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BitDigital, a Bitcoin mining company, is installing mining machines in Iceland to cope with potential mining taxes in the United States
On May 18th, the Wall Street Journal reported that BitDigital, a Bitcoin mining company headquartered in New York, is expanding its business to Iceland in an attempt to hedge the regulatory risks it faces as the Biden administration proposes to impose a cryptocurrency mining tax.Samir Tabar, CEO of NASDAQ listed company BitDigital, said that the company spent $5 million last week to purchase 2500 new Bitcoin mining machines and will place them in Iceland, marking the first time in two years that the company has shipped new computers outside the United States...
Blockchain 2023-05-19 12:52:25 -
Seize the opportunity of the metaverse and shape the development of physical industries! Qingdao builds a leading domestic and internationally advanced virtual reality industry highland
Lou Hua, Chief Journalist of Fengfeng FinanceThe metaverse is an important new carrier for the innovative development of the digital economy. As the core of the new round of Internet upheaval, the metaverse may reshape the industrial ecology, form a virtual world corresponding to the real world, and be an important force for future social change...
Blockchain 2023-05-19 07:42:12 -
Huailai Rural Commercial Bank is fully committed to promoting digital RMB
Wang JiaweiIn order to implement the requirements of management departments at all levels for promoting digital RMB, Hebei Huailai Rural Commercial Bank has launched multi-channel digital RMB promotion activities to increase the recognition, influence, and utilization rate of digital RMB in society, and help integrate digital RMB into people's lives. During the event, a total of over 2000 promotional leaflets were distributed and over 877 digital RMB households were opened...
Blockchain 2023-05-19 07:14:57 -
As Bitcoin resumes its decline, cryptocurrency related stocks show a decline
After failing to break through key multi day resistance levels, Bitcoin resumed a pullback in Tuesday afternoon trading.At 3:46 pm Eastern Time in the United States, cryptocurrencies fell 2...
Blockchain 2023-05-19 04:19:28 -
Premiums can be paid and funds stolen can be compensated! What are the expectations for digital RMB linkage insurance
The digital renminbi has currently touched multiple application scenarios in the insurance industry. On May 18th, a reporter from Beijing Business Daily learned that recently, the first digital RMB "return insurance" in Jiangsu Province was implemented...
Blockchain 2023-05-18 19:53:14 -
After the profits doubled, Tether decided to allocate 15% to increase its holdings of Bitcoin as a reserve asset
Interface News Reporter | Sima LinweiOn May 17th, Tether, the world's largest issuer of US dollar stable currency, announced that it will use a portion of its profits to regularly purchase Bitcoin (BTC) as its stable currency reserve starting this month. It will allocate up to approximately 15% of its realized investment profits (excluding any unrealized price appreciation of its reserve assets) to purchase Bitcoin and add these tokens to its reserve surplus...
Blockchain 2023-05-18 11:33:44 -
Bank of Communications Chongqing Branch Joint JD Landing Park Digital RMB Application Scenario Project
"Last year, I launched a digital RMB wallet, but I have never used it. Today, under the guidance of the bank staff, I bought some electronic products with digital currency in JD, which is very convenient...
Blockchain 2023-05-17 17:33:46 -
The founder of Coin An's "clearance" of Musk Coin Circle is confused
According to reports, Zhao Changpeng, the founder of Coin An, canceled his attention to Tesla CEO Elon Musk on Twitter. This is a surprising turning point in the cryptocurrency industry, which many people in the currency industry may not understand because Musk has always been interested in cryptocurrencies, and Coin An has recently invested heavily in Twitter...
Blockchain 2023-05-16 22:39:43 -
Survey shows that gold is the best safe haven asset in the minds of American retail investors, and the US dollar is not as good as Bitcoin
A new survey shows that in the event of a US debt default, retail investors prefer Bitcoin over the US dollar, while gold remains the most attractive safe haven asset.This survey asked investors what they would buy if the United States hit the debt ceiling...
Blockchain 2023-05-16 22:32:56 -
Sun Yuchen accused the family of Li Lin, the founder of Huo Coin, of being involved in a huge crash, and Li Lin responded by saying that Huo Bing should provide evidence
Interface News Reporter | Si LinweiThe new and old conversations on the popular cryptocurrency trading platform suddenly conflicted.On May 16th, Sun Yuchen, a global advisor to Huobi, posted on social media that the younger brother of Li Lin, the founder of Huobi (formerly known as Huobi), was suspected of obtaining a large amount of zero cost HT (platform currency of Huobi Exchange) through abnormal means, and engaged in massive selling and withdrawal...
Blockchain 2023-05-16 20:04:28 -
Foreign media: Stabilizing the coin, go away! Here comes the new token!
Reported by Reference News Network on May 16thThe Bloomberg News website recently published an article titled "Stable Coin Goes Away, A New Token Comes" by Andy Mukherjee. The article is compiled as followsThe digital currency industry is now divided into two camps...
Blockchain 2023-05-16 19:44:13 -
Can Bitcoin become a "safe haven" against inflation as a historic default on US bonds looms?
Interface News Reporter | Si LinweiOn May 16th, Reuters reported that US President Biden and Republican House Speaker McCarthy are preparing for key debt ceiling negotiations, with just over two weeks left before the US government could experience an unprecedented debt default. Biden, McCarthy, and three other congressional officials plan to hold consultations on Tuesday...
Blockchain 2023-05-16 14:17:03