What will bring bitcoin back from the brink of disaster? According to famed venture capitalist and digital currency enthusiast Tim Draper, the answer is women. Tim Draper: Women Are the Answer The crypto space has been doing very poorly as of late. The industry has fallen by more than $2 trillion in valuation and some of the largest, mainstream digital assets – including […]
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On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S. climate goals.” 3 U.S. Bureaucrats Believe Crypto Miners Need to Report Carbon Emissions and Environmental Assessments Senators Ed Markey […]
Read moreCryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash equivalents.” However, the company added that this ratio fell well within their counterparty exposure limits. FalconX insisted that despite its exposure to the now insolvent FTX, its finances remain […]
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Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world’s largest cryptocurrency, sources told Cointelegraph. “Since early on, Satoshi predicted that layers being built on top of the Bitcoin blockchain would enable Bitcoin to move beyond being only […]
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Ripple’s top lawyer Stuart Alderoty has again taken to Twitter to meticulously counter the allegations made by the United States Securities and Exchange Commission (SEC) in the ongoing high-profile suit. Alderoty reiterated the blockchain payments firm’s defence while taking aim at the agency and skeptics. Is XRP Suit Ending Soon? Ripple’s general counsel Stuart Alderoty argues that there is no […]
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Ahmad Abu Daher is only 22 years old, yet he’s already making a handsome living as a bitcoin miner in his home country of Lebanon. Ahmad Abu Daher Is Doing Well as a Miner Daher runs a whole team and has been doing so ever since he graduated from university. He entered a world that was wrought with financial ruin, as Lebanon is currently […]
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On Thursday (8 December 2022), Coinbase announced that it had decided to make it easier for its “global retail customers” to convert Tether ($USDT) to USD Coin ($USDC), highlighting the latter’s good reputation without directing attacking the former. According to Coinbase’s blog post, customers are looking for stability and trust in the midst of market volatility, and fiat-backed stablecoins can […]
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A survey sample of working Americans suggests that millennial and Generation Z workers are far more in favor of joining decentralized autonomous organizations (DAOs) and working remotely in the post-Covid-19 world. Over 1,100 Americans took part in a survey conducted by MetisDAO Foundation which explores trends in remote working preferences and the emergence of DAOs in recent years. A key […]
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