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Crypto News
Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike
The 6,000% increase in taxes per kilowatt hour of energy will likely kill any potential bitcoin mining investments in the country.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation.
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.
U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting…
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate.
How CoinDesk Will Use Generative AI Tools
AI tools for generating content are changing the way we work – especially the media. Here are the rules of the road for CoinDesk.
World’s Most Influential Central Banks’ Balance Sheets Look to Have Troughed
The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year.
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors and the company is preparing to welcome retail users in "coming months."
Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens
Bitrue said the affected wallet contained “less than 5%” of overall reserves.
TradFi Remains the Counterparty of Choice for Institutional Crypto Investors: Bank of America
Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said.