Regulation
Kevin O’Leary Backed Bitcoin Miner to Locate HQ in North Dakota
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state. Source link
Month: June 2022
Ethereum
US Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being […]
Bitcoin
Bitcoin Falls Below $30k As 10k BTC Flow Into Gemini
On-chain data shows crypto exchange Gemini observed around 10k BTC in inflows yesterday as Bitcoin’s price declined below $30k. Bitcoin Exchange Inflows Spike Up As BTC Price Falls Down As pointed out by an analyst […]
Market Analysis
LUNA 2.0 Trading Volume Surpassed $2 Billion in May
LUNA 2.0 saw huge investor interest in May after the revival of the Terra project, which saw the old digital currency and its network rebranded to Terra Classic (LUNC). LUNA 2.0 trended in the last […]
Regulation
Chipotle Now Accepting Cryptocurrency Payments at US Locations
This isn’t Chipotle’s first move into digital currency. Last year, Chipotle announced it would give away $100,000 in free burritos and $100,000 in bitcoin to celebrate National Burrito Day. This year, Chipotle launched its own […]
Ethereum
The Future of Crypto Regulation
The “Regulation” exploration, taking place in the ACC Ballroom A on Friday, June 10 at 1:00 p.m. CT, will feature three panels with representatives from the Federal Reserve Bank of Richmond, industry associations and law […]
Bitcoin
As Polygon Courts Terra Developers, It Takes Shots at Solana
As Polygon Courts Terra Developers, It Takes Shots at Solana Source link
Market Analysis
Planned Crypto Mining Operation in Washington Faces Backlash From Residents
After being abandoned for over a year, Ponderay Newsprint Mill is opening its doors again, but this time, it will not be printing paper. Instead, the mill will be mining cryptocurrencies thanks to a new […]
Regulation
A16z Says DAOs May Be Better Off Filing Legal Papers, Paying Taxes
The challenge is keeping a DAO decentralized while allowing it to meet the tax requirements and other practical demands of a business or nonprofit. Using well-trodden, offshore strategies to avoid taxes “could substantially increase the […]
Ethereum
Institutional Investors Turn To Competitors As Ethereum Tumbles
As the crypto market has taken a turn for the worse, institutional investors are phasing out their investments in Ethereum. The digital asset had been the victim of multiple outflows that had tanked its total […]