Decentralized mapping network company Hivemapper has raised $18 million in a Series A funding round. The post Hivemapper raises $18 million to create decentralized mapping network appeared first on The Block.
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Intel, the tech industry's largest semiconductor chip manufacturer by revenue, has launched a new application specific integrated circuity (ASIC) designed for mining proof-of-work blockchains that use SHA-256 encryption such as Bitcoin and Ethereum. Officially named as Blockscale, the new mining chip is reportedly designed for energy-efficient blockchain…
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The ongoing Ripple vs SEC saga continues, with the lawsuit filed against Ripple by the SEC for  allegedly trading the XRP token as an unlicensed security asset revealing the need for clearer regulation within the industry. Ripple’s Attorney has commented on recent developments, and predicted further lawsuits…
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Indonesia is expected to introduce a 0.1% crypto VAT tax as well as income tax of the same rate on May 1 following major reforms last year The post Indonesia to Introduce 0.1% Crypto VAT, Income Tax Next Month appeared first on Blockworks.
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Bitcoin will eventually become a viable currency, according to Lummis The post Senators Warren, Lummis Divided on Digital Asset Value, Agree on Regulation appeared first on Blockworks.
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Fabio Panetta reveals that the EU needs to prioritize the acceptance of a digital euro in physical stores. He says the group aims to maintain high privacy standards to maintain users’ trust. As per Christine Lagarde’s statement last year, a digital euro can roll out in 2025.…
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South Korea recently elected pro-crypto Candidate Yoon Suk Yeol as their President. Now, The Korea Federation of Banks (KFB) and its member banks are seeking approval from the incoming administration over providing crypto services. As of now, the government prohibits local banks from cryptocurrency related operations. KFB…
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Sheena Shah, lead cryptocurrency strategist at Morgan Stanley, in a podcast on Thursday, said cryptocurrencies could start to become a currency as it continues to challenge the dominance of the US Dollar. Crypto has begun a cycle of increased stability and popularity, as consumers and businesses continue…
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The ETH version of Rocky Inu’s token, which was previously available only on the Binance Smart Chain (BSC) platform, is soon to go live. Rocky Inu has created a project intending to attract the market’s attention by taking advantage of the Shiba Inu coin (and similar) mania.The Rocky…
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The week was particularly exciting and filled with many events on all sides of the spectrum. From the Azuki airdrop to the Ronin bridge hack - there are no boring days in crypto.
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