Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC) has called the current mechanism of obtaining Proof of work cryptocurrencies such as Bitcoin “skewed”.
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times.
The European Central bank has restated its disdain for Bitcoin and other proof-of-work mining consensus networks, insisting that the crypto mining sector needs to be urgently regulated. During a live Twitter Q&A session Friday, Frank Elderson, an...
The movement of the ETH token seems to be like a rollercoaster that cannot decide if it wishes to go uphill or downhill. At press time, ETH was trading at a price of $2,829 which was 3.5% down in the last 24 hours. And, ETH noted a 2.8% decline in...
ApeCoin is the governance token for the recently launched APE crypto ecosystem that now offers a host of features to its users. APE ecosystem focuses primarily on community development and incentivizing development work towards the metaverse. The...
The ECON committee of the European Union voted against a de-facto ban on cryptocurrencies that rely on the proof of work consensus protocol, like Bitcoin, that was included in the latest draft of the MiCA, or Markets in Crypto-assets Regulation,...
The European parliament has been mulling over cryptocurrency regulations for a couple of years now, even as a number of roadblocks have slowed down the process considerably. One such obstacle was removed earlier today, as European Union lawmakers...
