Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers.
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Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case.
Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus
The Bitcoin LSTs can be used to power the Talus blockchain's virtual artificial intelligence assistants.
Marvel reveals official NFTs will be available on VeVe marketplace by 2022
Some of the more well known characters from Marvel include Wolverine, Spiderman, Iron Man, and Captain America. The VeVe virtual marketplace will soon have official nonfungible tokens and digital comic books from Marvel.In a Thursday announcement, Marvel Entertainment said it had partnered with Orbis Blockchain Technologies to release nonfungible tokens, or NFTs, and digital collectibles on…
Ethereum market cap hits $337 billion, surpassing Nestle, P&G and Roche
Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This impressive figure pushed the value of the Ethereum network ahead of the total market cap of major companies like Procter & Gamble's ($326 billion) and PayPal's $308 billion.The market cap figure is achieved by multiplying the…
Bitmain Pulls Schrödinger Act as Power Struggle Reaches New Heights
Bitmain is having a Schrödinger moment as official accounts make contradictory statements on payment details. 1745 Total views 61 Total shares The power struggle between the two co-founders of Bitmain, Micree Zhan and Jihan Wu, seems to have reached new heights as Zhan appears to be re-routing its financial flows to entities fully controlled by…
FTX’s former law firm hit with lawsuit alleging it set up shadowy entities
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds. 298 Total views 11 Total shares FTX’s former primary counsel Fenwick & West LLP has been hit with a class-action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud.An…
Ethereum fees are skyrocketing — But traders have alternatives
With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish…
Selected Shenzhen residents to get lottery ‘red envelopes’ with digital yuan
Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants. Programs to pilot and encourage widespread adoption of China's central bank digital currency, known as DC/EP or the digital yuan, are continuing apace. As a New Year's offering, the city of Shenzhen is offering its…