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The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it […]
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot […]
Harmony Protocol, which lost $100 million in a bridge attack earlier this week, has announced a $1 million bounty for returning stolen funds and an explanation for the breach. In addition, the company, which specializes […]
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto winter. The company, which boasts investments from Alan Howard and Peter Thiel’s Valar Ventures, said […]
The European Union (EU) will take major strides in regulating the crypto industry when it finalizes two major crypto-focused regulations by the end of the month. Crypto venture advisor Patrick Hansen said the regulations will […]
Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates is made possible by its effective risk management strategies, decreasing market competition and changing macroeconomic […]
Origin Protocol aims to enhance NFT and DeFi adoption Origin Protocol’s OGN token hit an all-time high of $3.45 in March 2021 The token is currently consolidating and has met resistance As non-fungible tokens gained […]
About the author Bill Xing is head of financial products at crypto derivatives trading platform Bybit. Stepn is on a massive “run” this year, if you’ll pardon the pun. The app that rewards users with […]
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