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'Bad batch' or flawed design? Compass Mining flags problems with new ASIC miners
The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.
Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
BTC and altcoin prices succumbed to this week’s negative newsflow, but sentiment analysis and on-chain data point to the possibility of a short-term bounce.
Biden budget proposes 30% tax on crypto mining electricity usage
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources.
Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO
According to Mike Belshe, the U.S. SEC’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX's alleged illicit activities.
Crypto industry braces for impact with Silvergate exit
Silvergate may not pose a systematic risk for the U. S. banking system, but it could raise risks related to banking concentration and introduce new challenges for venture capital firms sources claim.
CBDCs threaten our future, so it’s time to take a stand
Central bank digital currencies will give governments around the globe unprecedented power to surveil (and control) your financial activity.
Women in Web3 advocate for increased diversity in the ecosystem
Several women suggested that education and grassroots training can be effective tools in promoting diversity within the Web3 ecosystem.
US REPO task force names crypto as target in efforts involving $58B in sanctioned assets
Members of the task force have worked to “counter Russian sanctions evasion”, which included illicit crypto transactions and money laundering schemes.
SWIFT moves to next phase of CBDC testing after positive results
According to SWIFT, 24% of central banks will introduce a CBDC within the next couple of years.