The White House today suggested that U.S. lawmakers and regulators could soon crack down on cryptocurrency mining because of its large carbon footprint. In a Thursday report, mandated by President Biden in an executive order in March, the White House Office of Science and Technology Policy said crypto miners should reduce greenhouse gas emissions, with help from the Environmental Protection…
This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful. El Salvador made history last year when the country adopted Bitcoin as legal tender. The decision gave legitimacy to what many of us have known for a long time—that Bitcoin is a permissionless technology that was built for the masses. While this milestone was a…
The search for Satoshi Nakamoto, Bitcoin’s mysterious inventor, has been an ongoing hunt for the last 13 years. Since 2014, dozens of so-called candidates have appeared, but none of them have convinced the greater community that they are Bitcoin’s creator. Furthermore, journalists from publications like Newsweek have pointed to a few specific individuals, and nearly every one of them has…
United States Securities and Exchange Commission chair Gary Gensler supports legislation giving the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’t step on the SEC’s toes. In written remarks for a Thursday program hosted by the Practising Law Institute, Gensler encouraged intermediaries in the crypto space as well as crypto security token projects and potentially…
press release PRESS RELEASE. CryptoDATA Tech, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users. CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee fund that will provide safety for any crypto user and…
In this week’s episode of Market Talks, we welcome Ray Salmond, head of markets at Cointelegraph. The main topic of discussion with Ray will be the recent crypto market pullback and whether there is a possibility of the price of Bitcoin going all the way down to $15K. We take a look at the charts to analyse the price movements…
Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high. Cosmos (ATOM) Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token…
In brief Animoca Brands has raised $110 million through a convertible notes sale to institutional investors. The firm invests in Web3 startups focused on an open, interoperable metaverse, and also publishes its own NFT games. Animoca Brands, a leading investor in NFT and metaverse-centric startups, today announced that it has raised an additional $110 million in funding in a round…
Per President Biden’s executive order, the White House Office of Science and Technology submitted its report on bitcoin mining’s climate impact.The report alludes to possible executive orders and legislation from congress to “limit” or “eliminate” proof-of-work mining. Some of the cited resources have been criticized for biases to certain industries and spreading misinformation. The White House Office of Science and…
Over the last few months, the crypto industry faced numerous headwinds. These included the death spiral of the Terra ecosystem, the insolvency of over-leveraged hedge fund Three Arrows Capital, and major crypto lending platforms – like Celsius, BlockFi, Voyager and Vauld – taking drastic measures to accommodate “extreme market conditions.” Due to these developments, market participants have been forced to…
