New York legislators to vote on PoW mining moratorium this week
If passed, the suspension of both new licenses and renewal applications will last for two years.
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Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100…
MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’
In an interview with Cointelegraph, the German politician explains why some forces in the European Parliament have suddenly come out in favor of a Bitcoin ban.
Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies
During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept…
Green ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance
European policymakers have backed away from passing rules which would have unfairly targeted Bitcoin for environmental reasons.
Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition
After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work…
European Parliament votes against PoW ban, providing huge relief to the crypto industry
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting.
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the…
Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million…