Australia on track for a crypto boom by 2030, EY report says
The report says the country’s crypto industry could swell by up to 30 times its current size in the coming decade.
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China’s Zhejiang province busts dozens of state-owned entities for mining crypto
An internet authority in East China’s Zhejiang province has identified in July 4,699 IP addresses in the province that were involved with cryptocurrency mining, and among them 183 addresses were related to 78 state-owned entities, according to a Tuesday article published on the website of China’s Central Commission for Discipline Inspection (CCDI), the country’s anti-corruption…
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Myanmar’s shadow government uses Tether in its fight against military rule
The National Unity Government recognizes Tether as an official currency, defying the cryptocurrency ban imposed last year.
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Latest Elon Musk plug sends Dogecoin price soaring — briefly
Dogecoin rallied 31% when Elon Musk tweeted that Tesla will accept it for payment of “merch.”
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US SPAC’s refusal to merge with Hong Kong crypto firms raises questions
Crypto 1 will consider acquisition targets worldwide but steer clear of digital assets companies in China and Hong Kong. Are the lights dimming on a major crypto hub?
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How sports and crypto are knocking it out of the park
The billion-dollar intersection of sports and crypto is a big win for all, writes Ben Armstrong, aka BitBoy Crypto. Here’s how to make sense of this seismic cultural shift.
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Cryptocurrency prices take another hit in downward spiral
Macroeconomic factors and a spate of bad news override bullish outlook in crypto market as the year lurches toward its end.
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Elon Musk named Time Person of the Year
One of the most influential cheerleaders for cryptocurrency is named Time’s 2021 Person of the Year for his work on electric cars and space rockets.
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US SPAC Crypto 1 closes IPO, says won’t pursue ‘business combinations’ with any Hong Kong crypto firms
Crypto 1 Acquisition Corp., a U.S.-incorporated blank check company, has completed its initial public offering (IPO) with gross proceeds of US$230 million, according to a company statement released Friday. Fast facts The company’s units commenced trading on the Nasdaq Global Market under the ticker symbol “DAOOU” on Dec. 7. Acting as a special purpose acquisition…
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Solana suffers network slowdown, raising questions around proof of history
Confusion surrounded the Solana blockchain community over the weekend as a sudden drop in transaction speeds was initially believed to be a distributed denial of service (DDoS) attack, resulting in a lengthy debate as to the cause of the delay. Fast facts Solana-based non-fungible token (NFT) platform Blockasset was one of the first to highlight…