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“# Russian ministry wants to legalize Bitcoin mining in specific areas ” While the Russian government continues to work out a regulatory regime for digital assets, a federal ministry has made another proposal regarding the crypto mining industry. Russia’s Ministry of Economic Development has greenlighted the concept of crypto mining regulation in the country, proposing…
“# VC Roundup: Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure ” Venture capital funding in the cryptocurrency market is showing no signs of slowing, as major investors continue to back promising startups in niche industries spanning the metaverse, nonfungible tokens (NFTs) and GameFi. Cointelegraph’s new series, VC Roundup,…
“# Super Bowl 2022: Here’s the scoreboard of crypto ads ” Super Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship and for business, a fair sign of making it in the real world. This year, however, marked a new milestone for the crypto community as FTX, eToro,…
“# 4 factors to consider when choosing an industrial-scale Bitcoin mining location ” Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty…
“# P2P payments spurred crypto adoption across Venezuela in 2021 ” For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible. In a more dynamic economy with a higher volume of operations…
“# Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin ” Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 Bitcoin (BTC) — worth $72 million at the time. The Netflix documentary will be centered around…
“# Hungary’s central bank chief wants EU-wide crypto trading and mining ban ” György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union. Governor Matolcsy cited the recent crypto ban imposed by China in a blog post shared by the Hungarian…
“# Interstellar Enigma diamond sold for $4.5M in crypto ” A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction. The diamond has baffled geologists over its origin, where it’s still not clear whether it came from outer space or was…
“# MakerDAO launches biggest ever bug bounty with $10M reward ” MakerDAO has announced that it will begin offering a maximum of $10 million bounty to white hat hackers and cybersecurity specialists who point out legitimate security threats in its smart contracts. Maker’s (MAKER) plan to front-run attacks on its smart contracts is the largest…
“# Digital yuan transactions beat out Visa at Winter Olympics venue: report ” On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa. In a Wednesday report from the Wall Street Journal, a person familiar with…