EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact. Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts to address risks. In...Continue Reading

The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels. The FTX crisis kept Bitcoin’s (BTC) price under pressure in November, but data from Bitstamp exchange shows institutional investors may have viewed the dip as a buying opportunity. The exchange told Cointelegraph that...Continue Reading

New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare. United States Congressman Ritchie Torres has introduced bills in the House of Representatives to prohibit misuse of customer funds by cryptocurrency exchanges and to require exchanges disclose proof of reserves to the...Continue Reading

Meta CEO Mark Zuckerberg highlighted that the company is hopeful about the metaverse despite costing billions of dollars. In this week’s newsletter, read about how the word “metaverse” placed second in Oxford’s Word of the Year. Check out how Meta is pushing forward its metaverse plans amid doubts and how the nonfungible token (NFT) marketplace...Continue Reading

This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions. Binance US has announced that it has expanded its “zero fee price model” to Ether (ETH) effective immediately.  According to the announcement, users are now able to freely trade four Ether spot market pairs: ETH/USD, ETH/USDT, ETH/USDC and ETH/BUSD. Just in...Continue Reading

The new feature increases token emissions if more liquidity is put into the pool. Crypto Twitter is divided, to say the least. Cardano’s decentralized exchange has announced a new feature to draw in liquidity.  Called “organic APR,” the feature increases token emissions as more liquidity is put into the pool, according to a Twitter thread...Continue Reading

BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000. Bitcoin (BTC) price crashed to $15,500 on Nov. 21, driving the price to its lowest level in two years. The 2-day-long correction totaled an 8% downtrend and wiped...Continue Reading

Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX. Pop star Taylor Swift reportedly could have been one of the faces of failed crypto exchange FTX had talks over a $100-million deal not ended prematurely. According to a Dec....Continue Reading

Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds. An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding the...Continue Reading

Blockchain trilemma is arguably the hardest technical problem to solve within Web3. How are blockchain networks approaching this? Are L2 networks the saviors? The emergence of a new tier of blockchains called layer-2 chains that have leveraged new cryptographic techniques like zero-knowledge-proofs (ZKPs) has helped address the scalability enigma. While the world was busy solving...Continue Reading