News

Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation …

This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower Leggi altro »

India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system is the prerequisite for the decision on the GST rate,” a source told local media. India’s Goods and Services Tax Could Soon Apply to …

Indian Government Working on How GST Tax Could Be Applied to Crypto Leggi altro »

The team at Sphinx is using the Validating Lightning Signer architecture to separate the keys from the Lightning node using a dedicated signing device. The below is a direct excerpt of Marty’s Bent Issue #1264: “Don’t underestimate human creativity.” Sign up for the newsletter here. It’s true what they say: Bear markets are for building. …

Validating Lightning Signer Separates Keys From Nodes Leggi altro »

The CEO of Relai brings up some important considerations for the possibility that the U.S. dollar fails to maintain its status of world reserve currency. This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Julian Liniger to talk about fundamentals of Bitcoin …

What Happens If The U.S. Dollar Loses Reserve Currency Status? Leggi altro »

Inspired by El Salvador’s Bitcoin Beach, a town in Guatemala is focused on cleaning its lake by diverting used cooking oil to bitcoin miners. A circular bitcoin economy in Guatemala is using resources that would otherwise be wasted to fuel a local bitcoin mining operation, giving its resident financial autonomy and demonstrating a viable economic …

Visit The Guatemalan Lake Town Mining Bitcoin With Used Cooking Oil Leggi altro »

While the report didn’t create any new regulations, it still serves as a foreboding message to bitcoin miners. This is an opinion editorial by Robert Hall, a content creator and small business owner. The White House Office of Science and Technology Policy issued a report warning that mining uses a great amount of energy and …

Biden Administration Targets Bitcoin Mining In New Report Leggi altro »

The Federal Reserve hiked interest rates by three-quarters of a percentage point for the third consecutive time, sending Bitcoin below $19,000. The Federal Open Markets Committee (FOMC) raised U.S. interest rates by 75 basis points on Wednesday, the third hike in a row of such a size as it wrestles with stubborn inflation levels. The …

Fed Goes Big Again With 75 Basis Point Hike In Bid To Curb Inflation Leggi altro »