Kazakhstan is cutting off power supplies to crypto miners
Crypto miners in Kazakhstan are facing a major drawback, as reports have revealed that authorities in the country have cut off the power supply of miners owing to the growing…
FTX.US receives $8 billion valuation as it looks to bring derivatives to the U.S.
FTX.US, the U.S. affiliate of crypto exchange FTX, announced today that it has raised $400 million. This was the company’s first external funding round, which gave it a valuation of…
The president, the fast-food giant, and the sus crypto token
There’s never a dull moment in crypto. Peak to trough total market cap outflows, since late December’s all-time high of $2.4 trillion, come in at -$900 billion or -38%. Although…
IMF urges El Salvador to remove Bitcoin’s status as legal tender
The International Monetary Fund on Tuesday recommended El Salvador drop Bitcoin’s status as legal tender in the country. The IMF’s statement released on Tuesday further highlighted how the continued use…
Thailand all set to regulate cryptocurrency as means of payment
The Bank of Thailand (BOT), in association with Thailand’s Security And Exchange Commission (SEC) and Ministry of Finance (MOF), will jointly be spearheading the endeavor of regulating cryptocurrency as a…
Gustav Klimt’s “The Kiss” becomes an NFT
In honor of Valentine’s Day, the Belvedere Museum in Vienna and the Non-Fungible Token investment fund artèQ, will launch the NFT of Gustav Klimt’s work “The Kiss,” a depiction of…
Ripple, 2021 is its best year ever
Ripple’s value grew by 53% and for the company that issues the XRP cryptocurrency, 2021 can be considered the best year ever. Ripple buys back its shares Ripple CEO Brad…
