IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
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Crypto options desk QCP Capital wins Abu Dhabi license: Report
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history
XRP addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the XRP/USD and XRP/BTC pairs in late 2020.The return of XRP 'mega whales' A 76% spike in XRP "mega whale" addresses since December 2021 has been noted by…
Gucci becomes first major brand to accept ApeCoin payments
Italian high-end fashion giant Gucci has become the first major brand to accept payments in the Bored Ape Yacht Club affiliated ApeCoin (APE). The move was announced on August 1 and could provide the ApeCoin project with significant mainstream exposure along with bringing further utility to the cryptocurrency.Gucci customers in the United States (U.S.) will…
Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past
Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure blockchain. But what is the cryptocurrency landscape currently like in Canada? The history of crypto in Canada may seem…
Centralized crypto exchanges are key for mass adoption, despite FTX collapse
Hybrid, non-custodial exchanges could help restore industry trust in crypto but CEXs remain key for onboarding new users.
Ren launches bridge to Polygon for seven top crypto assets
The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network. 1667 Total views 1 Total shares The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow…
Bitcoin Reclaims $10,000 As Alts Rally
Thursday, July 25 — the crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) breaking back above the psychological price point of $10,000.Market visualization. Source: Coin360Having dropped to a four-figure price point in recent corrections, BTC is today up a solid 3.2%, bringing it to $10,075…
BNB Smart Chain scam losses dropped 75% in Q3: Report
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat. 245 Total views 7 Total shares Scams facilitated on BNB Smart Chain (BSC) decreased from $55.4 million in the second quarter of 2023 to $13.6 million in the third quarter, according