Monthly archives: November 2024

A blockchain education expert believes that learning about blockchain is crucial for the safe and effective use of Web3 technology. Blockchain Education: Fragmented and Inconsistent According to Pauline Cohen Vorms, co-founder of the Polkadot Blockchain Academy, blockchain education is essential for the adoption of Web3 technology. Vorms, a veteran educator, added that the growing list …

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Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $5 billion in 2024, according to theminermag.com. The report also revealed that Q3 had the biggest property, plant, and equipment …

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Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration. The five crypto exchanges …

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A coalition of Canadian media organizations has launched a lawsuit against OpenAI, claiming the company’s ChatGPT product infringed copyrights by utilizing their journalism without authorization, according to a Nov. 29 court filing. The plaintiffs include prominent outlets such as CBC/Radio-Canada, The Toronto Star, and The Globe and Mail. They are seeking damages and an injunction …

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Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this transition, noting that the share of “toxic” currencies — namely the U.S. dollar and euro — dropped …

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Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges. Jim Cramer: ‘I’ve Liked Crypto for a Very Long Time’ Jim Cramer, host of CNBC’s Mad Money, defended his support for cryptocurrency on Tuesday, recommending bitcoin and ethereum as portfolio …

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Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark Law Russian President Vladimir Putin has signed a law officially designating digital currencies as property, laying the groundwork for taxation and regulation within the …

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Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according to …

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Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been laid out and that states should “run with it.” Russian Deputy Foreign Minister: BRICS …

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Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko. According to …

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