The most important crypto news of the week

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

First US company dares to take Bitcoin 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 Bitcoin 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”.

You can read more about this here.

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.

You can read more information here.

Hashrate crashes due to internet failure in Kazakhstan

Kazakhstan’s political instability sparked some civil unrest last week. Due to the increase in the upper price limit 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 Bitcoin network. Ultimately, however, the hashrate also suffered from the tumult and shrank by over 13 percent in the hours after the Internet failure.

You can find the detailed article here.

Samsung in crypto fever

The electronics giant announcedto 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.

You can find out more about the Samsung Store in Decentraland here.

BTC-ECHO Magazine (Print & Digital)

The Kryptokompass is the leading German-language magazine on the topics of Bitcoin, Blockchain & Cryptocurrencies.

To the magazine

We would like to give thanks to the writer of this short article for this amazing content

The most important crypto news of the week