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Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage
8.12.2022
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted this year. Russian Energy...
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX
8.12.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, announced completion of the pre-sale of its rewards and utility token VERSE, where 16% of the total supply was purchased for $50 million....
ECB official proposes ban on tokens with an 'excessive ecological footprint'
7.12.2022
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
Binance US eliminates trading fees for Ethereum
7.12.2022
This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions
Zodia Custody launches service to protect users’ crypto from exchange insolvency
7.12.2022
The new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges
Mazars says users' BTC reserves on Binance are fully collateralized
7.12.2022
The scope of the AUP was limited to users' BTC holdings on Binance
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
Security in crypto comes from liquidity or the lessons we learned after FTX
7.12.2022
Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens
7.12.2022
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained...
Proactive sanctions can help spare the ecosystem: Chainalysis exec
7.12.2022
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from
Bank of Russia wants to ban miners from selling crypto to Russians
7.12.2022
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia
Will Snowfall Protocol (SNW) take over washed-up cryptocurrencies – Solana (SOL) & Nexo (NEXO)?
7.12.2022
With an industry as competitive as crypto, there is always a rapidly growing alternative. Make way for a new name in the market – Snowfall Protocol (SNW), which is taking the industry by storm and already giving its competition a tough time! So much so that there have already been questions...
US lawmakers want State Department to justify crypto rewards and disclose payouts
7.12.2022
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it's more encouraging for whistleblowers
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Paraguay's legislature fails to reverse presidential veto on crypto regulation law
6.12.2022
The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
6.12.2022
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority
Dogecoin Price Prediction as $800 Million Trading Volume Comes In – $1 by 2023?
6.12.2022
DOGE, the native cryptocurrency of the Dogecoin blockchain, continues to consolidate near the $0.10 per token mark, despite a rise in trading volumes since the start of the week. According to CoinGecko, Dogecoin trading volumes were around $800 million in the last 24 hours. Meanwhile, according...
US lawmakers request answers from Silvergate over ties to FTX: Report
6.12.2022
Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse
6.12.2022
The firm sparked controversy last month after disclosing MetaMask's data collection practices
Sushiswap chief says it only has 1.5 years of treasury runway left
6.12.2022
The DEX's operating expenses currently amount to $5 million per year