Thread by @forweb3media

Daily Web3 News Digest 📰

TL;DR ⤵️

🗞 India based WazirX says Binance has maintained control over WRX token

🗞 Bankrupt Voyager will now be able to pay back creditors

🗞 Bitcoin mining difficulty rises 3.2%, a new all time high

Details and more🧵

🗞 As the conflict between @WazirXIndia and @binance continues, @WazirXIndia has emphasised Binance’s current supremacy over the WRX token.

🗞 The United States Bankruptcy Court for the Southern District of New York has allowed the bankrupt @investvoyager to begin repaying its creditors.

🗞 @BitDigital_BTBT, based in New York, is expanding its operations to Iceland in order to mitigate regulatory risk in the face of the Biden administration’s planned crypto-mining tax.

🗞 Bitcoin’s mining difficulty jumped by 3.22%, reaching an all-time high, while the network’s hashrate also increased to an all-time high.

🗞 US Bitcoin Corp (USBTC) has struck multi-year deals with large corporations such as @MarathonDH (MARA) to host 150,000 bitcoin mining machines.

🗞 The Australian office of @binance said today that it is “unable to facilitate PayID deposits” for its users.

🗞 An annual bitcoin conference is expected to draw around half as many attendees as last year, indicating how a drop in cryptocurrency values and growing regulatory actions are rippling throughout the industry.

🗞 The Group of Seven (G-7) advanced economies must take the initiative in implementing Financial Action Task Force (FATF) recommendations to prevent illegal financial flows through cryptocurrency, said the president of the global financial crimes agency in a letter.

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