This is how the Kreml wants to legalize bitcoin mining in Russia
Since the invasion of Ukraine, Russia has become increasingly isolated economically. This obviously encourages a rethink: for cryptocurrencies and also for mining. The electricity consumption of… ] Go to Source…
How Ethereum will become the world’s decentralized computer with the “merge”
The previous Ethereum is history – soon, when the network switches to the new consensus algorithm. But what are the actual benefits of the switch? We spoke with Ethereum developer…
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC…
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts
Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They…
BAYC Discord Compromised, NFTs Totaling 200 ETH Stolen
A malicious actor has made off with $359,000 worth of Bored Ape NFTs following a compromise to BAYC’s discord server It marks the third time in two months that BAYC’s…
Goldman Sachs President Warns of ‘Unprecedented’ Economic Shocks and Tougher Times Ahead
Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s… ] Go to…
El Salvador Has Lost a Lot of Bitcoin in Recent Weeks
El Salvador has recorded some big bitcoin losses on its balance sheet. It looks like the Central American country has lost more than $36 million in BTC as of late…
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion……
American Fast Food Chain Chipotle Embraces Crypto Payments in the US
The widespread restaurant chain – Chipotle Mexican Grill – collaborated with Flexa to permit purchasers to pay their payments in cryptocurrencies. The providing is accessible in all almost 3,000… ]…
Bitcoin Recovers Somewhat, but It’s Still Enduring a Losing Streak
There is good news and bad news when it comes to bitcoin, the world’s leading cryptocurrency. The good news is that the asset has recovered somewhat from its mid-May lows.…