Nowadays, the miners and the market are facing a crisis. The public mining firms expressed their concern through financial statements that the firms had to increase the sale of cryptocurrencies by four times to meet their needs. In May, public mining firms…

BTC mining operations need more electricity than other customers, so PUD Commissioners decided to charge the bill with the newly increased rates from BTC miners in Chelan County and Washington. 560 KPQ reported recently that electricity rates have increased by nearly 29…

Galaxy Racer, an esports institution based in Dubai, has started a partnership with QUINT (a crypto firm). In this contract, Galaxy Racer has invested $25 million (~£19.78 million) into the crypto ecosystem of QUINT. The token of QUINT will be incorporated into…

In a unique development linked to East Asia, Bitbank (a crypto exchange within Japan) declared a collaboration with Sumitomo Mitsui Trust Holdings (a financial holding firm) with the target of developing JADAT (Japan Digital Asset Trust). As per a declaration made recently,…

On April 1st of this year, Indians officially started paying a 30% tax on income generated through crypto transactions. Finance Minister Nirmala Sitharaman announced the new tax back in February, together with another 1% tax on crypto exchanges, which will kick in…