UAE agriculture authority prohibits crypto mining on farms: Report
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722.
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Stop making crypto complex
There is a need for a psychological shift in crypto design to achieve true democratization.
Major US banks get passing grade in ‘severe recession’ stress test
America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. 337 Total views 1 Total shares The American central bank has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”The report issued on June…

Crypto.com rolls out its exchange platform in the United States
The exchange is initially available to waitlisted users and will be available to more people soon. 198 Total views 1 Total shares Following its immense marketing efforts, Crypto.com finally begins the initial rollout of its services to users in the United States. In an announcement, Crypto.com mentioned that its exchange platform is already available to users…

Coinbase Users Now Have ‘Recharge’ Capabilities With Bitcoin Lightning Network
Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed in an official tweet from Bitrefill on June 25.The capability comes as part of Bitrefill’s new Thor API,…

4,400 disgruntled investors are hunting for Terra’s Do Kwon
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. Members of a 4,400-strong Discord group called the “UST Restitution Group” (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon.Members of the group, seemingly out of frustration at…

Crypto Exchange Bittrex Expands Adds Ethereum Classic and XRP Trading Pairs
Cryptocurrency exchange and wallet service Bittrex has announced plans to launch U.S. dollar (USD) trading pairs for two new cryptocurrencies, according to an official announcement published August 8. Per the announcement, Bittrex is looking to expand its fiat markets to Ethereum Classic (ETC) and Ripple (XRP) on August 20. The new trading pairs will be…

IRS proposal to track your Uniswap transactions will dampen the crypto industry
The United States Internal Revenue Service (IRS) is considering a proposal that would have sweeping consequences for the cryptocurrency industry. Investors should be concerned, because it could significantly impact the way that individuals — both inside and outside America — are allowed to engage with digital assets.The IRS is proposing an initiative under Section 6045

CoinFund launches $300M early-stage Web3 venture fund
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds. 226 Total views 4 Total shares Blockchain venture firm CoinFund has launched a new investment fund devoted to Web3 and other crypto-focused startups, opening the door to fresh funding opportunities for entrepreneurs during the bear…