It looks like the PR battle over how much energy Bitcoin mining consumes is not over after all. A while ago, I declared that it had been won – the tireless pushback from people who actually spend a lot of time researching this had muted the criticism and concern. Facts and reasoning had vanquished fear-mongering […]
Public goods funding and profitability are not necessarily in conflict. This was the lesson that Gitcoin, the decentralized, Ethereum-based crowdfunding project, is putting into practice as the organization overhauls its operating structure and announces a Read More
Bitcoin Ordinals project Taproot Wizards saw robust uptake for its inaugural “Quantum Cats” digital-art sale on Monday, despite severe tech issues that delayed the planned mint three times last week. With almost two hours left Read More
Liquid restaking protocol EigenLayer has temporarily removed its 200,000 ether (ETH) per-protocol staking cap, spurring a $750 million rise in total value locked (TVL) in a matter of hours. Data from DefiLlama shows that inflows of over 1 Read More
Cryptocurrencies slid lower Monday with bitcoin nearing $42,000 as soaring U.S. interest rates amid strong economic data, hawkish Powell weighed on prices. Bitcoin could rise to $70,000 by year-end benefitting from favorable macro environment, Markus Thielen Read More
U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, Read More
SALT LAKE CITY — “We’re going to need a bigger boat.” So said Barrett, the host of Solana’s largest community-run coworking meetup, after surveying his fast-filling WeWork in Salt Lake City on Monday. His Read More
[[{“value”:” The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale Read More
[[{“value”:” Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’Read More
[[{“value”:” In the span from Jan. 29 to Feb. 5, 2024, while bitcoin and ethereum have remained stagnant within their trading ranges, a selection of cryptocurrencies have enjoyed significant weekly upsurges, registering double-digit gains against the U.S. Read More
