7 confusing crypto terms (almost) nobody understands

Miners are likely starting to sell some BTC at this point. 2061 Total views 18 Total shares As the Bitcoin (BTC) price is reaching the highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors.According to data from Blockchain.com, BTC miners revenue has soared to levels not seen…

The House minority leader said the United States should not take a backseat to China when it comes to digital currencies. 4269 Total views 17 Total shares Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need…

The Republic of Georgia's central bank has invited fintech firms and others to participate in the CBDC project. 1721 Total views 12 Total shares The National Bank of Georgia said that it is considering launching a central bank digital currency.In an announcement today, the central bank hinted at the issuance of a central bank digital…

High levels of excitement continue to surround all things NFT-related as nonfungible art, collectibles and new business models built on the nascent sector attract a diverse array of investors. In addition to the development of lucrative secondary markets for NFT listings and sales, crypto projects that are focused on NFTs, DeFi and cross-chain interoperability have also…

Ridesharing app Lyft has partnered with blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. The development was announced in a press release from Solve.Care on March 4.Estonia-based Solve.Care is a decentralized, blockchain-powered platform that focuses on enhancing healthcare administration and access to healthcare services for users and insurers.The partnership with Lyft will allow Solve.Care users…

The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials.The Indian government doesn’t consider cryptocurrencies as legal tender, but it also hasn’t declared them outright illegal. Crypto…

The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports. 264 Total views 10 Total shares The Sultanate of Oman has launched a new cryptocurrency mining center, the second mining facility to open in the country in the past 10 months.According to…