Today is Groundhog Day in the United States – the day when local residents gather around “Punxsutawney Phil” to watch if they see his shadow, which is a superstitious sign that there are six more weeks of winter ahead. Bitcoin…
Our weekly news from East Asia organizes the most important industry developments. Huawei moves to trademark NFT According to a January 28 report by Sina News, Chinese telecommunications giant Huawei recently filed for eight trademarks related to Huawei’s “YunYunBao” nonfungible…
According to local media reports, the owner of South Korea’s largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday on charges of fraud and stock manipulation. Kang Jong-hyun, the de facto owner of local crypto exchange Bithumb, has…
In this week’s newsletter, read about how Moonbirds founder Kevin Rose lost more than $1.1 million worth of nonfungible tokens (NFTs). Find out why NFT collectors are suing NFT marketplace OpenSea for locking their accounts for three months and how…
A report has revealed how integrating Bitcoin mining into a solar storage system can increase the scalability and reliability of the grid. Bitcoin Mining Property Means It Is Compatible With Solar Energy Systems There are many challenges that come with…
Ether (ETH) has been struggling with the $1,680 resistance since January 20. However, the ascending triangle pattern and the improvement in investor sentiment in ETH derivatives provide hope that the price of Ether could reach $1,800 or higher by the…
The bitcoin mining company is reaping the rewards of its expansion as it has a record month of solid reliability. CleanSpark has reported that the company mined a record 697 bitcoins in one month, a 50% increase from the number…
Digital currencies are gaining popularity as several countries have started launching their own central bank digital currencies (CBDCs) while promoting their adoption. In today’s news, India’s largest retail chain, Reliance Retail, announced that it has added support for CBDC digital…
South Carolina Senator Tim Scott, the ranking Republican member of the United States Senate Banking Committee, is reportedly planning to develop a “bipartisan regulatory framework” for cryptocurrencies. According to a February 2 report from Politico, Scott included the crypto framework…
Digital gold mining companies face a more severe drawdown than their legacy counterparts in 2022. The narrative citing Bitcoin’s popularity as “digital gold” begs for comparison with the actual yellow metal. But since the advent of Bitcoin, the comparative perspective…