Bitcoin surpasses Solana to become second most popular NFT blockchain
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Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. 1071 Total views 12 Total shares United States Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the U.S. government, has called the cryptocurrency industry the “new shadow bank.”In a Sept. 5 interview with…
China’s leadership in the Bitcoin mining industry will be challenged
If you talk about Bitcoin (BTC) mining, you have to talk about China. China has become a giant in the Bitcoin mining ecosystem with major mines and pools, quick, cheap labor and a majority control of the world’s hashing power. So, should you go set up a mining operation there? Do the pros outweigh the…
BTC price needs to hold $70K next as Bitcoin weathers ECB rate cut
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years.
DeFi carnage, Chef Nomi’s admission, $625K prize for cracking Monero: Hodler’s Digest, Sept. 7–13
Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!Top Stories This WeekDeFi goes boom as top tokens crash by 50% — But enjoy a sudden reboundIt was an industry that looked like it was overheating for some time, and finally, at least for a…
UK tax agency cracks down on rules around DeFi lending and staking
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor 25 Total views 2 Total shares Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has…
The next big leap for Ethereum liquid staking: The staking landscape
Imagine a world where everyone, regardless of their background, can easily access and participate in the revolutionary world of Ethereum. A world where decentralized applications empower individuals, and the potential for innovation knows no bounds. Against a highly equivocal and chaotic macroeconomic landscape, this is the world that the prophets of Ethereum dream of. But…
Security, Loyalty Programs and the End of Overbooking: How Blockchain Could Help Airlines
Airlines and airports are functioning on outdated methods of information collection and distribution, using many isolated operating systems where data exchange can be timely and unsecure — despite a reported 170 percent increase in the past 20 years of U.S. outbound trips abroad. Major competitors have recognized how the characteristics of the aviation industry align…
ENS dumps director of operations in condemnation of homophobic tweets
True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets.On Feb. 6, the decentralized autonomous organization of Ethereum Name Service, or ENS, asked users to weigh in on what actions, if any,…