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Uzbekistan Collects Over $300,000 From Crypto Sector

[Feb 3, 2023 5:30 PM] While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees…

VeChain Aims To Take Web3 By Storm, Here’s How

[Feb 2, 2023 2:10 PM] The crypto industry has seen a lot of hype at the beginning of 2023, and the VeChain Foundation is trying to keep up. The sector is attracting attention around non-fungible tokens (NFTs), the Metaverse, Web3, and, more recently, artificial…

Twitter Scraps Free API Access, Crypto Developers Must Pay

[Feb 2, 2023 10:00 AM] From February 9, anyone who wishes to use the Twitter application programming interface (API) will have to pay. Twitter Scraps Free API Access In an announcement on February 2, Twitter, one of the world’s largest social media platforms, said they…

MATIC May Take The Crypto Market By Surprise, Here’s Why

[Feb 1, 2023 6:00 PM] MATIC made a 180-degree turn at the beginning of the year, following Bitcoin’s lead. The token, used to govern and secure the Polygon Network, had consolidated since mid-July, with some erratic price action recorded in November. At the time…

Blackrock Increases Stake In Silvergate To 7.2%

[Jan 31, 2023 8:30 PM] BlackRock, a global investment company managing over $10 trillion of assets as of January 2022, has increased its stake in Silvergate Bank, a crypto-friendly bank, to 7.2%, according to a filing with the United States Securities and Exchange…

Top 5 GameFi Cryptos To Watch This February

[Jan 31, 2023 7:55 AM] With so many sharp twists and turns happening in the blockchain and crypto space, the GameFi space is getting robust now more than ever. Evidently, experts say that 2023 is the “build phase” for GameFi and it is set to explode in the…

Stablecoin Economy Sheds Another $3 Billion in 44 Days

[Jan 28, 2023 3:00 PM] The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…

Ban on Crypto Mining in Residential Areas Proposed in Russia

[Jan 28, 2023 3:30 AM] Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on…