A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy.  According to figures from Digiconomist, Bitcoin...Continue Reading

Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022. Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF). The firm expects to launch its Samsung Blockchain Technologies ETF on the Hong Kong...Continue Reading

A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.” The Secretary of the United States Treasury, Janet Yellen, weighed in on including cryptocurrencies in retirement plans, calling them a very risky investment that should be regulated by Congress.  During an event organized by the New York...Continue Reading

In a Cointelegraph video, the world’s elite and some crypto believers rub shoulders to share their views on crypto. Cointelegraph introduces “Crypto Street,” a series of spontaneous conversations with strangers on the street to educate, entertain and take a temperature check on the world’s relationship with crypto. The first episode comes from the gates of...Continue Reading

Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help. Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability. The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment. Miner production cost...Continue Reading

The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on. The total number of decentralized autonomous organizations (DAO), the number of governance proposals put forward, and the number of votes cast, have all seen astounding 8X growth...Continue Reading

Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence. The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by...Continue Reading

Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars sold as non-fungible tokens (NFTs) in an upcoming metaverse. Major toy brand Mattel has signed a multi-year partnership with forthcoming toy-focused non-fungible token (NFT) marketplace Cryptoys to exclusively feature its brands on the platform. Cryptoys is...Continue Reading

Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto assets to the Bloomberg Terminal. Product...Continue Reading

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online....Continue Reading