Core Scientific, a crypto mining company, saw its stock plummet rapidly after the national crypto crash. It was busy building the second phase for its Denton data centre, and it fell to $2 per share. According to MarketWatch , the stock value has dropped more than 78% over the pastContinue Reading
Crypto Valley Venture Capital (CVVC), a Swiss-based venture capital firm, has launched an African Blockchain Early-Stage Fund. According to CVVC, the VC has partnered up with the Swiss State Secretariat for Economic Affairs in this venture. The VC stated that the accelerator’s objective is to finance 100 African startups within theContinue Reading
The country’s public broadcaster, Radio Televizija Crne Gore (RTCG), revealed that the prominent crypto figure Vitalik Yeterin is now a citizen Montenegro. Radio Televizija Crne Gore, (RTCG), quoted an announcement from the Ministry of Finance and Social Welfare of Podgorica. The report states that the Russian-born Canadian programmer and Blockchain specialist, Zdravko Krivokapic, andContinue Reading
Auditor in Kazakhstan has identified crypto mining companies that are eligible for tax benefits normally granted to businesses involved in innovation development. This is a sign that the “Digital Kazakhstan” program is not being properly implemented, according to the representative of the country’s Accounts Committee. Akylbay Ibraev, quoted by Inbusiness.kz, explainedContinue Reading
After blocking the accounts of a group of citizens whose activities are allegedly connected to a money laundering investigation by the FIOD (the Fiscal Intelligence and Investigation Service of the Netherlands), Binance is now facing legal problems in Colombia. reports show that the cryptocurrency in these accounts is worth more than $1million. UsersContinue Reading
The BSE has begun trading crypto instruments that track the prices of bitcoin ( BTC and ethereum [ ETH]). According to an announcement, investors looking for innovative crypto products can now trade in eight crypto-exchange-traded notes ( ETNs), as per a Thursday publication. The launch of these instruments will see the Bulgarian stock exchange follow in theContinue Reading
Bitcoin’s fair value is 12% lower than its current price. This is based on volatility relative to gold. According to JPMorgan. According to strategists led by Nikolaos Pantigirtzoglou, the bank’s analysis assumed that bitcoin was four times more volatile than gold. According to them, bitcoin’s value would then be one quarter of $150,000 or $38,000.Continue Reading
The Bitcoin price has risen more than 13% in the past hour since they fell to their lowest level since July. The market value of the world’s most expensive digital currency rose to $37.500 today, coinDesk figures shows. The price appreciated after falling to $32,983.59 in the morning, CoinDesk data shows. DigitalContinue Reading
Boba Network is an optimist-based L2 (layer 2) solution for Ethereum. The launch of an incentive program using Wagmi options has been announced by . According to the Boba team these options will offer a new solution than what other chains have attempted before. The Wagmi options will be determined by networkContinue Reading
Since its inception, the Society for Worldwide Interbank Financial Telecommunication has been closely studying blockchain technology and cryptocurrency. SWIFT, for instance, published a report on September 2020 that highlighted the fact that criminals prefer cash to money laundering, rather than using crypto for illicit transactions. SWIFT, despite being a year late, revealed in aContinue Reading