Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also […]
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled […]
The dawn of the AI age has brought with it a new contender in the race for processing supremacy—Application Specific Integrated Circuits (ASICs). These custom-built chips offer unparalleled efficiency when compared to their more versatile […]
Woo Network, Conflux, and Kava prices held quite well even as American stocks continued plunging. WOO jumped by over 11.3% in the past 24 hours as we wrote here while Conflux and Kava soared by over 6%. […]
The Federal Reserve decided to raise its benchmark interest rate by 25 basis points on Wednesday. But it was the U.S. central bank’s statement on a possible path forward that had markets waiting with bated […]
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax […]
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the […]
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period […]
Liquid Staking Derivatives layer 1 blockchain is called Tenet. The blockchain will create a hub for Liquid Staking Derivatives (LSDs). Tenet’s testnet went live today allowing developers to interact and experiment with the platform. Former […]
While crypto investing can produce significant percentage gains over a long-term timeframe, investors seeking quick gains at the top of prolonged rallies often see negative returns. The cryptocurrency market tends to fluctuate between maximum fear […]
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