Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
According to the Chinese journalist Colin Wu, in any other case generally known as “Wu Blockchain,” the cryptocurrency firm Huobi could lay off 30% of...
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
The just lately reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the native crypto group. This week, the nation’s energy distribution firm ordered...
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary buying and selling of NFTs, a press report has revealed. Accounts providing transaction channels...
Russian Parliament to Review Bill Prohibiting Crypto Payments
Legislation making it unlawful to pay with cryptocurrencies has been filed with the State Duma, the decrease home of Russia’s parliament. The sponsors of the...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and felony legal responsibility for cryptocurrency mining, Abkhazia continues to search out underground services for digital foreign money extraction. This week,...
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
An op-ed article printed within the state-backed Chinese publication Economic Daily, has urged that the latest crash of the Terra blockchain’s LUNA and the de-pegging...
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
A push to ban the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by nearly all of lawmakers. The ban had been steered...
National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia
The central financial institution of Ukraine has launched extra restrictions on worldwide transactions that may forestall Ukrainians from shopping for crypto property overseas with the...
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have determined to take care of a ban on cryptocurrency mining within the territory. The partially acknowledged republic within the South Caucasus...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
A high-ranking consultant of the Ministry of Finance in Moscow sees no level in banning crypto mining in Russian households as it might be onerous...