“Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all,” a core team member wrote. On Monday, decentralized autonomous organization Panda DAO put forth a new proposal to dissolve itself and return assets back to investors. According to the seven-point referendum, between 500 million…
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Finance Ministry official says an upcoming bill may provide local infrastructure, allow businesses to negotiate the use of cryptocurrencies in international trade on their own. A Russian Finance Ministry official has provided new details about a bill on digital currencies that is currently being drafted. The bill provides local infrastructure for settlements and regulation on…
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Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime.
Russia Prepares to Improve Efficiency of Mining Facilities in 2023
A group of crypto specialists have teamed up…
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Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts.
Cryptocurrency Miners Hit by The Merge, Vietnam Report Reveals
Vietnam’s crypto miners have suffered…
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The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years. The crypto market turmoil entered the third week of September as most of the cryptocurrencies started the week on a bearish note. The total crypto market cap…
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The CEO and co-founder of Electric Capital, Avichal Garg, shares his views on the projects that will explode in the next bull cycle. Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the…
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Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from a state-issued digital ruble. Cryptoruble to Give Russian Companies Another Option…
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A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South…
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Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property protected by the law. One of…
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Golden crosses and death crosses are key signals that technical analysts use to determine whether an asset is trending upward or downward. How can traders use the golden and death crosses in their trading strategies? Traders typically buy during a golden cross and sell during a death cross. Different traders will have different approaches to…
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