The recently published Democratic National Committee 2024 Party Platform failed to include any mention of Bitcoin, cryptocurrency, or blockchain technology. This omission stands in stark contrast to the Republican Party’s platform, which explicitly promised to end the anti-crypto crackdown initiated by President Biden and the Democratic Party. The ninety-two-page document focused on key issues that
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The Nigerian Federal Inland Revenue Service (FIRS) has recently announced plans to introduce legislation to tax the rapidly growing crypto sector in the country. This move is seen as a step towards driving economic growth and innovation, as well as modernizing Nigeria’s regulatory framework to incorporate new technologies that have previously been unaddressed by existing
The Lost Glitches is a captivating card game that transports players into a futuristic setting, where they take on the role of Glitches in a quest to reclaim their lost memories. The game’s storyline and depth provide an immersive gaming experience that keeps players engaged and coming back for more. At the core of The
Hut 8 Corp. recently reported a net loss of $71.9 million in the second quarter of 2024, despite a significant 72% increase in revenue to $35.2 million compared to the same period last year. The company attributed this loss to a $71.8 million loss resulting from the fair value adjustment of its digital assets, driven
Norway, a country in northern Europe with a population of nearly 5.5 million, has made significant investments in Bitcoin stocks totaling around $1.7 trillion. This year, the government has increased its holdings of Bitcoin, now indirectly owning 2,446 BTC through its investments in crypto stocks. This move showcases a bullish stance on Bitcoin and highlights
TeraWulf’s second-quarter earnings report revealed a 21% decrease in the amount of BTC mined compared to the same period last year. This decline in production is concerning as it indicates a possible inefficiency or issue within the company’s mining operations. With the volatile nature of cryptocurrency mining, any decrease in production can have significant financial
Intersect, the organization overseeing the Cardano blockchain’s development, has recently issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for Chang Upgrade #1. This call stems from the need for crypto exchanges and decentralized apps to upgrade to node 9.1.0 and report their progress to ensure the success of
Ethereum, one of the leading altcoins in the cryptocurrency market, has been facing challenges in keeping up with its competitors. Market researcher and analyst DeFi Ignas has conducted a profound analysis of the bullish and bearish scenarios for Ethereum, shedding light on its current situation and future prospects. Over the past two years, Ethereum has
A recent ruling by the Dubai Court of First Instance has made waves in the employment landscape of the United Arab Emirates. This landmark decision recognizes cryptocurrencies as a valid mode of salary payment, highlighting the increasing adoption of digital assets in the region. The case in question involved a plaintiff suing their former employer
Samuel Edyme, fondly known as HIM-buktu, is not your average web3 content writer and journalist. His journey into the crypto universe is nothing short of cinematic. What started as a run-in with a Ponzi scheme that lured him in using crypto as payment, turned into a turning point in his life. Instead of being deterred
