Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Top Bitcoin mining country Kazakhstan turns off internet amid protests
Kazakhstan, which accounts for the second-largest Bitcoin mining hash rate in the world, suffered a nationwide internet blackout earlier this week after soaring fuel prices triggered a wave of violent protests in the city of Almaty.
According to reports from local network data provider NetBlocks, Kazakhstan’s normalized network connectivity fell to around 2% on Wednesday, which was likely the result of the government limiting “coverage of escalating anti-government protests” relating to surging fuel prices.
Local media outlets also reported that the country’s largest telecom company, Kazakhtelecom, shut down nationwide access to the internet. It was also reported that cellular networks were disabled in some cities.
GameStop shares jump 26% in after hours trade after NFT division unveiled
GameStop Corp.‘s (GME) share price spiked around 26% in after-hours trading on Thursday following a glowing report from The Wall Street Journal concerning the organization‘s upcoming NFT division.
GameStop is rolling out an NFT marketplace later this year under the new division, which reportedly consists of 20 employees. The NFT unit will also be tasked with seeking partnerships in the crypto sector for future NFT game…