Category: Cryptocurrency

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Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto

A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a recent study, over 80% of African users have taken part in the commodity staking program since its launch as a new product on the Mineplex…
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Jack Dorsey’s Decision to Quit Twitter Is Not a Vote of Confidence in Future of Social Media

  Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland. ______… Read More: Jack Dorsey’s Decision to Quit Twitter Is Not a Vote of Confidence in Future of Social Media  Read more »Pay, Trade, Buy Bitcoin with Credit Card

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners Pay More for Power The ongoing crackdown on cryptocurrency mining in…
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Russia, Ukraine Shut Down Several Cryptocurrency Farms

Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement…
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Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s Right Hand Man, Charlie…
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Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this.…
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Messari’s Selkis Names His Top ‘Narratives and investment Theses’ for 2022

  With less than one month left of the year, the CEO of crypto researcher Messari, Ryan Selkis, is once again out with his overview of nine major narratives and investment themes that are driving crypto adoption as we enter 2022. This year’s report follows a similar report from last year, where Selkis predicted, among…
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Indian Crypto Bill To Regulate, Not Ban ‘Private Cryptocurrencies’ – Report

  As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions. A cabinet note on the proposed cryptocurrency bill says that cryptocurrencies will not be recognized as legal tender in India, but regulated…
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Russia’s Telecom Watchdog Roskomnadzor Targets Another 6 VPN Providers

Roskomnadzor, the government body responsible for oversight of communications in Russia, is taking steps to block six more VPN providers. The move comes after the agency cut access earlier this year to a number of VPN services helping Russians to reach “banned” information. Roskomnadzor Moves to Block More VPNs in Russia The Russian Federal Service…
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Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax

South Korean MPs have finally overturned the government on its proposed crypto tax plans, ending a long saga that pitted lawmakers against the large crypto-skeptic administration of President Moon Jae-in…. Read More: Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax  Read more »Pay, Trade, Buy Bitcoin with Credit Card