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IMF proposes drastic 85% increase in electricity tax for crypto mining

Two IMF officials advocated a steep electricity tax on crypto miners, recommending increasing their average global electricity costs by 85%. The proposal essentially involves a significant increase in electricity taxes paid by cryptominers. This would drastically reduce the CO2 emissions…

We’ve added OSRS-like progression guides to Eterspire, our indie MMORPG!

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21shares Toncoin ETP tops $100M in AUM

21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $3 billion for its clients, celebrated the milestone of its Toncoin Staking ETP reaching over $100 million…

Are Bitcoin Whales Buying The Dip?

Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more…

Tron Network Leads Stablecoin Market Share Amid Growing Monthly Transfer Volume

Tron’s share of the stablecoin market continues to grow, with the network’s adjusted USDT transfer volume reaching $384 billion in July.

Crypto Biz: Riot Increases Bitfarms Stake in Acquisition Strategy

This week’s Crypto Biz covers Bitdeer’s earnings growth, Hamster Kombat rejecting venture capital offers, Grayscale’s new crypto fund, and a Solana ETF in Brazil.