

The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The

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US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure

US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure

U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US lawmaker

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Meta’s Metaverse Division Reality Labs Reports More Than $10B Loss for 2021

Meta’s Metaverse Division Reality Labs Reports More Than $10B Loss for 2021

Meta posted its financial results for Q4 2021, and the data shows that its metaverse division Reality Labs racked up $10 billion in losses in 2021. The company is still strongly focused on the metaverse,

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The Rising Standards of DeFi Amidst A Bear Market

The Rising Standards of DeFi Amidst A Bear Market

It’s no longer enough for DeFi initiatives to simply hand out tokens to attract investors. As DeFi is not just a fringe of financial interactions, the standards for projects in the space are rising.  The recent market downturn is

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Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’

Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’

The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of

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