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Chinese BTC miners return to center stage
Cryptocurrency miners from China are now starting to settle in neighboring countries like Russia and Kazakhstan. As a result, they are coming back online to mine new bitcoin units and once again offer serious competition to miners in the United States and other bitcoin ports. Miners in China start elsewhere Not so long ago, Beijing…
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. https://news.bitcoin.com/nigerian-central-bank-reveals-cbdc-guidelines-announces-plan-to-launch-e-naira-wallet/
Major hotel in Swiss Alps now allows crypto payments
The Chedi Andermatt has 123 rooms and suites going for as low as 1,300 francs per night in the high season, or roughly 0.03 BTC or 0.45 ETH. After four years of debate, a five-star hotel in a luxurious area of the Swiss Alps is prepared to accept Bitcoin (BTC) and Ether (ETH) as payment from…
Ethereum Burns $150,000 in One Block
Ethereum has mined its biggest burner block yet with more than 48 eth, currently worth above $150,000, burned in just one block. Apparently this wasn’t the only one. A suspected NFT minting spike led to some 1,410 eth burned within one hour, worth $4.5 million taken out of circulation. By comparison, about 2 eth is…