Crypto News News

Paraguay Crypto Bill Axed by Lawmakers, Cheap Bitcoin Mining Prospects Disappear

Paraguayan legislators have introduced crypto legislation that addresses taxation and cryptocurrency mining. Electricity costs for mining would have been capped under the proposed

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Crypto News News

3AC Subpoenas Issued as Dispute Grows Over Claims of Terraform Dump

In addition to new allegations of collusion between Terra Luna and Three Arrows Capital (3AC), the bankruptcy judge has approved subpoenas to be

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Binance CEO Changpeng Zhao Asserts Crypto Doesn’t Need a Savior

Binance CEO Changpeng Zhao (CZ) has spoken out against what he calls “wrong narratives.” Some in the crypto community have portrayed him as

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Crypto News News

Nigeria Bans ATM Cash Withdrawals Over $225 a Week to Force the Use of CBDC

The Central Bank of Nigeria imposed the restrictions as part of a larger effort to promote the use of digital financial transactions. To

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Fir Tree Fund Sues Grayscale in Effort to Force Changes to Bitcoin Trust

Hedge funds based in New York are demanding that Grayscale reveal details about its flagship Bitcoin trust, which the funds believe may indicate

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Ethereum May Consider DAO Stablecoins for the Future as ETH Slides

Vitalik Buterin, one of Ethereum’s [ETH] co-founders, wrote on 5 December that DAO stablecoins may be crucial to the platform’s long-term success. The

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Crypto News News

Blockstream Raising Funds for Mining at 70% Lower Company Valuation

According to CEO Adam Back, the new funds will be used to increase the company’s mining capacity. Bear market conditions aren’t ideal for

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Crypto News News

FTX Saga Continues as this Committee Chair Insists on Getting SBF’s Testimony

The story of the insolvent exchange, FTX, continues to gain momentum as more companies disclose their exposure to the platform. Sam Bankman-Fried, the

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Polygon Network Growth Slumps, Where Will MATIC Price Go? 

The Polygon MATIC price has been relatively stable on the daily chart, in spite of the fact that it has been increasing rapidly

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Crypto News News

Nexo, a Crypto Lender, Says it is Leaving the U.S, Citing a “Dead End” in the Regulatory System.

Nexo, a platform for lending cryptocurrency, says it is “phasing out” its U.S. operations because it has to deal with a lot of

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