Texas will probably be one of the safest U.S. states for the crypto industry in the future. A new bill was introduced in the Texas House of Representatives that seeks to extend the Bill of Rights to digital currencies. This…
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LimeWire to Use Crypto Giants for New Token Sale
LimeWire, a once popular peer-to-peer file-sharing platform, is making a comeback as a non-fungible token (NFT) marketplace for creators and artists. Powering the new ecosystem is its utility token, LimeWire Token (LMWR). LMWR can be purchased using cryptocurrencies like Ethereum…
Bitcoin to be Accepted in Liechtenstein
Liechtenstein, a small European country known for its financial innovation and stability, is planning to accept Bitcoin (BTC) as a payment option for state services, according to Prime Minister Daniel Risch. The proposal envisages immediately swapping any cryptocurrency received for…
Altcoins at a Glance – the Latest About AVAX, PEPE and SHIB
Welcome back to Altcoins at a Glance. We know that time is precious, so we have prepared a summary of the latest and most interesting news about your favorite altcoins. We aim to keep you updated in under five minutes.…
Balaji Srinivasan Sparks Conversation with $1 Million Bitcoin Burn – The Intriguing Economics of Crypto Destruction
In a move that has sparked debate, Balaji Srinivasan, former Coinbase CTO and prominent crypto entrepreneur, destroyed $1 million worth of Bitcoin to showcase the concept of “crypto burning.” Srinivasan announced the destruction of his Bitcoin holdings through a tweet…
US Court Sets 10-day Deadline for SEC to Respond to Coinbase’s Petition for Clear Crypto Regulations
The US Third Circuit Court has granted Coinbase’s request for a response from the Securities and Exchange Commission (SEC) regarding its rulemaking petition, giving the agency a strict 10-day deadline. Coinbase initially filed a petition in July 2022, urging the…
Crypto Mining Tax Gets Strong Rejection from Presidential Contender
The crypto industry has faced a gauntlet of challenges, and it seems like the ordeal is not yet over. The Biden administration aims to add a thirty percent tax on electricity consumed by crypto miners. This new measure is supposed…
Uncovering Bhutan’s Covert Bitcoin Mining Operations
Nestled in the Himalayas, Bhutan has been silently building its own Bitcoin mining operation using the abundant hydroelectric power generated by the region’s glacier-fed rivers. Though discussions around this project have taken place since 2020, it wasn’t until recently that…
Biden’s administration Advocates for 30% Cryptocurrency Mining Electricity Tax in the US
The White House is seeking to implement a 30% tax on the electricity consumed by cryptocurrency mining in the next federal budget to minimize the industry’s impact on climate change. The president’s Council of Economic Advisers (CEA) highlights the negative…
Coinbase Remains Strong Despite Regulatory Worries, Launches New International Exchange
Coinbase, the largest crypto exchange in the United States, has announced the launch of a new trading platform for institutional clients outside the US. The new platform, called Coinbase International Exchange, will offer perpetual futures contracts for Bitcoin (BTC) and…