Banking
CBDCs
Taiwan joins growing list of countries developing CBDCs
Plans are in place to roll out a Taiwanese Central Bank Digital Currency, but concerns over privacy and abuse of power remain.
Taxes
Russia approves tax exemptions for issuers of cryptocurrency
Russia approved a draft bill to exempt cryptocurrency issuers from VAT as part of its ongoing pro-crypto legislation.
People
Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.
Twitter is awash with reports Mashinsky was stopped from leaving the U.S. However, at this stage, there are no confirmed reports of this happening.
Technology
Confusion reigns as Vitalik Buterin praises EOS while slamming Ethereum
The internet is divided over Buterin's criticism of Ethereum, a possible explanation lies in his expectations of the project.
Merge
What does the Gray Glacier upgrade mean for the Ethereum Merge?
The Gray Glacier upgrade will delay the Difficulty Bomb, meaning devs expect the Merge to take place later than planned.
Enterprise
Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant
The initiative appears to be a response to re-developing the capital's Soyapango district, which has a reputation for gang violence.
Exchanges
Voyager issues notice of default to 3AC over $675M loan obligations, legal action next
Voyager Digital has issued a notice of default to Three Arrows Capital over a 15,250 BTC loan and intends to pursue further legal action to recover the funds.
Exchanges
Nexo dismisses claims it defrauded a children’s charity as fake news
Nexo responds to "ludicrous allegations" of defrauding a charity by calling on the community to exercise their better judgment.
Mining
Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Miners on the Bitcoin and Ethereum networks are feeling the pinch as falling token prices put pressure on the least efficient miners.
Mining
Crypto miners dump GPUs as token prices fall
The downturn in token price has triggered an exodus of GPU miners, resulting in a flood of availability in graphics cards.
Regulation
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
Analysis
Polygon exec gives insider scoop on state of crypto employment
Bhumika Srivastava, Polygon's Global Head of HR, said crypto employment is buoyant despite the downturn in prices.