Russian crypto miners may face higher electricity bills next year, but the development could allow miners to continue their trade without further scrutiny from energy providers. It is thought that energy providers may even assist them in setting up their operations in ways that place less strain on local grids.
Marathon Digital is expanding its offerings after purchasing a record number of Antminer S19 XP (140 TH/s) bitcoin miners from Bitmain, the Nasdaq-traded MARA announced on Thursday. This comes as demands for crypto are soaring and crypto mining is a hot topic.
Russia’s Central Bank has revealed its vision for crypto regulation. However, the process behind regulating crypto in the country is proving to be painfully slow and developing a new framework appears to be frustrating for many of the experts involved.
The official Financial Crimes Investigation Board of Turkey (MASAK) has handed cryptocurrency exchange Binance a fine of the maximum amount of TL 8 million ($750,000). The fine has been handed out to the exchange for disobeying the country's new regulations.
A number of crypto firms in Japan have pushed for authorities to change tax policies that are reportedly driving them out of the country. Recent government policy announcements indicate their calls are unheeded.
A recent Twitter thread about whether ‘Web3’ is something worth fighting for, or if it’s simply a term made up by venture capitalists as a way to make money, is taking the crypto community by storm today. Everyone from Jack Dorsey to Elon Musk and well-known venture capitalists joined the online battle, sharing their views on the future of the web.
Crypto exchange giant Kraken has acquired non-custodial staking platform Staked. The acquisition will enable the exchange to offer an alternative to its existing staking service, according to an announcement made by the exchange earlier today.