Dubai Regulator Will Open Offices in The Sandbox Metaverse
The government of Dubai is not slowing down its efforts to promote the development of the local crypto industry and its appeal to crypto enthusiasts. On May 03, The Dubai…
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Bitcoin Miner Argo Blockchain Borrows $70M to Buy Equipment for Texas Site
Popular Bitcoin miner Argo Blockchain has announced taking on additional debt under Argo’s equipment financing agreement from a subsidiary of New York Digital Investment Group (NYDIG). The move will help…
A Crypto Proponent Will Be the Next Senator of Ohio
Bitcoin-friendly politician – James David Vance – won the Ohio Republican Senate primary election and will face the member of the Democratic party – Tim Ryan – in November this…
Liechtenstein’s Largest Private Bank Enables Direct Investments in Bitcoin
The leading private bank in Liechtenstein – LGT Bank – partnered with SEBA Bank to offer direct investments in digital assets for its customers. The cryptocurrencies included in the initiative…
Fed Announces 0.5% Rate Hike to Fight Inflation, Highest in 22 Years
The Federal Reserve announced a 50 basis point interest rate hike during May’s Federal Open Markets Committee (FOMC) meeting. This is twice the size of the rate increase from last…
Coinbase Won’t Acquire Brazilian Crypto Giant 2TM
2TM Group, the holding company of Brazil’s first crypto brokerage Mercado Bitcoin, has ended its merger and acquisition talks with the leading US-based cryptocurrency exchange Coinbase, Bloomberg reported Wednesday, citing…
Joe Rogan Believes the US Government Fears Bitcoin
The renowned American podcaster, UFC commentator, and comedian – Joe Rogan – said bitcoin reminds him of the Internet in its early days. In his view, it has emerged as…
ETH 2.0 Deposit Contract Passes 10% of Total Supply
In anticipation of Ethereum’s upgrade to proof of stake, over 10% of ETH’s supply has been sent into the Ethereum 2.0 deposit contract. That’s over $35 billion in staked value…
Hawaii to Launch a Task Force Focused on Crypto Regulations
Two of the main committees of the state of Hawaii – Commerce and Consumer Protection (CPN) and Ways and Means (WAM) – greenlighted the launch of a unit called Blockchain…
Polkadot XCM Format Goes Live, Enables NFT Functionalities
Cross-chain interoperability protocol Polkadot has announced the launch of its messaging system dubbed XCM (cross-consensus messaging) to allow communication and transfer of digital assets between its parachains. Polkadot Launches Cross-Chain…