Argentina is considered one of the most attractive countries for cryptocurrency mining due to cheap electricity and stable internet. The Argentine Revenue Authority (AFIP) has stepped up its surveillance of illegal mining and has discovered three underground crypto farms in the past seven days. Two of them are located in the city of Cordoba and […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Sky Mavis Partners with Google Cloud to Launch Validation Node on Ronin
Google’s cloud arm has agreed to run a validation node on Axie Infinity’s creators’ Ronin network to help the company grow the network. The developer of the popular NFT game Axie Infinity Sky Mavis has announced that it has entered into an agreement with Google Cloud to continue working on the decentralization of its Ronin […]
The new cabinet of British Prime Minister Liz Truss is ready to support the development of the crypto industry
Representatives of the new UK Cabinet of Ministers confirmed that the promise made by the previous government to turn the country into a cryptocurrency center will be fulfilled. The new UK government, formed by Prime Minister Liz Truss, has promised to take advantage of all the opportunities associated with cryptocurrencies. The Financial Services and Markets […]
Stack launched an app to teach cryptocurrencies to teenagers
Mobile software company Stack has launched an app of the same name designed to teach teenagers under 18 how to trade and store digital currency. The developers said that the application has collected a lot of useful information on how to use digital assets – an alternative to what they can find on TikTok or […]
OpenSea flooded with NFTs featuring Queen Elizabeth II
Yesterday, September 8, the death of Queen Elizabeth II of Great Britain was announced. In just a few minutes, thousands of tokens with images of the deceased person poured onto the NFT trading platform OpenSea. At the moment, several collections in honor of the Queen of Great Britain are registered on the platform. Both rare […]
The European Union will fight the violation of property rights with the help of NFT
The European Union Intellectual Property Office (EUIPO) has launched a project to combat counterfeiting and infringement of intellectual property rights on certain products. According to the document, for this, the agency will use non-fungible tokens (NFT) and blockchain – the organization has already found a high-level architecture for creating a system. Intellectual property owners will […]
Ford will release virtual cars in the metaverse
Renowned car manufacturer Ford has filed 19 trademark applications with the US Patent and Trademark Office (USPTO) for virtual SUVs, trucks and even clothing. According to USPTO licensed attorney Mike Kondoudis, the company plans to launch its most popular marques in the metaverse, including the Mustang, Bronco, Explorer and F-150. In addition, Ford will sell […]
Gary Gensler: “Cryptocurrencies are securities”
US SEC Chairman Gary Gensler said that cryptocurrencies should be considered securities, but the agency is ready to share the “regulatory reins” of the industry with the CFTC. Gary Gensler spoke at the New York Summit hosted by the Legal Practice Institute. He once again urged cryptocurrency companies to register with the US Securities and […]
The organizer of the cryptocurrency pyramid EmpiresX pleaded guilty to fraud
Joshua David Nicholas, founder of the EmpiresX cryptocurrency platform that defrauded investors of about $100 million, has pleaded guilty to one of the charges. According to a statement on the US Department of Justice website, Florida resident Joshua David Nicholas referred to himself as the “chief trader” of the EmpiresX platform. His accomplices Emerson Pires […]
White House: Cryptocurrency mining in the US consumes 50 billion kWh per year
According to the White House Office of Science and Technology Policy (OSTP), electricity consumption by miners in the United States has reached a significant figure – 50 billion kWh per year. As part of a study on the impact of cryptocurrencies on the climate, OSTP analyzed the use of blockchain and digital currencies, as well […]
