Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest.
Illegal Crypto Miners in Iran Steal 1.8 Billion kWh of Electricity, Official Says
Enterprises…
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking…
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an…
US Senator Ted Cruz: 'I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC'
April 30, 2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending.
Bitcoin Is Still the ‘Most Dominant’
United States Senator Ted Cruz has said he is…
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned.
Tax-Avoiding Digital Asset Platforms
The Kenyan Treasury has said it will start…
AIGameToEarn Begins Pre-Launch Whitelisting for AI NFTs and a $100k Guaranteed Leaderboard
April 29, 2023
press release
PRESS RELEASE. Zagreb, Croatia, 28th April 2023, Chainwire
AIGameToEarn, an innovative platform combining artificial intelligence and gaming, started the whitelisting signups for its upcoming launch. The list is open to 2,000 lucky individuals, of which 200…
Microstrategy Founder Michael Saylor to Argentines: 'You Need Bitcoin' — Critics Insist BTC Is Too Volatile
April 29, 2023
Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable alternative for the faltering local currency.
The Dollarization Option
As the Argentinian currency — the peso —…
Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report…
Coinbase Shares Wells Response, Challenges SEC's Change in Attitude Towards Its Core Businesses
April 28, 2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s…
Ethereum Price to Peak at $2,758 This Year, Then Fall to $2,342 by 2023's End, Finder Experts Say
April 27, 2023
A recent survey made public by the online comparison platform Finder.com has revealed the predictions of 32 professionals in the fields of fintech and cryptocurrency. The specialists have expressed their conviction that ethereum, the second largest digital asset by market capitalization, will culminate at $2,342 per unit by the end of 2023.
Optimistic Outlook for Ethereum as Finder Survey…
