Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With...
Bitcoin News
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The...
Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be...
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked...
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value...
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any...
Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes...
Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform
Bastyon.com is a social platform built on the Bitcoin foundation. It is decentralized with no central serve. Bastyon’s codebase is...
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The...
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says
Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament...
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for...
Union Bank of Philippines to Offer Crypto Trading and Custodial Services
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way...
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT)...
