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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Aastaid

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Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures…

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

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2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

Endine Coinbase'i täitja Balaji Srinivasan lõpetab tegevuse $1 Miljoni Bitcoini panus

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Coinbase'i endine tehnoloogiajuht, Balaji Srinivasan, lõpetas varakult kihlveo, et bitcoini hind tabab $1 juuni keskpaigaks USA hüperinflatsiooni ajal. dollarit. Srinivasan maksis kokku $1.5 miljonit, rohkem kui algselt…

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’

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Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” ta rõhutas, emphasizing: “You have the worst of both worlds.” USA….

Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag

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Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on…

Jeffrey Tucker ütleb, et dollar kukutatakse troonilt, Venemaa ametnik räägib dedollariseerimisest, ja pilk ajaloolisele osareservide pangandusele Itaalias – nädala ülevaade

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Bitcoini pooldajatel, kes silmitsevad fiati ebaõnnestumisi, pole viimasel ajal selleteemalistest uudistest puudust, mitme ametnikuna, majandusteadlased, autorid, ja analüütikud üle maailma on kaalunud “de-dollariseerimine” viljakal moel. Autor ja libertaar…

China Warns of Global Financial Instability From US Economic Policies

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

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Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per…

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

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USA esimees. Väärtpaberi- ja börsikomisjon (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, kongresmen…

BRICS De-Dollarization Push, Hiina, and Crypto Threaten US Dollar’s Dominance: Analyst

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Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China…