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China returns as 2nd top Bitcoin mining hub despite the crypto ban
17.05.22

China returns as 2nd top Bitcoin mining hu...

China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
RBI warns of crypto ‘dollarization’ of Indian economy
17.05.22

RBI warns of crypto ‘dollarization&#...

Crypto "will seriously undermine the RBI's capacity to determine monetary policy and regulate the monetary system of the country," according t...
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
17.05.22

Twitch co-founder raises $24M for Web3 gam...

The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slate...
Japan’s largest investment bank Nomura readies new crypto subsidiary
17.05.22

Japan’s largest investment bank Nomura rea...

The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digit...
Miami and New York City coins tank despite Mayoral endorsements
17.05.22

Miami and New York City coins tank despite...

“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped...
Stablecoin supplies and cash reserves in question amid crypto exodus
17.05.22

Stablecoin supplies and cash reserves in q...

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.
Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser
17.05.22

Coinbase unveils Web3 mobile Dapp and DeFi...

Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through th...
Portugal to lose crypto tax haven status as state announces gains duties
17.05.22

Portugal to lose crypto tax haven status a...

The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
16.05.22

US federal judge approves of Justice Dept ...

An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions.
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