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Cryptocurrency and Artificial Intelligence – Get an Overview of Market News

The most important crypto news of the last week

2 min read

Another exciting week in the crypto space is drawing to a close. The most important events around BTC and Co. in a compact overview.

First US company dares to take BTC dividends

As the first listed company in the world, shareholders of the company can BTCS Inc. get their dividend in BTC.

The company’s decision to move towards crypto has been generally well received. However, if you want to receive your distribution in BTC in the future, you have to take action: The standard for the dividend remains with the US dollar; With my form you have to request the conversion to the “dividend”.

Kosovo bans crypto mining

The current energy shortages are driving the Kosovar government to take the decision to prosecute crypto mining. After the country declared a 60-day state of disaster in December last year, the state is now cracking down.

If in the past Kosovo was the home of a large mining hodgepodge due to low electricity costs, it is now struggling to survive the scene. It is currently unclear what penalties the ban entails.

Hashrate crashes due to internet failure in Kazakhstan

Kazakhstan’s political instability sparked some civil unrest last week. Due to the increase in the price cap for liquefied petroleum gas, which is used as fuel for vehicles, widespread dissatisfaction has spread in the country. As a result, the state-owned Kazakhtelecom switched off the Internet in the country.

Kazakhstan now accounts for 18 percent of the global hash activity on the BTC network. Ultimately, however, the hashrate also suffered from the tumult and shrank by over 13 percent in the hours after the Internet failure.

Samsung in crypto fever

The electronics giant announced to open a store on the blockchain gaming platform Decentraland. The virtual store should be based on the physical Samsung 837 flagship store in New York.

The Samsung Store is supposed to be an “experimental playground”, “where people can discover the amazing possibilities when technology and culture collide”. The store will not only present products, but also host events. The company recently announced the NFT integration of Samsung’s smart TVs and announced a new environmental initiative on the Cardano blockchain.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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