Cryptocurrency
One in Five Bitcoins Vanishes Forever, Chainalysis Finds

Chainalysis estimates that 3.7 million bitcoins sit in wallets whose private keys no user remembers. The tokens equal roughly twenty percent of the 19.4 million units mined to date. A banknote dropped in the street can still return to its owner - a bitcoin whose key disappears cannot. The protocol grants no back door, no […]

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Cryptocurrency Regulation
The Digital Asset Mining Energy Tax Proposal and Its Collapse

Definition The Digital Asset Mining Energy tax, introduced during the 2023 budget cycle, sought to impose an excise levy on electricity consumed by cryptocurrency miners. The measure never reached enactment. In March 2023 the Biden administration released the Treasury Greenbook. The document proposed a phased in excise tax of thirty percent on the cost of […]

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