Mining

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

[PRESS RELEASE – Singapore, Singapore, 10th November 2021] Singapore, November 10th, 2021 — izumi Finance, a protocol providing liquidity as a service on Uniswap V3, has raised a total of $2.1M from a number of DeFi and crypto investors. The round was led by Mirana Ventures, with Everest Ventures Group, Youbi Capital, LucidBlue Ventures, Puzzle Ventures, WolfEdge, ICG, Adaptive Lab, Nothing Research, and Tess Ventures backing the startup in its fundraising efforts. The izumi...

The Ministry of Economic Development, the Ministry of Energy, and the State Duma want cryptocurrency mining in Russia to be a legalized business regulated as an entrepreneurial activity. However, the country’s central bank opposed such a move, citing the risks related to digital asset endeavors. Russian Crypto Mining Deserves “Respect And Regulation” According to a local report by Izvestia, some Russian authorities believe cryptocurrency mining needs to have a comprehensive...

With DeFi becoming the hot topic in the crypto space, people are finding attractive investment opportunities promising hefty returns. From crypto mining to yield farming, there is immense scope for increasing one’s crypto assets. Yield farming is being recognized as a great way of constantly generating income by depositing crypto assets in Binance Smart Contracts. BNBMatrix is on a mission to become one of the most profitable yielding farm Dapps on Binance Smart Chain....

Dans un communiqué conjoint, l’Autorité suédoise de surveillance financière et l’Agence suédoise de protection de l’environnement avaient annoncé, samedi dernier, leur volonté de prendre des mesures pour mettre fin à l’installation continue de mineurs de cryptomonnaies en Suède, y compris lorsqu’ils exploitent des énergies renouvelables. Les deux autorités avaient, par ailleurs, demandé à l’Union...

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The government of Kazakhstan reportedly plans to put local companies working with digital assets under its regulatory scope. According to a proposed bill, those entities will have to give detailed information about their crypto operations to the country’s financial watchdogs to prove they have no connections to money-laundering schemes. Kazakhstan May Tighten Its Crypto Rules As reported by the local media Sputnik, the National Parliament of Kazakhstan passed a bill to make...

Global xChange LTD. („Finexify“), a boutique investment firm that provides investors with an opportunity to gain exposure to and profit from the Decentralized Finance (DeFi) space by deploying a liquidity mining market-neutral strategy, announced its Ethereum Green Legend Fund’s results as of 31 October 2021. According to Finexify’s announcement, both Ethereum and stablecoin investors (USDT/USDC/DAI) earned 2.94% on their investment in the month of October 2021. Stablecoin gross cumulative...

The town of Rockdale, Texas is small and doesn’t have much of a population. It may not seem like the city has much to offer, but for bitcoin miners, the amount of open space combined with low energy costs is a dream come true, and two big companies – Bit Deer and Riot Blockchain – are duking it out for dominance over the area. Rockdale Is the Envy of Major BTC Miners Both companies are within proximity of each other. In fact, Bit Deer – a division of Bitmain, arguably...

Viel wurde diskutiert als China das Bitcoin Mining aus dem eigenen Land verbannte. Doch es hat nur wenige Monate gedauert und die Mining Community hat sich von diesem Bann erholt. Daten zeigen, dass nur noch 16 Prozent zum Allzeithoch fehlen. Bitcoin News: Bitcoin Mining Hashrate hat sich fast vollständig erholtChina kontrollierte mehr als die Hälfte des weltweiten Mining Marktes – bevor es zu einem landesweiten Verbot für Crypto Mining kam. Es wurde befürchtet, dass dieses Verbot die...