Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources.
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Gaming industry to have a ‘blockchain-connected’ future, studio execs say
“We believe strongly that there will be some element of play-to-earn or play-and-earn in most games within the next few years,” said WAX executive Michael Rubinelli. 204 Total views 3 Total shares With blockchain slowly finding its way into the video gaming industry, sector veterans and executives of nonfungible token (NFT) blockchain WAX believe that…

Crypto Markets Teeter on New Year’s Eve, With Mostly Losses Across the Board
Monday, Dec. 31 — on the cusp of the new year, all but one of the top 20 cryptocurrencies by market cap are in the red, as data from Coin360 shows. Losses among the larger cryptos are tempered, with most losing 2-3 percent, and losses capped at 6 percent.Market visualization by Coin360Bitcoin (BTC) has seen…

NFTs, DAOs and the importance of roadmaps
this JPEG can have sex with this JPEG and make a new baby JPEG? Say what?” When CryptoPunks started out in 2017, they seemed silly to many. They were just 128 X 128 pixels. Who cares about that? They weren’t really cool until Gary Vee had a mastermind call with influencers and said, “Crypto Punks…

Binance US launches low-barrier Ethereum staking ahead of The Merge
Users can receive up to 6.0% APY with 0.001 ETH staking minimums, but risks apply. 391 Total views 5 Total shares On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum (ETH) staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which…

Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went about…

‘Smart money’ eyes BTC bull run: 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in a precarious position after seeing its most extensive losses since November 2022.In a major comedown from ten-month highs, BTC/USD lost around 10% before the weekly candle finally closed.At around $27,600, the culmination of a grim few days for long traders means that BTC/USD is now caught battling for…

BBVA migrates crypto custody service to Ripple-owned Metaco’s Harmonize
Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services. 158 Total views 1 Total shares BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody

Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians
Alexandre Kech, CEO of Onchain Custodian, predicted that collaboration between crypto and traditional custodians will grow. Kech’s remarks came during a panel called “Custody: The New Global Competitive Landscape,” part of Consensus 2019 on May 14.Kech observed that crypto custodians are much better at adding new token support to their wallets and are willing to…