New York lawmakers are preparing to amend the state's Environmental Conservation Law and are proposing to suspend cryptocurrency mining operations that use the proof-of-work (PoW) authentication protocol to validate business activities of blockchain technology.
Anna Kelles is the legislator who…
Read More...
Browsing Tag
cryptocurrencies
NFT collection valued at $ 2.8 million stolen
The Instagram account of Bored Ape Yacht Club, a community of non-fungible tokens (NFT) owned by Yuga Labs, was the victim of a cyber attack that has resulted in the theft of several assets valued at 2.8 million dollars.
Yuga Labs, parent…
Use of renewable energy for cryptocurrencies has grown
The Bitcoin Mining Council (BMC) published a report showing that the use of sustainable energy for mining this cryptocurrency has grown by almost 60 %.
Some 44 digital asset mining companies make life in this group, who also claim to be…
Ignorance affects crypto regulation in Mexico
Enthusiasts of the cryptographic system in Mexico participated in the Fintech Law and the Role of Regulators of the Bitcoin Forum, organized by the Senate. They highlighted that mistrust, ignorance and uncertainty are the aspects that have…
Ukraine restricts Bitcoin purchases
Amid martial law, the National Bank of Ukraine (NBU) restricted purchases of the Bitcoin cryptocurrency.
As indicated by the financial institution, this seeks to prevent the outflow of capital in the midst of the war that is taking place…
American dealer sells car using Ethereum crypto as payment
The American car dealer Jeff Wyler Automotive Family, located in Ohio, Kentucky and Indiana, made the first car sale transaction using cryptocurrencies and accepting Ethereum as a form of payment.
The car subject to the transaction is a…
Cryptocurrency prices drop 4 % in a volatile market
The most popular digital currencies in the global market, such as Bitcoin and Ethereum, registered a drop in their prices of around 4 %, within the framework of a fairly volatile market environment exacerbated by the war between Russia and…
Russia submits bill for cryptocurrency payments
The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation.
The document addresses issues…
Kazakhstan to propose new tax regime for cryptocurrencies
Kazakhstan's Minister of Economy, Alibek Kuantyrov, explained that the government is working on a new tax regime that aims to increase taxes on activities related to cryptocurrency mining. As well as "its intention to link the new rate to…
Brazil will launch its CBDC this year
The president of the Central Bank of Brazil, Roberto Campos Neto, reported that the pilot program of a digital currency issued by the institution will be applied this year.
As indicated by the president of the entity, this is expected to…
Colombians show more interest towards cryptocurrencies
The interest of Colombians in cryptocurrencies has increased significantly in 2022. This is demonstrated by the most recent study carried out by the marketing agency Sherolck Communications, which shows that 22.3 % of citizens expect to buy…
American Bank ties up with Bakkt to offer cryptocurrencies
American Bank decided to partner with Bakkt Holdings Inc. in order to use its connection solutions that will allow its banking users to have a channel to buy, sell and guard the most relevant cryptocurrencies in the ecosystem such as…