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Article by Steve Kaaru

Axie Infinity maker Sky Mavis trims 21% of workforce
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28 November, 2024

Axie Infinity maker Sky Mavis trims 21% of workforce

Sky Mavis CEO Nguyen Trung insisted that the layoffs aren’t due to financial constraints, but Axie Infinity NFTs have lost...
CFPB finalizes digital payments rule, excludes digital assets
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27 November, 2024

CFPB finalizes digital payments rule, excludes digital assets

In its original proposal, the CFPB wanted to oversee digital asset wallets, but after opposition from some lawmakers and industry...
Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
BTC miner DMG Blockchain expands after $16M fundraising
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26 November, 2024

BTC miner DMG Blockchain expands after $16M fundraising

The Canadian company has purchased Bitmain hydro miners for $5 million, which will be installed in February, bringing its total...
European Investment Bank issues €105M digital bond on HSBC Orion
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26 November, 2024

European Investment Bank issues €105M digital bond on HSBC Orion

Elsewhere, SBI and UBS have launched a pilot utilizing smart contracts to automate the administration of tokenized funds under Singapore’s...
Compass Mining breaks ground on new mining facility in Iowa
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25 November, 2024

Compass Mining breaks ground on new mining facility in Iowa

Compass Mining has expanded operations or launched new facilities across Indiana, Ohio, Texas, Nebraska, and Kentucky this year, as peers...

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