Halving full effect: Bitfarms crypto mining revenue falls 42% in May

India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry. As predicted, within just a couple of weeks of the new crypto tax law coming into effect, trading volume across major crypto exchanges dropped as much…

Further developments to blockchain technology are being tackled every day. One of the biggest challenges is how best companies working on blockchain can make their services not only accessible but also practical for users in different countries.The Carrier Blockchain Study Group (CBSG) Consortium is one such collaboration doing just that. Launched in September 2017, the…

Lawyers of the alleged $4 billion Bitcoin launderer appeal to the court, arguing that Alexander Vinnik was just an employee at BTC-e. The defense team of Alexander Vinnik, an alleged Bitcoin launderer who was sentenced to a five-year prison term, disagrees with the court’s decision.According to a Dec. 18 report by Russian news agency Kommersant, Vinnik’s…

Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.In a Twitter thread, monitoring resource Whalemap flagged a transaction involving 32,000 BTC.Buyer could be "willing to acquire" 32,000 BTC at $19,000In the latest sign that current spot price is affecting the behavior of…

The world's second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22.Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ: AMTD)…

March 9, Brave purchased 534,441 Basic Attention Tokens (BAT). This came one day before Brave announced a partnership with TAP Network, which enables convertibility of BAT into “gift cards from hundreds of top national brands”. Brave’s Purchases of BATBrave shares 70% of all advertisement revenue with its users:“Reward comes in the form of Basic Attention Tokens,…

A VC believes that Link could soar 700% in the next month or two to overtake Ether as DeFi insurance policy. 4707 Total views 117 Total shares A venture capitalist believes that Link could soar above $25 and overtake Ethereum (Ether) as number two cryptocurrency by market capitalization.Michael Anderson, co-founder of Framework Venture and an…

If you ask people if they think that companies that have been around for many decades (even more than a hundred years) versus a startup would have a better chance of making it through hard economic times like a recession, most people would say the older company has the edge. Likewise in the crypto sphere

Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important. 220 Total views 15 Total shares