Russia bans crypto mining for 6 years in 10 regions

Propelled by Bitcoin’s record-breaking rally, the crypto industry is seeing off 2020 with flying colors. Amid all the tumult of this unprecedented moment in history, the digital asset space seems to have proven its resilience, making a solid case for becoming a safe haven in an increasingly uncertain world. Among other advancements, the outgoing year saw…

On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued — which many industry experts appraised as a meaningful educational experience for the lawmakers — touched upon a range…

Renowned trial attorney Brian Klein has revealed he will represent Virgil Griffith, the developer recently arrested for participating in a blockchain conference in North Korea.In a tweet posted on Dec. 3, Klein stated that his client disputes the “untested allegations in the criminal complaint” and had been temporarily released from jail pending his trial.Klein: Griffith…

Blockchain technology has the power to increase financial inclusion and change the lives of many throughout the world, especially in emerging economies where it’s needed the most. While the potential of blockchain technology has been widely recognized, even among the harshest critics of Bitcoin (BTC) itself, the possible use cases for blockchain technology are often…

Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.

The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy. 173 Total views 6 Total shares CNA Financial, the seventh-largest commercial insurer in the United States, has excluded nonfungible tokens (NFTs) coverage from Schwab Strategic Trust’s policy worth $20 million.In a filing

Major Ethereum (ETH) wallet provider MyEtherWallet (MEW) has announced the launch of the alpha version of its new open source Ethereum blockchain explorer, EthVM, in a tweet from the official MEW Twitter account on March 11.The current version of EthVM shows data from the Ropsten network, an Ethereum testnet. Once deployed on Ethereum’s main network…

Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. 133 Total views 7 Total shares During a virtual video session at the Bank of Finland Institute for Emerging Economies' 30th Anniversary Conference, People's Bank of China governor Gang Yi discussed recent developments regarding the country's…