Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest […]
Bitcoin Faces Stiff Resistance as It Targets Crucial Support at $22K – August 18, 2022 Bitcoin (BTC) has slumped below the 21-day line SMA as it targets crucial support at $22K. The cryptocurrency is likely […]
FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details […]
Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s ether options product prepares for […]
Decentralized insurance built on a transparent, blazingly fast, and efficient blockchain with the community in mind is something to think about, says Adam Hofmann, the CEO of Nimble. Let’s face it – crypto, Web3, blockchain, […]
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Gemini Staking adds to the yield-generating offering Gemini Earn launched in February 2021. Staking will be available for US customers (excluding New York) as well as Singapore and Hong Kong. The product will support MATIC […]
Coinbase’s CEO says the crypto exchange will abandon Ethereum staking if threatened by regulatory agencies. The Ethereum blockchain will fully migrate to a Proof of Stake (PoS) mechanism in less than a month. This implies […]
The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final […]
Online marketplace Mercado Libre, Latin America’s answer to Amazon, announced the launch of its own cryptocurrency today. The company has launched Mercado Coin for customers in Brazil as an ECR20 token—the implemented standard for tokens […]
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