GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar
Green

Green

GREEN
Active

Public global decentralized power grid

News Heat Trend

Project Overview

Green is a decentralized Power grid developed by Set Power Free. The Green Smart Node enables operators to earn GREEN, a digital reward issued to compensate node operators for contributing electricity, connectivity and computational resources to verify blockchain transactions on the Green network. PowerPay, a Green blockchain exclusive, enables individuals who earn Green to pay for power consumption using GREEN.

Event-related news

German Bundestag Rejects Proposal to Increase Crypto Tax

the Finance Committee of the German Bundestag has rejected a cryptocurrency tax reform proposal put forward by the Green Party.The proposal originally aimed to abolish the policy that exempts capital gains tax on cryptocurrencies sold after being held for more than one year. Under current German law, individuals are exempt from capital gains tax when selling crypto assets held for over a year.The Green Party argued that crypto assets should be subject to the same tax rules as other investment assets. However, opponents pointed out that the proposal could result in a higher tax burden for crypto investors compared to ordinary stock investors. The Green Party estimated that scrapping the relevant tax exemption could generate an additional approximately €11.4 billion in tax revenue annually for Germany. (Cryptopolitan)

Uzbekistan Establishes Besqala Mining Valley, Exempts Taxes Until 2035 to Promote Green Cryptocurrency Mining

Odaily News Uzbekistan President Shavkat Mirziyoyev has signed a decree establishing the "Besqala Mining Valley" special cryptocurrency mining zone, aiming to develop green energy mining and attract international investment. Miners can sell crypto assets on local and overseas exchanges, with proceeds directly entering domestic bank accounts. Regarding policies, participants in the mining zone are exempt from income tax until 2035, only required to pay a 1% management fee on revenue; electricity prices are set at 1800 som per kilowatt-hour, with exceptional incentives provided for investment projects exceeding $100 million. Regarding access, only locally registered enterprises are eligible to apply, and they must possess power facilities and pass approval processes, with relevant personnel having no record of economic crimes. (Lex.uz)

Crypto Industry Election Funding Shows a Republican Lean Ahead of U.S. Midterm Elections

According to CoinDesk, as the U.S. midterm elections heat up, cryptocurrency industry political action committees (PACs) are significantly increasing their financial support for congressional races. Some newly formed PACs are shifting their focus toward Republican candidates. The report notes that Fairshake remains the most influential super PAC in the industry, having already influenced primary outcomes in states like Texas through large-scale spending—and contributing to the defeat of long-time critic, Representative Al Green. Meanwhile, newer PACs such as Fellowship and the Digital Freedom Fund are backing Republican candidates more heavily, potentially undermining the bipartisan balance the crypto industry has maintained across several previous election cycles.

Fairshake and its affiliated organizations invested approximately $6.5 million to support Menefee’s election victory.

Crypto journalist Eleanor Terrett reported that pro-crypto Democratic candidate Christian Menefee defeated 20-year incumbent Representative Al Green in the TX-18 Democratic primary runoff. In this election, crypto-industry-backed super PACs spent millions of dollars—Fairshake and its affiliated organizations alone contributed approximately $6.5 million, mostly to support Menefee and a smaller portion to oppose Green. Previously, Green received an “F” rating from Stand With Crypto due to his opposition to legislation including the GENIUS Act and the Clarity Act. Fairshake stated it will continue actively supporting leaders like Menefee across the United States.

Related news

Cailian News: Overseas social media influencer “Serenity” triggered unusual fluctuations in A-share stocks; cross-border “hype-and-pump” schemes and information backflow risks warrant caution.

According to Caixin Global, the overseas social media influencer “Serenity” recently triggered rapid涨停 (surge to the daily trading limit) of A-share stocks including Green Harmonic and Esaote, after mentioning them—prompting market scrutiny over whether her actions constitute cross-border “pump-and-dump” schemes, illegal stock recommendations, or market manipulation, and raising concerns about an “information backflow” pathway wherein overseas commentary fuels domestic dissemination and subsequent capital following.

Crypto Industry Election Funding Shows a Republican Lean Ahead of U.S. Midterm Elections

According to CoinDesk, as the U.S. midterm elections heat up, cryptocurrency industry political action committees (PACs) are significantly increasing their financial support for congressional races. Some newly formed PACs are shifting their focus toward Republican candidates. The report notes that Fairshake remains the most influential super PAC in the industry, having already influenced primary outcomes in states like Texas through large-scale spending—and contributing to the defeat of long-time critic, Representative Al Green. Meanwhile, newer PACs such as Fellowship and the Digital Freedom Fund are backing Republican candidates more heavily, potentially undermining the bipartisan balance the crypto industry has maintained across several previous election cycles.

Fairshake and its affiliated organizations invested approximately $6.5 million to support Menefee’s election victory.

Crypto journalist Eleanor Terrett reported that pro-crypto Democratic candidate Christian Menefee defeated 20-year incumbent Representative Al Green in the TX-18 Democratic primary runoff. In this election, crypto-industry-backed super PACs spent millions of dollars—Fairshake and its affiliated organizations alone contributed approximately $6.5 million, mostly to support Menefee and a smaller portion to oppose Green. Previously, Green received an “F” rating from Stand With Crypto due to his opposition to legislation including the GENIUS Act and the Clarity Act. Fairshake stated it will continue actively supporting leaders like Menefee across the United States.

German Bundestag Rejects Proposal to Increase Crypto Tax

the Finance Committee of the German Bundestag has rejected a cryptocurrency tax reform proposal put forward by the Green Party.The proposal originally aimed to abolish the policy that exempts capital gains tax on cryptocurrencies sold after being held for more than one year. Under current German law, individuals are exempt from capital gains tax when selling crypto assets held for over a year.The Green Party argued that crypto assets should be subject to the same tax rules as other investment assets. However, opponents pointed out that the proposal could result in a higher tax burden for crypto investors compared to ordinary stock investors. The Green Party estimated that scrapping the relevant tax exemption could generate an additional approximately €11.4 billion in tax revenue annually for Germany. (Cryptopolitan)

Report: Polymarket May Have Broader Insider Trading Issues, with a Handful of Wallets Capturing Most Profits

Odaily News According to the latest report from the non-profit research organization Anti-Corruption Data Collective (ACDC), the prediction market platform Polymarket may be facing a broader insider trading problem than previously indicated by the "Green Berets bet on Venezuela raid" incident. The research analyzed 435,000 settled markets with a cumulative trading volume of $54.4 billion between January 2021 and mid-March 2026, revealing abnormally high win rates for low-probability bets in markets related to government decisions, including military and defense matters.The data shows that the average success rate for such "longshot bets" in political markets is about 14%, while some cases involving military contracts saw success rates exceeding 50%. The study concludes that these markets are difficult to predict based solely on public information and are more susceptible to information asymmetry, including insider trading or professional informational advantages.The report also highlights a high concentration of profits on Polymarket. A study by the London Business School and Yale University indicates that approximately 3% of traders contribute to most of the platform's price discovery; meanwhile, blockchain analytics firm Solidus Labs found that less than 1% of wallets account for about half of the profits.Taking the example of the US airstrike on Iran in June 2025, in the hours preceding the attack, 19 low-probability bets totaling $164,000 were concentrated on purchasing the "YES" contract that ultimately paid out. Eight wallets collectively profited about $1.8 million, with a single wallet making nearly $500,000. Despite the Pentagon using decoy bombers and long-range stealth fighters to deliberately conceal the operation at the time, a small number of traders accurately predicted the outcome.ACDC recommends that Polymarket strengthen identity verification, implement conditional payouts for suspicious bets, restrict markets whose outcomes are determined by a small group, and reduce overly specific contract designs. The report further calls for a broader discussion on whether the public should be allowed to bet on such events. (CoinDesk)

Uzbekistan Establishes Besqala Mining Valley, Exempts Taxes Until 2035 to Promote Green Cryptocurrency Mining

Odaily News Uzbekistan President Shavkat Mirziyoyev has signed a decree establishing the "Besqala Mining Valley" special cryptocurrency mining zone, aiming to develop green energy mining and attract international investment. Miners can sell crypto assets on local and overseas exchanges, with proceeds directly entering domestic bank accounts. Regarding policies, participants in the mining zone are exempt from income tax until 2035, only required to pay a 1% management fee on revenue; electricity prices are set at 1800 som per kilowatt-hour, with exceptional incentives provided for investment projects exceeding $100 million. Regarding access, only locally registered enterprises are eligible to apply, and they must possess power facilities and pass approval processes, with relevant personnel having no record of economic crimes. (Lex.uz)