Big miners pose a growing threat to Bitcoin
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future.
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The SEC's war against Ethereum and Consensys isn’t over
Gary Gensler will be forced out as SEC chairman if Trump is elected — but he could remain as a commissioner to continue his anti-crypto crusade.
Half of the 10 most valuable companies on Earth are making metaverse hardware
The metaverse is dead, long live the metaverse.
Report: Canadian Crypto Exchange Coinsquare Lays Off 40 Employees
One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent of its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news platform BetaKit on Jan. 31.Coinsquare did not return Cointelegraph’s request for comment or confirmation by press time.Citing…
Age of Scale: How Can Blockchain Systems Become Powerful Enough for a Global Audience?
In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies making attempts at solving the problem of scaling and gradually realising that it’s not that simple.As the year has…
Slovenian finance authority proposes 10% tax on crypto income
Slovenian financial authorities have announced a proposal to tax cryptocurrency participants 10% on their asset income, specifically on purchasing and selling activities. 553 Total views 20 Total shares According to local media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10% taxable income bill on cryptocurrency asset activity…
AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train. 142 Total views 1 Total shares AI and machine learning (ML) is demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin miners are not
Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of…
Three Individuals Behind Alleged PlexCoin ICO Scam Charged with Fraud
A new indictment came down in the case involving three Canadians behind the alleged PlexCoin ICO scam which raised $8M in 2017. 1869 Total views 12 Total shares Three Canadian citizens involved with an alleged initial coin offering scam from crypto project PlexCorps have been charged with fraud over conning investors out of $8 million.According…