LayerZero identifies over 800k addresses in sybil self-reporting phase
Initially, the team identified over 2 million addresses as potential Sybils but later refined their criteria to minimize false identifications, resulting in a more precise classification.
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Why banking uses at least 56 times more energy than Bitcoin
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. 425 Total views 23 Total shares The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic. The banking industry uses at least 56 times more energy. That's…

ECB wants final say on the legal status of private stablecoins in the EU
The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem. 1914 Total views 8 Total shares The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission.According to Reuters, the ECB has asked EU lawmakers for veto powers concerning…

Atari Partnership Paves Way For Token Adoption
Atari's new partnership sets the stage for builders to incorporate the gaming powerhouse's token. 941 Total views 24 Total shares Atari has partnered with blockchain-as-a-service, or BaaS, company Arkane Network, allowing digital asset integration into gaming. A key aspect of the announcement sees developers able to build Atari's Token into aspects of the gaming sphere, said a…

Tether expands USDT to Aptos blockchain for lower fees
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.

ECB needs ‘globally coordinated regulatory action’ on crypto, says official
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal." 153 Total views 2 Total shares European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks.In a written statement…

FB’s Internal Q&A Sessions Reveal Early Strategy for Libra: Leaked
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch.One month after releasing Libra’s white paperOn Oct. 1, tech news agency The Verge published audio and text from recent internal meetings at Facebook where CEO Mark Zuckerberg answered employees’ questions about the future of the social media…

Celsius token surges 300% a month after $2.5B payment to creditors
The Celsius token skyrocketed 300% a month after the firm paid $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.

Bitcoin futures ETFs: Good, but not quite there
The odds of the United States Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) exchange-traded fund (ETF) before a physical Bitcoin ETF are higher than ever, courtesy of Chairman Gary Gensler’s now oft-repeated preference for the former.But here’s the issue: an ETF built around crypto futures isn’t the most efficient, economical or easiest route.…