July 7, 2023

Polygon spinoff launches test net bridge to allow for low-cost layer 2s

Avail launched a bridge to transmit data availability attestations to Ethereum, potentially allowing for lower fees on some layer 2s.   Avail, a blockchain network, has […]
July 7, 2023

Nigerian crypto tax move is ‘premature’ — Local stakeholders

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.   Obinna Iwunna, the president of […]
July 7, 2023

Google Cloud furthers Bitcoin Lightning ambitions with Voltage partnership

Lightning strikes Google Cloud as Apple closes the door on Bitcoin tipping — why a recent collaboration could bolster Bitcoin Lightning Network activity.   Google Cloud […]
July 7, 2023

George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges

The Prosecutor’s Office of Georgia alleges that billionaire George Bachiashvili misappropriated 8,253.13 Bitcoin in 2017, worth $39 million at the time.   The legal team representing […]
July 7, 2023

European trade body warns against the exclusion of DeFi from MiCA

The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization.   The Association for […]
July 7, 2023

Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads.   Elon Musk, the […]
July 7, 2023

ChatGPT sees traffic fall 10% in June after initial rush from users

Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI.   According to data estimates from […]
July 7, 2023

Canadian regulator explains stance on crypto staking, lending for investment funds

Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted.   The Canadian Securities Administrators (CSA), Canada’s main […]
July 7, 2023

‘No, we’re not smuggling people’ – Bitcoin advocate tours Europe in BTC-styled van

A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies.   La […]
July 6, 2023

UAE emerges as a pro-Bitcoin mining destination in the Middle East

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.   The United Arab […]

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