South China’s Hainan province hikes electricity fees on those who have mined crypto
On top of China, authorities in Russia and Ukraine are busting underground miners, while U.S. Senator Elizabeth Warren presses a New York miner.
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Binance chief CZ wants to bring business back to UK: report
Binance, the world’s largest cryptocurrency exchange by trading volume, is working to rebuild its operations in the U.K. after it was told to close down the business there back in June, the company’s CEO Changpeng Zhao, or CZ, told the newspaper the Sunday Telegraph. Fast facts CZ told the local press the company is making…
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Japan’s Elemental Knights Online game to release play-to-earn metaverse version
Japan’s mobile game Elemental Knights Online is planning to release Gensokishi Online -META WORLD-, which is its newest version incorporating elements of play-to-earn, user-generated NFTs (non-fungible tokens), and the metaverse. Fast facts Gensokishi Online’s “Meta World” metaverse will allow players to purchase land and freely edit in their creations, such as buildings and characters. The…
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Bored Ape Yacht Club artist exhibits new NFT collection at Art Basel Miami
The lead artist behind the breakthrough non-fungible token series “Bored Ape Yacht Club” (BAYC), known as All Seeing Seneca, has released a new set of NFTs over the weekend at Dfinity’s Iconoclast gallery event at Art Basel Miami, according to the artist’s Twitter profile. Fast facts With over US$1 billion in sales attributed to the…
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Global markets downturn hits crypto as well; BTC trading below $50K
For the second weekend in a row, markets were hit with a massive shock due to external factors. Market watchers weigh in on price movements and what to expect.
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First NFT exchange-traded fund falls in NYSE debut
NFTZ opened for trading on the NYSE in the midst of turmoil and fears of inflation and Omicron.
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SEC denies WisdomTree’s spot Bitcoin ETF
The SEC’s second rejection of a spot Bitcoin ETF again cited concerns about fraud and manipulation.
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Yellen clarifies anti-money-laundering reporting rules for DeFi
In written responses to questions from Sen. Pat Toomey, Treasury Secretary Janet Yellen releases non-custodial service providers from strict reporting rules.