Malaysian utility companies are pushing back against Bitcoin mining operations over claims of electricity theft. Tariff Proposed To Curb Electricity Loss A utility company in Malaysia wants a special tariff on Bitcoin miners to counter the loss of funds due to energy-heavy mining operations. Tenaga Nasional Berhad…
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Immutable, the startup behind the NFT Layer 2 scaling network Immutable X, has raised $200 million and is now valued at $2.5 billion. The post NFT Layer 2 startup Immutable raises $200 million, now valued at $2.5 billion appeared first on The Block.
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A number of prominent cryptocurrency exchanges have defied calls from Ukrainian politicians for a unilateral freeze on all Russian accounts, citing crypto’s libertarian ideals to justify their decisions.  Ukraine Vice Prime Minister Mykhailo Fedorov on Sunday called for a ban on all Russian cryptocurrency trades on major…
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Mass migration of liquidity from the Fantom DeFi ecosystem has ensued following developer Andre Cronje’s reported departure from the crypto industry. The post Fantom TVL slumps as colleague tweets Andre Cronje is quitting DeFi appeared first on The Block.
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According to new documents that have emerged, the lawsuit between the US Securities and Exchanges Commission and cryptocurrency company Ripple would likely end between the third and fourth quarter of 2022.  Court Order Indicates An End Attorney Jeremy Hogan has reason to believe that the SEC vs.…
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From today, Behance is offering users of the Solana blockchain the ability to showcase their proprietary NFTs by connecting their Phantom Wallets directly to Behance.  Behance is a powerful force in the creative field. With over 10 million users, Adobe’s social media platform allows creative artists to…
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Cryptocurrency is a dynamic industry changing at the speed of light, with new layers,… The post Andre Cronje quits DeFi, but life will go on appeared first on Coin Journal.
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Bitcoin (BTC/USD) remained depressed below some key technical levels early in the Asian session as the pair traded below the 38315.41 area, representing the 38.2% retracement of the recent depreciating range from 45855 to 34322.  This low was also below the 61.8% retracement of the recent appreciating…
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Steve Wozniak has shared his appreciation of Bitcoin in an interview where he described the cryptocurrency as “pure gold”.  In the interview with Business Insider, Apple co-founder Steve Wozniak spoke about what he considered when investing, noting that many cryptocurrencies are “rip-offs”. Wozniak also added that many…
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The rapporteur for the draft regulation has apparently managed to get votes in order for the latest draft of the Markets in Digital Assets regulation. The post New committee voting date for European Parliament’s crypto law is next week appeared first on The Block.
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