Venezuela bans crypto mining to protect power grid

“The fundamental goal of this collaboration is to enable granular control over data and to reduce the reliance on centralized systems that take advantage of data,” said Humayun Sheikh, CEO of Fetch.ai. 4174 Total views 7 Total shares Artificial intelligence research lab Fetch.ai has partnered with blockchain network Iota to enable a “controlled data sharing…

It is no secret that the United States Internal Revenue Service is working to cope with the unique challenges of taxing cryptocurrencies. In the first of a series of panels today, March 3, four experts spoke about recent advancements in cryptocurrency technology and the challenges and opportunities they present for regulators.Public ledgers offer more transparency to…

Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.

For a long time, the United Arab Emirates has been one of the most progressive crypto countries in the world. For example, government-owned licensing firm Kiklabb allows clients to pay for their visa and trade license fees via various digital assets to the Dubai Financial Services Authority, which announced its decision to work on a…

Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. 5155 Total views 22 Total shares Inflows into cryptocurrency investment products topped $57 billion last week, marking a new all-time high and underscoring the rapid adoption of digital assets underway among institutions. In its weekly inflows report,…

Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView$32,000, $35,000 flagged as lines in the sandData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency consolidating near $30,600 at the time of writing after hitting highs of $30,900 on Bistamp.Its best performance since…

An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to liquidate. 5479 Total views 17 Total shares An anonymous source claiming to be a senior Indian Finance Ministry official has claimed that the use of crypto assets will soon be completely…

Millennials and Gen Z in South Korea have been struggling to survive an economy characterized by high asset inflation and suppressed wages. 832 Total views 4 Total shares Household debt for younger Koreans — those born from the 1980s onward — has surged to $22.7 billion, up from $3.9 billion from last year. Data from South…

The Thai Securities and Exchange Commission (Thai SEC) has updated the list of cryptocurrencies suitable for use in initial coin offering (ICO) investments and trading pairs. An official Thai SEC statement reported the development on Feb. 28.Until now, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM) could be used for the purposes mentioned above…