Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy. It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives...Continue Reading
The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy, and the impact on financial stability. The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro. In a Tuesday notice, the European Commission’s Directorate‑General for Financial Stability, Financial...Continue Reading
The sanctions were part of an international effort aimed at “[disrupting the] proliferation of malicious cybercrime services, dangerous drugs and other illegal offerings.” The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency exchange Garantex. In a Tuesday announcement, the...Continue Reading
BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network. The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that...Continue Reading
The business intelligence firm now owns a total of 129,218 BTC. On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin (BTC) ($190.5 million) between February 15 and Tuesday. MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at...Continue Reading
The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends. According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who...Continue Reading
NFT projects are connecting culture, gaming and commerce in new ways. Which is why ApeCoin owners are banking on APE’s adoption and future value in the Metaverse. What is it with these sly, funny, but boring looking apes that continue to make headlines? Many collectors argue that it’s less about the image itself and more...Continue Reading
The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on Monday that the central bank has...Continue Reading
“The United States must have a plan in place to protect our financial systems from the risks of [El Salvador’s] decision,” said Representative Norma Torres. Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador adopting Bitcoin as legal currency....Continue Reading
In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin. Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions. The funding round had participation from several crypto-focused...Continue Reading
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