Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024

Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills.Dynamics posted on Twitter late on June 26 a letter it sent to Compass Mining which stated as of…

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March.

The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. 331 Total views 14 Total shares With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the…

The exchange is taking advantage of the growing Russian crypto market. As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.According to the announcement, he had previously served as partner and CEO…

The research arm of top crypto exchange Binance has published an analysis of JPMorgan Chase’s newly announced stablecoin, arguing that the digital coin brings “minimal direct competition” to Ripple's XRP token in the near term. The study was published on March 1 by Binance Research.As Cointelegraph has reported, JPMorgan Chase announced the forthcoming launch of…

The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers. 154 Total views 23 Total shares The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider

Several major players say that nuclear energy might be the best choice for Bitcoin miners. 565 Total views 11 Total shares Major players in the Bitcoin (BTC) mining industry have their sights set on nuclear energy as pressure mounts to go green. Nuclear energy could present a “tremendous opportunity” to introduce “enormous amounts of clean,…

The Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. 1371 Total views 38 Total shares Jack Dorsey, CEO of Twitter and mobile-payment platform Square, is donating $5 million to Humanity Forward, a group launched by crypto-friendly former presidential candidate Andrew Yang,…