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The Biden administration is reportedly preparing policy recommendations to reduce the energy consumption by cryptocurrency mining rigs and control emissions footprint. According to coverage by Bloomberg, the report on energy consumption…
Mining of Proof-of-Work (PoW) has hit a major roadblock as New York lawmakers passed a bill that bans certain mining operations that rely on carbon-based power sources. What’s at Stake?…
The world’s largest cryptocurrency exchange – Binance – joined forces with the popular Canadian singer Abel Makkonen Tesfaye (better known as The Weeknd). The platform will be the official sponsor…
Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, said Terra’s failure was a byproduct of the macroeconomic environment as the Feds raised rates and tightened…
The world’s second-largest crypto exchange by trade volume, FTX, is in expansion mode, while many others feel the pinch as the crypto winter deepens. On June 2, FTX announced that…
The Government of El Salvador keeps delaying the issuance of the much-expected bitcoin bonds due to the falling prices, as indicated by the Minister of Finance during an interview. On…
Australia’s First Crypto spot ETFs have witnessed extremely low trading volume since the launch back in the mid of May. On the debut of 21Shares’ spot Bitcoin and Ethereum ETFs,…
Ethereum-based layer 2 NFT scaling platform, Immutable, has submitted a proposal to the ApeCoin DAO to develop the popular Bored Ape Yacht Club (BAYC) metaverse project Otherside on its blockchain…
Timothy Ursich Jr. – who runs for election to the US Senate to represent California – vowed that he will draft a bill proposing Dogecoin as an official payment method…
The San Francisco-based 401(k) provider ForUsAll is suing the US Labor Department for investigating businesses offering cryptocurrencies within customers’ retirement accounts. The company alleges that the department is infringing on…