Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency is prohibited.” New Penalties for Illegal Cryptocurrency Mining in Iran An official with Iran’s Power Generation, Distribution, and Transmission […]
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon for Gold The amount of […]
EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year
EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with […]
Fans Criticize “Girls Planet 999” For Using CLC Yujin’s Pain To Increase Ratings
When the first broadcast of “Girls Planet 999” concluded, fans all around the world took to social media to express their disdain after the episode ended on a cliffhanger with CLC‘s Yujin in tears. Their complaints mainly have to do with the possibility that Yujin could be the show’s main target of ‘evil editing’ – a practice […]