Tech

5 February

Russia Plans ‘National Registry’ for Crypto Mining Gear Amid Energy Crackdown

In a significant move to regulate its growing crypto mining industry, Russia’s Energy Ministry has proposed the creation of a “National Registry of Crypto Mining Hardware”. This initiative comes as the government seeks to monitor and control energy consumption linked to cryptocurrency mining, a sector that has boomed due to Russia’s relatively cheap electricity. Why Is Russia Creating a Crypto …

5 February

Seoul Districts Target Crypto Assets in Intensified Tax Crackdown

In a major escalation of its efforts to collect unpaid taxes, districts across Seoul have begun targeting cryptocurrency assets as part of a broader crackdown on tax evasion. The move signals South Korea’s increasingly aggressive stance on regulating digital assets, as local governments seek to clamp down on crypto holders suspected of underreporting their earnings. Why Are Seoul Districts Focusing …

5 February

President Trump Signs Executive Order to Establish U.S. Sovereign Wealth Fund 🇺🇸

In a move aimed at strengthening the U.S. economy, President Donald Trump has signed an executive order calling for the creation of a U.S. Sovereign Wealth Fund (SWF). The new fund is designed to manage and invest national savings, with the goal of providing long-term financial stability and enhancing economic growth. This bold initiative comes as the U.S. continues to …

5 February

Ohio Lawmaker Unveils Second Bill to Create State Bitcoin Reserve

In an ambitious move to position Ohio as a leader in cryptocurrency adoption, a state lawmaker has introduced a second bill aimed at creating a state-run Bitcoin reserve. This proposal, which builds upon a previous attempt, seeks to establish Ohio as one of the first states in the U.S. to officially hold and manage Bitcoin as part of its state …

5 February

WazirX Warns $234M Hack Repayments Could Be Delayed Until 2030

In a shocking update to users, WazirX, one of India’s largest cryptocurrency exchanges, has warned that repayments related to the $234 million hack that occurred last year may be delayed until 2030. The announcement has raised concerns among users who were affected by the hack, as well as the broader crypto community, about the long-term recovery prospects for both the …

5 February

China Strikes Back: Finance Ministry Imposes Tariffs in Response to U.S. Trade Measures

In a fresh escalation of trade tensions, China’s Finance Ministry has announced a new set of retaliatory tariffs against the United States in response to recent U.S. trade measures. The move underscores the deepening economic standoff between the world’s two largest economies, with both nations imposing tit-for-tat trade restrictions that could impact global markets. China’s Retaliatory Tariffs: What’s Changing? The …

5 February

U.S. DOJ Charges Canadian National in Multi-Million Dollar Crypto Fraud Scheme

In a significant move against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has charged a Canadian national in connection with a multi-million dollar crypto fraud scheme. The individual, identified as [Name Redacted], allegedly orchestrated a complex scheme that defrauded investors of millions of dollars through the sale of fraudulent cryptocurrency investments and fake digital assets. What Happened? The DOJ’s …

5 February

Trump’s Tariffs Trigger Crypto Sell-Off, Ether Drops 26%

In a stunning market reaction, Ether (ETH) has seen a dramatic 26% drop following the announcement of new tariffs by former U.S. President Donald Trump. The decision to impose economic sanctions has created turbulence in both traditional markets and the cryptocurrency space, leading to widespread panic selling, particularly among altcoins like Ether, which is the second-largest cryptocurrency by market capitalization. …

5 February

Coinbase Urges U.S. Regulators to Greenlight Bank Crypto Services

In a bold move to foster greater mainstream adoption of cryptocurrencies, Coinbase, one of the leading U.S.-based cryptocurrency exchanges, has called on U.S. regulators to allow banks to offer crypto-related services. The company believes that such a move would not only help legitimize digital assets but also provide a safer and more secure pathway for traditional investors to access the …

3 February

Trump Tariffs Spark Crypto Sell-Off as Ether Dips Over 26%

The latest round of trade tariffs introduced by former President Donald Trump has triggered a sharp sell-off in the cryptocurrency market, with Ethereum (ETH) taking a particularly heavy hit, dropping over 26% in recent days. Investors are reacting to the renewed economic uncertainty, and many have begun pulling out of riskier assets, including digital currencies. The Ripple Effect of Trump’s …