As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics. The House Energy and Commerce Oversight Subcommittee announced a hearing on “Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains” last week, with the event itself…
Credit card company Mastercard has announced users for Coinbase’s upcoming nonfungible token marketplace will be able to use their cards to make purchases as part of a new partnership. In a Tuesday blog post, Mastercard executive vice president of digital asset and blockchain products Raj Dhamodharan said under the agreement, NFTs would be considered “digital goods” and able to be…
Technology giant Intel is set to enter the Bitcoin mining business, starting with the reveal of a new Bitcoin mining “Bonanza Mine” chip at this year’s International Solid-State Circuits Conference (ISCC) in February, according to a report by Tom’s Hardware. For the conference itself, Intel reportedly has a presentation prepared to outline the new Bonanza Mine chip, which is described…
Leading cryptocurrency trading platform BitMEX has taken steps to acquire the German bank Bankhaus von der Heydt, the company said Tuesday in a statement sent to Bitcoin Magazine. A purchase agreement has already been signed but is still awaiting the green light of German regulators. “BitMEX Group is pursuing the ambitious goal of establishing a one-stop-shop for regulated crypto products…
We’re thrilled to announce that Kraken now supports Astar (ASTR)! Funding and Trading Funding is live, and trading will begin shortly. Keep an eye on the status page for updates. You can add ASTR to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require 25 confirmations (typically 2 minutes). ASTR will be tradable against…
Sam Bankman-Fried, CEO of crypto derivatives giant FTX, says the crypto regulatory ecosystem is on a knife’s edge right now. “It’s been really interesting being at the forefront of crypto regulatory thought and actually getting to see each part of this process work up close,” Bankman-Fried said on the first episode of the “gm from Decrypt” podcast, adding that the…
In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is…
According to some estimates, as many as 20% of Americans were invested in cryptocurrencies as of August 2021. While the exact number can vary significantly from one poll to another, it is clear that cryptocurrencies are no longer just a niche passion project for tech enthusiasts or a tool for financial speculation. Rather, digital assets have become a widespread investment…
Intel could be about to enter the bitcoin mining chip-making industry.The giant chipmaker will present “Bonanza Mine,” an “ultra-low-voltage energy-efficient bitcoin mining ASIC” at the upcoming ISSCC conference on February 23.It’s unclear whether the presentation will entail a product launch, a proof of concept demonstration, or simply sharing a project. Intel, the market leader in computer chip manufacturing, is on…
In brief Microsoft will acquire Call of Duty, Warcraft publisher Activision Blizzard for $68.7 billion. With the deal, Microsoft says it will develop “building blocks for the metaverse.” Microsoft shook up the video game industry this morning, announcing that it will acquire publisher Activision Blizzard—the company behind Call of Duty and Warcraft—in a deal valued at $68.7 billion. And Microsoft…
