Tag: news.bitcoin
Blockchain
US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to US taxpayers who failed to report and pay taxes on cryptocurrency
Blockchain
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $284 million
Blockchain
Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains
The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15 Since then, however, Ethereum Classic’s
Blockchain
Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted
Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil Despite the fact that
Blockchain
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
While the US dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 45% against the greenback this week During the first week of September, Russia
Blockchain
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020 Stimulus put a
Blockchain
Estonia Issues First License to Crypto Service Provider Under New Regulation
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March
Blockchain
Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million
PRESS RELEASE SINGAPORE — 25th September 2022 — TOKEN2049, Asia’s premier crypto conference, announced that it will be showcasing a first-of-its-kind, immersive NFT experience,
Blockchain
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance This, as the United States government, has warned that the
Blockchain
Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record
The Ethiopian birr currency’s parallel exchange rate against the US dollar recently dropped to a low of 92 birrs per dollar, a report has said The report added that following this latest
Blockchain
Russia Starts Developing Mechanism for International Crypto Payments
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions The country’s central bank and
Blockchain
Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin
The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin He added that he would have to be out of his mind
