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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‘Wild west’ as developers MacGyver highly popular NFTs on Cardano
Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum — and, what’s more, so far they’ve proven to be enormously popular with…
Marathon Digital: Deposits held at Signature Bank are secure and available
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Own this piece of history Collect this article as an NFTCrypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature…
Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?
Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18.There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level.First, BTC rallied strongly in a short squeeze after the majority of the…
Will Blockchain Protect the World Economy from Financial Crises?
In the blockchain movement’s ideology, the 2008 financial crisis holds a special spot. A critical juncture in the history of global capitalism, it readily provides a bedrock narrative that justifies the very purpose of a decentralized digital currency. This is what happens when we put too much trust in centralized custodians of wealth; this is…
Ethereum vulnerable to frontrunners: Researcher
Bots abound. 1729 Total views 16 Total shares Ethereum may be vulnerable to frontrunners according to Dan Robinson, a research partner with the crypto-asset investment firm Paradigm. Robinson said in a blog post, the design of Ethereum’s mempool, or a set of unconfirmed transactions, is where the vulnerability lies. He said arbitrage bots monitor pending transactions…
Movement Labs targets 1-second L2 finality by end of 2024: Co-founder
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said.
NuCypher and Keep Network propose ‘world’s first decentralized protocol merger’
Data encryption and protection protocols Keep Network and NuCyper have announced plans to integrate around a new network dubbed “Keanu.” 2561 Total views 13 Total shares The communities of crypto projects Keep and NuCypher are proposing a “hard merge,” with onlookers describing the move as “the world’s first decentralized protocol merger.”Proposals were published to the…
SBI Holdings’ Subsidiary to Pay Shareholders Dividends in XRP
On Aug. 29, MorningStar Japan, a subsidiary of financial services giant SBI Holdings, announced that it will offer its shareholders dividends in the form of XRP tokens.According to the statement, the Japanese company will offer 30 XRP to its shareholders if they hold a minimum of 100 shares by Sept. 30. Shareholders will receive 30 XRPIt…