With the recent regulation in the crypto sector, several states have introduced crypto-mining fees. This is due to the high amount of power consumed by crypto miners. In the western part of the United States is Washington. Most of the state’s electricity is provided by hydroelectric power. The state has increased mining fees to reduce…
In recent news, the Reserve Bank of India (RBI) has shown massive support for CBDCs. The central bank believes that the widespread adoption of CBDCs will end the era of private cryptos. RBI Believes CBDCs Will Overshadow Crypto According to the Indian Times, the deputy governor of the RBI, Rabi Sankar does not support crypto….
It hadn’t been long since the Terra network ended up collapsing due to the problem with the algorithm behind the UST. To fix the problem, Terraform Labs announced that they will be launching a new token. The token also named ‘LUNA’ would be the alternative to the old Terra token. Is the New Token Being…
So far, two weeks have passed since the TerraUSD (UST) crash happened. Since then, the situation has been pretty dire for the entire Terra community. There is a lot of uncertainty and concerns among the Terra community due to the crash of UST. Now, they are eager for the teams behind the Terra network to…