Crypto Mining in Russia: New Restrictions Rolled Out Across 13 Regions

Russia’s new measures aim to limit crypto mining in energy-heavy regions to prevent excessive consumption, with miners required to report activities and adhere to new power usage limits. Alongside energy restrictions, Russia introduces crypto-specific tax rules, treating digital assets as property, while legalizing Bitcoin mining for international trade, signaling a regulated crypto market. President Vladimir…

Read More

DCG launches Yuma to fuel decentralized AI innovation with Bittensor

Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor’s infrastructure.  According to the firm’s statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.   DCG founder and CEO Barry Silbert will lead Yuma and…

Read More

Elon Musk, Vivek Ramaswamy Outline Bold D.O.G.E US Workforce Plan: Details

Elon Musk and Vivek Ramaswamy recently presented a comprehensive strategy aimed at reducing the federal workforce under the guidance of President-elect Donald Trump. Their proposal emphasizes a large-scale reduction of federal employees, which they argue will become feasible through the elimination of numerous regulations. Elon Musk and Vivek Ramaswamy Unveil Plan To Slash US Workforce…

Read More

Cardano’s Transaction Volume Hits $52.26B, a Seven-Month High

Cardano (ADA) has been making headlines with a remarkable resurgence in transaction and whale activity, reaching levels not seen since June. The blockchain has recorded $52.26 billion in transaction volume this week, setting a seven-month high. This notable increase is being accompanied by a significant spike in large transactions by whales, with over 8,900 whale…

Read More

Sky (Formerly Maker) Announces USDS’s Debut on Solana Blockchain

Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s…

Read More