Tue, July 22

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

Cloud Mining Firm Bitfufu Delays SPAC Deal Yet Again

According to a statement released on February 7th, Bitfufu, one of Bitmain’s cryptocurrency enterprises, has delayed its ambitions to go public through a special-purpose acquisition company (SPAC) for a second time. With a pro forma enterprise value of almost $1.5 billion, the company was expected to go public in the

February 9, 2023 1 min read

Twitter Officially Launches 4,000-Character Long Tweets

It’s official: Twitter now supports longer messages of up to 4,000 characters. But they’re restricted to Twitter Blue users. Twitter has announced the new functionality for subscribers is ready as of today with a Tweet demonstrating the increased character limit. Some Twitter users have long complained about the platform’s 280-character

February 9, 2023 2 mins read

Crypto ATM Operator Cash Cloud Files For Chapter 11 Bankruptcy

Coin Cloud digital money ATMs in the US and Brazil, has filed for Chapter 11 bankruptcy in the US Bankruptcy Court in the District of Nevada. On its website, Coin Cloud boasts of having more than 5,000 ATMs that support more than 40 different cryptocurrencies.  When Coin Cloud had 4,826

February 9, 2023 1 min read

Bank of England Launches Digital Pound CBDC Project with Limitation 

United Kingdom intends to launch a central bank digital currency (CBDC) as they issued a consultation paper outlining the proposed digital pound known as “Britcoin”. On February 7, 2023, the Bank of England (BoE) and the UK Treasury jointly released the 116-page consultation paper. That explains various aspects of the

February 8, 2023 1 min read

Barry Silbert’s DCG Reportedly Sells Portion of Grayscale Shares

It has been reported that Digital Currency Group (DCG), a cryptocurrency holding company, has started selling its stake in crypto funds run by its subsidiary Grayscale Investments in an effort to raise cash and retain liquidity. U.S. securities documents seen by the Financial Times on February 7 revealed that DCG

February 8, 2023 1 min read
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