The dispute dates back to 2018, but recent activity appears to have been triggered by increases in the cost of electricity.
Inside ‘crypto Woodstock’ where technologists plot a utopian future
The crypto world has had a rough summer. Prices of bitcoin and etherium have plunged in recent months. NFT mania has cooled after the market became flooded with low-quality projects and scams. And ...
Japan to invest $30 billion in Africa to develop human resources
TUNIS--Japan pledged to invest $30 billion (4 trillion yen) in Africa over the next three years to spur development with a focus on human resources to shore up startups as well as industries ranging ...
Bitcoin: Crypto Winter Or Crypto Extinction?
Bitcoin does not have the same mechanism of recovery that the broader market has. Check out why I'm bearish on BTC-USD and why it would eventually go to zero.
Texas crypto-mining rush may need as much power as entire state of New York
Enough miners have applied to connect to Texas’s power grid to use up to 33 gigawatts of electricity, the Electric Reliability Council of Texas, which runs the system, said in an email Friday. That’s ...
Is It Still Possible to Become a Millionaire With Crypto?
Is it still possible to make a lot of money -- and potentially reach millionaire status -- with crypto? It depends on your strategy. The most important thing to remember when investing in ...
Crypto’s growing correlation with Asian equities pose financial stability risks, IMF says
Since the Covid-19 pandemic’s onset in March 2020, cryptocurrencies such as bitcoin (BTC-USD) and ethereum (ETH-USD) have been increasingly integrated into Asia’s ...
Tether Says Audit Is Still Months Away as Crypto Market Falters
This year’s slump in digital assets is pressuring crypto companies to show investors that their money is safe. So far, they haven’t delivered.
Rico unveils plan for crypto services in Brazil
By using this website you agree to our terms and conditions and privacy policy. Crypto is gradually finding its feet in the Brazilian market. Recently, a popular Brazil-based brokerage platform Rico ...
MAS takes action against liquidity issues among crypto firms In Singapore
The Monetary Authority of Singapore has commenced operations to usher in a regulatory framework in the country.
Crypto will become an inflation hedge — just not yet
Crypto can act as protection against inflation, but not until it establishes its fundamentals and achieves mass adoption.
SEC Questions Grayscale’s Legal Stance on Stellar, Zcash and Horizen Crypto Trusts
Grayscale Investments LLC has been fielding questions from the U.S. Securities and Exchange Commission (SEC) over the firm’s “securities law ...
CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is ‘Fully Cooperating’
Indian crypto exchange CEO Ashish Singhal said Saturday "we are fully cooperating" with the Enforcement Directorate, two days after searches at five locations by the financial crimes agency.
Japan vows billions for Africa amid rising Chinese influence
Japanese Prime Minister Fumio Kishida has pledged $30 billion in an effort to counter China's influence on the continent as Tunisia hosted the eighth Tokyo International Conference on African ...
Hottest Tokyo Prices Since 1992 Ramp Up Heat on BOJ Messaging
The cost of living in Tokyo rose at a quicker-than-expected pace in August to reach the fastest clip since 1992 excluding tax-hike years, adding to the communication challenges for the Bank of ...
Troubles mount for Indian crypto exchanges as ED turns on the heat
Coinswitch, one of Indias largest crypto exchanges, became the latest entrant to the list of beleaguered entities that are being probed by the agencies and tax officials this week.