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Cryptocurrencies like Bitcoin are transforming finance, but many of our laws are outdated and ill-suited for this new technological reality. As cryptocurrency adoption grows, we need to re-examine laws to recognize that cryptocurrency is fundamentally about knowledge rather than physical possession. Outdated laws risk hindering innovation in this space. The key innovation of cryptocurrency is […]
Bitcoin mining company Sazmining has opened its newest 100% renewable energy facility in Paraguay. The company operates customer-owned Bitcoin mining rigs on their behalf, taking a 15% commission for the service. Its new facility will get power from Itaipu Dam, the country’s largest hydroelectric dam. Located on the border of Paraguay and Brazil, the structure […]
The Ethereum Foundation, a non-profit organization responsible for developing and promoting Ethereum, has converted 1,700 ETH worth $2.76 million to Circle’s USDC stablecoin. Crypto analytics firm Scopescan reported the transaction this morning as the foundation converted Ethereum for USDC via Uniswap. In a report from April 2022, the Foundation disclosed it had around 395,000 ETH […]
Yuga Labs, the $4 billion startup behind the Bored Ape Yacht Club and other prominent NFT projects, announced Friday that it has restructured the company and eliminated certain roles as a result, leading to layoffs. In a team email that was also shared publicly, Yuga Labs CEO Daniel Alegre wrote that he believed the startup […]
n the rapidly evolving world of decentralized finance (DeFi), strategies for accumulating tokens have become increasingly sophisticated. For DeFi enthusiasts and pDAI and PLS token degens, there’s a unique opportunity to passively accumulate these tokens using a well-thought-out strategy. In this article, we’ll explore a carefully crafted infographic that outlines a strategy for accumulating pDAI […]