Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets.
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of…
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different…
BAYC copycat files opposition to 10 Yuga Labs trademark applications
A Yuga Labs spokesperson has played down the significance of the opposition notice and suggested that the RR/BAYC co-founder is just trying to cause trouble.
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing the need for clear crypto regulation, the bank’s head of digital assets noted: “We need…
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including…
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How Cardano Could Fix Staking Services In The U.S.
Cardano Founder Charles Hoskinson speaks on a possible solution for the staking programs after the settlement between the Securities Exchange Commission (SEC) and crypto exchange Kraken in the U.S. The question of how these products can survive and…
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered…
Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined
The Web3 ecosystem came together to offer all possible help and aid to the victims of the Turkish-Syrian earthquake — one of the worst natural disasters in recent history.
DigitalNote Subscription now also include an option for Non-Custodial (coins in your own wallet) Masternode hosting
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Bitcoin Miner BitNile Relocates 6,572 Bitcoin Miners To Michigan
BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy.Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, is moving 6,572 Bitcoin miners from a hosting facility in Texas to…
As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have reached an agreement on restructuring.
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
Kraken has put an end to staking as a service, and Coinbase could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
Crypto In The Crosshairs And Bitcoin Market Dynamics
Announcements by government agencies make stricter regulations look imminent for the crypto industry. How derivatives market action impacts the bitcoin price.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service…
US lawmakers question SEC chair on timing of Sam Bankman-Fried’s arrest
“The timing of the charges and his arrest raise serious questions about the SEC’s process and cooperation with the Department of Justice,” said Representatives McHenry and Huizenga.
With the introduction of Ordinals, Bitcoiners have now inscripted more than 45,000 NFTs directly onto the Bitcoin blockchain.Bitcoin is nearing 50,000 inscriptions on the Bitcoin blockchain. From Bitcoin Punks to audio recordings of farts, the…
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run…
The SEC’s crackdown on Kraken has sent a shockwave through the crypto sector. Is this week’s correction a buy the dip opportunity or a sign of worse things to come?
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