The government of Paraguay is taking a firm stance against illegal Bitcoin miners by proposing a bill that could potentially jail offenders for up to 10 years. This bill, which has been sent to parliament urgently, aims to punish illegal miners with multiple years in prison. Additionally, the draft law would allow Paraguayan police and
Blockchain
The global cryptocurrency market has experienced some fluctuations in the past 24 hours, with the overall market capitalization down by 0.6%. While some coins have seen a decrease in their prices, others have managed to perform well. For instance, Stacks (STX) and BONK witnessed significant drops, while Chainlink (LINK) and Arweave (AR) recorded notable increases.
The recent collaboration between social media giant Reddit and OpenAI has caused quite a stir in the AI development community. The partnership, which allows OpenAI access to Reddit’s data API, has opened up new possibilities for the integration of AI-powered features on the platform. This move has not only impacted Reddit’s stock value but also
The Shiba Inu ecosystem recently underwent a significant transformation with the successful transition of its decentralized exchange, ShibaSwap, to the Shibarium blockchain. This upgrade introduces a plethora of new features and enhancements, signaling a major milestone for the Shiba Inu community. Notably, ShibaSwap has evolved from a basic exchange platform to a sophisticated, multi-chain decentralized
Recently, two South Korean police officers have been put on trial for their involvement in an alleged bribery scandal that is connected to a high-profile crypto fraud case. The Gwangju District Court’s Criminal Division has started the trial of a 59-year-old superintendent police officer, referred to as “A” for legal reasons, and a 57-year-old police
In a surprising turn of events, Huobi HK, a subsidiary of HTX, has decided to withdraw its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC) for the second time. This decision has raised questions about the future of the company in the region and has highlighted the challenges faced
Audrey Ou, CEO and co-founder of TRLab, is a prominent figure in the world of digital art and Non-Fungible Tokens (NFTs). As an Ivy League graduate of Princeton University and Columbia University, Ou brings a unique perspective to the intersection of fine art and technology. Her background growing up in the art world, with her
Bitfarms, a prominent Bitcoin mining company, made headlines recently as CEO Geoffrey Morphy was ousted following a $27 million lawsuit against the company. The sudden departure of Morphy and the subsequent legal battle have raised questions about the leadership and stability of Bitfarms. Morphy’s lawsuit, filed in the Superior Court of Ontario, alleges damages related
President Joe Biden’s approach to cryptocurrency has sparked concerns among industry experts and advocates. With the 2024 elections looming, there is a growing discussion about how Biden’s stance on crypto could affect his chances of being re-elected. Uniswap founder Hayden Adams recently highlighted the potential risks associated with President Biden’s crypto policies. He expressed fears
Franklin Templeton CEO Jenny Johnson recently expressed her enthusiasm for blockchain technology during an interview, stating that she believes ETFs and mutual funds will eventually be stored on the blockchain. With a significant portion of the firm’s business already allocated to mutual funds, Johnson sees the efficiency and cost-effectiveness of blockchain as a game-changer in
