China still controls 55% of Bitcoin hashrate despite crypto ban
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
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United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector.Giancarlo made his remarks during a speech devoted to EU-U.S. regulatory cooperation for derivatives markets, delivered at the Eurofi Financial Forum in Bucharest, Romania on April 4.The…
Striking a chord: DeFi’s domino effect on NFTs and Web 3.0 adoption
Decentralized finance (DeFi) has shined a spotlight on a fairer internet since early 2020, and we’re on the brink of something world-changing. DeFi technology would not be possible without the web infrastructure that is widely used today, demonstrating the tremendous strides we have made with next-level innovation. The third era of the internet has already…
Blockdaemon mulls 2026 IPO: Report
Other Web3 infrastructure platforms, such as Circle, are also considering IPOs.
Powers On… Why US officials ignore ethics and STOCK Act by trading stocks?
About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary,…
Elon Musks lays out when Tesla will begin accepting Bitcoin payments
Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation. 3672 Total views 5 Total shares Tesla CEO Elon Musk says his electric-vehicle company will start accepting Bitcoin (BTC) payments once there’s confirmation that miners are utilizing clean energy, offering a glimmer…
Mongolia: Central Bank Gives Permission to Issue First Digital Currency
Mongolia’s largest mobile telecoms operator has become the country’s first licensed entity to issue its own digital currency. This is according to a report by the official state media outlet Montsame Friday, September 28.Mobicom’s financial arm Mobifinance is now clear to issue the e-currency, dubbed “Candy,” to investors, Montsame confirms. The executives have received formal…
Jack Dorsey courts controversy by claiming ETH is a security
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development. 950 Total views 1 Total shares Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether…
One Month On, Forsage Continues Despite SEC’s Ponzi Warnings
A full month after the Philippines' Securities and Exchange Commission flagged Forsage as a likely Ponzi, it remains the second-most popular Ethereum DApp on internet rankings.As of Aug. 6, Forsage has 390,000 users and a turnover of $3.11 million per 24 hours — despite being marked in dappstat.com rankings as “high risk.”Speaking to Cointelegraph in…