Sat, February 1

Bitcoin’s Market Cap Might Hit $200 Trillion by 2032

The 2009 Bitcoin prediction of Hal Finney, popularly Bitcoin’s first recipient, is now re-asserted by Adam Back, Founder and CEO of Blockstream, on Twitter. As per his prediction in the tweet thread, in the next 9 years, the price of one Bitcoin (BTC) might ramp up to $10 million. early

February 13, 2023 2 mins read

Abkhazia Authorities Crackdown on Illicit Crypto Mining Operations

Ministry of Internal Affairs of the partially recognized republic in northeastern Georgia said in a news release that police in Abkhazia are conducting daily searches to detect mining operations. That have been illegally linked to the power grid and examine previously shut down crypto farms. To prevent the import of

February 12, 2023 1 min read

IMF Calls For Addressing of Risks Post Assessment of El Salvador

The International Monetary Fund (IMF) issued a final report on the economy of El Salvador on February 10, 2023. From January 30th to February 8th, the IMF conducted an Article IV consultation with the government of El Salvador. The IMF warns that “risks should be addressed” as it relates to

February 12, 2023 1 min read

South Korea Imposes Sanctions on North Korean Groups Over Crypto Thefts

To counter cryptocurrency theft and cyberattacks from North Korea, South Korea has declared its first set of unilateral restrictions. As reported by the Seoul Ministry of Foreign Affairs. Four North Korean people and seven firms have been blacklisted for their suspected participation in cyberattacks and crypto theft. Notable people including

February 12, 2023 1 min read

Brazil’s Banco do Brasil Now Allows Tax Payments in Crypto

To make paying taxes easier, a prominent Brazilian bank is now accepting cryptocurrency payments. Banco do Brasil, a major Brazilian financial institution said in a press release on February 11 that it has partnered with Bitfy. The latter is a cryptocurrency exchange established in Brazil. The duo plan to make

February 12, 2023 1 min read

Miners in Kazakhstan Need To Sell 75% of Revenue Via Official Exchanges  

One of the largest Bitcoin mining places in the world, Kazakhstan, has revealed intentions to impose new crypto legislation. In an effort to curb tax evasion and unsavory business practices. Kazakhstan President Kassym-Jomart Tokayev reaffirmed the country’s position on February 6. By signing new legislation prohibiting the illegal mining of

February 11, 2023 1 min read

Robert Kiyosaki Warns of Imminent Global Market Meltdown

Robert Kiyosaki, the financial guru and writer behind the bestseller “Rich Dad Poor Dad,” recently tweeted a warning about a potential market meltdown. He also encouraged his audience to make use of the assets that he has been particularly outspoken about over the last several years. The New York Times

February 11, 2023 1 min read

Microsoft Co-founder Bill Gates Praises OpenAI’s ChatGPT

Ever since its release in the fourth quarter of 2022, OpenAI’s ChatGPT has been a hit with its users. In reality, it has facilitated the lives of its users by aiding in the completion of formerly laborious chores such as the creation of in-depth essays and the resolution of many

February 11, 2023 1 min read

Bitcoin Exchange LocalBitcoins Ends Its 10-Year-Long Bitcoin Haul

Finland-based LocalBitcoins, one of the longest-running Bitcoin exchanges, declared the permanent shutdown of its operations in the crypto market on Monday. LocalBitcoins is going to cease its 10-year-long Bitcoin trading service due to its inability to withstand and overcome the challenges of this crypto-winter.  LocalBitcoins announced: “We are sad to

February 10, 2023 2 mins read

CEO of Prominent Crypto Mining Firm Argo Blockchain Resigns

Peter Wall, CEO of Argo Blockchain, a prominent crypto miner, has resigned. Alex Appleton, the business’s CFO, left the company a little over a week ago. As stated in an official release, Peter Wall will be leaving his position as CEO of Argo Blockchain after three years of service. He

February 10, 2023 1 min read
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