Elrond started an exciting collaboration with Cudos, a decentralized cloud computing network used by 300,000 businesses and individuals in over 145 countries. The Cudos validators network connects on- and off-chain resources, bridging the immutability of blockchain networks with the power of computing resources provided by a distributed network. This allowsRead More →


Iran will lift the ban on block reward mining starting September 22nd. Prior to banning Bitcoin mining, Iran accounted for 4.5% of the global hashrate. Iran has already issued 30 mining licenses to prevent additional power outages. Proof-of-Work, the consensus mechanism powering the Bitcoin network, has been criticized for itsRead More →


Taoping Inc. (TAOP) has signed a mining deal with Kazakh company Aral Petroleum Capital LLP. The MoU will see the Hong Kong blockchain firm build a cryptocurrency mining site with a total capacity of 100MW. To increase its mining capacity, TAOP has signed a purchasing partnership with Hoover Investment GroupRead More →


President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities to Inspect Crypto DisclosuresRead More →


Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. GovernmentRead More →


As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressionsRead More →


Till Lindemann, lead singer of the German metal band Rammstein, has angered Russia’s renowned Hermitage Museum with a crypto initiative. The musician seeks over a hundred thousand euros for an NFT collection containing footage and imagery shot in the cultural institution. The tokens have been created without its authorization. GermanRead More →


Currently, derivatives exchange Bitget has released its global market penetration plan on Twitter, and at the same time, they published their latest globalization data. Data shows that up to now, Bitget’s global registered users have exceeded 1.6 million, and the user base has extended to 48 countries and regions aroundRead More →


The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers. Law Enforcement Busts Cryptocurrency Exchangers in Ukraine OfficersRead More →


Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto Farms in Abkhazia DozensRead More →