Mario Abdo Benítez, the President of Paraguay, has recently vetoed legislation on crypto mining. The legislation labeled crypto mining in the country as an industrial operation. President Benítez Vetoes Crypto Mining Bill Benítez argued that the enormous power usage of mining might impede the growth of a healthy national industry. According to the presidential decree,…
On August 29th, Veve, a digital collectibles firm, announced a new partnership with Marvel. According to the report, Veve has launched NFT covers from three 3 Marvel comic book designers. The NFT collection is dubbed Marvel Artworks and would be a limited edition. Also, it would feature book covers of Black Panther and Spider-Man. Veve…
Since the news of the Ethereum Merge slated for September, several DeFi protocols and platforms have shown support for the Merge. However, others have noted that their services would seize to operate on the network following the Merge. Meanwhile, a recent report by DappRadar noted that Ethereum’s move to the PoS consensus mechanism could affect…
Today, at 10 A.M ET, Federal Reserve Chair, Jerome Powell, gave a talk regarding squashing the inflation rate down to the two percentage range always intended. According to him, the interest rate will continue rising until inflation gets put to bed. Almost immediately after his speech, the market took a sharp downturn. A look at…