Another exciting week in the crypto space is drawing to a close. The most important events around Bitcoin and Co. in a compact overview.
The first American company dares to take the dividends of Bitcoin
As the first publicly traded company in the world, the company’s shareholders can BTCS Inc. get your dividend in BTC.
The company’s decision to move towards cryptocurrencies has been generally well received. However, if you want to receive your distribution in Bitcoin in the future, you need to take action: the standard for the dividend is still the US dollar; With my form you have to request the conversion to the “dividend”.
You can read more about it here.
Kosovo bans cryptocurrency mining
The current power shortage is leading the Kosovo government to make the decision to prosecute cryptocurrency 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 home to a huge mining hodgepodge due to low electricity costs, now it is struggling to survive on 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 limit of the price of liquefied petroleum gas, which is used as fuel for vehicles, widespread discontent in the country has spread. As a result, state-owned Kazakhtelecom shut down 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 the tumult, declining by more than 13 percent in the hours after the internet crashed.
You can find the detailed article here.
Samsung in the cryptocurrency fever
The electronics giant announced that it now wants to open a store on the blockchain gaming platform Decentraland. The virtual store should be based on Samsung’s physical flagship store 837 in New York.
The Samsung Store is supposed to be an “experimental playground”, “where people can discover the incredible possibilities when technology and culture collide.” The store will not only present products, but will also host events. The company recently announced the NFT integration of Samsung smart TVs and announced a new environmental initiative on the Cardano blockchain.
You can learn more about the Samsung Store at Decentraland here.
BTC-ECHO Magazine (print and digital)
Kryptokompass is the leading German-language magazine on the topics of Bitcoin, Blockchain and Cryptocurrencies.
To the magazine