AI token market to hit up to $60B in 2025 — Bitget CEO

The deputy energy minister of Iran has said that electricity bills for digital currency miners should be calculated in accordance to real prices, Iranian economic daily newspaper Financial Tribune reported on June 9.Iran’s deputy energy minister, Homayoun Haeri, has stated that electricity bills for cryptocurrency mining activities should be priced according to the same rates…

The United States Internal Revenue Service (IRS) is sending letters to crypto investors to clarify crypto tax filing requirements and, in certain cases, compel them to pay back taxes. The IRS announced its letter campaign in a press release on July 26.The IRS states that it has sent letters to 10,000 crypto investors, asking some…

South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. 204 Total views 1 Total shares South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill.On June 30, the National Assembly…

In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.As part of its bankruptcy proceedings, CeFi lending giant Celsius Network disclosed names and on-chain transaction…

The Bitcoin (BTC) network hash rate has just taken a steep plummet and is now down almost 45% from its 2020 peak.The network’s hash rate sank from 136.2 quintillion hashes per second (EH/s) on March 1 to 7.5.7 EH/s today, March 26, according to data from Blockchain.com. Coin.dance — another analytics site for the coin’s blockchain…

The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced. 319 Total views 6 Total shares Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same…

Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of that total flooding into altcoins.Bitcoin put on a 7% gain on the day to climb back above $36,000 and leading traders to expect a rally to the $38,000…

The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services.