EU will introduce energy efficiency labels for blockchain technology
The EU is regulating all kinds of things like the size that a cucumber should have or the heat isolation of houses. Different industries already had their struggle with this regime and many people believe that some attempts are...
Mainnet launch not as successful as anticipated
Aptos has created a lot of anticipation in the last couple of months. It started with an incentivized testnet that allowed users to earn APT tokens in return for their service to the testing environment. Today the big release...
Some takeaways from Bitcoin Amsterdam 2022
For the first time since 2014, there was a Bitcoin conference in Amsterdam. From October 12 to 14, 2022, three thousand Bitcoin enthusiasts gathered at the grounds of the Westergasfabriek in Amsterdam-West. One of the important themes? The...
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Why is Kanye wearing a Satoshi hat?
It's probably no coincidence that Kanye West ('Ye'), only a few days after his JP Morgan bank account was announced to be canceled, appeared in public wearing a Satoshi Nakamoto hat. The photo appeared just when Paypal got a...
Tether is backing its stablecoins with US treasury bills
Over the last three years, Tether was and is under constant attack. It promised that each USDT was backed by 1 US-Dollar for a long time. It was only after a trial in New York was concluded that the...
More than 51 % of Ethereumās blocks are censored
MEV boost is a script that allows Ethereum validators to maximize their staking reward by selling block space to an open market of builders. Up to 60 % more revenue is promised when using the technology. Needless to say,...
second Tornado Cash related lawsuit
Blockchain advocacy group Coin Center has filed a lawsuit against the US Treasury over its Tornado Cash sanctions. It's already the second lawsuit with big backers. A month ago, Coinbase financially supported the first lawsuit.
The reason Coin...
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New on Google: look up Ether wallet balances
On Google, you can now enter an Ethereum address in the search field and you will see the balance of ETH held at that address. It is one of the signs that Google is getting more and more into...
$750 million are on their way to save them
Bitcoin miners face dire times and consequences. Ever since Bitcoin dropped below $20.000 this year many of them start to face serious liquidity problems. The equipment, facilities, personnel, and energy costs are still demanding, and at the same...
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US CPI data is in ā Why didnāt Bitcoin collapse?
There are two events that determined in the past 9 months how the Bitcoin price developed. The first one is the release of US CPI data that happens each month. The other is the result of each FOMC Meeting,...
Uniswap raises funds, valued at 1.6 billion
Uniswap Labs, the company behind Uniswap, has raised $165 million in a new funding round. Uniswap Labs can use the capital to expand the number of services it offers. Itās a remarkable injection of capital at a time when...
Ethereum launches testnet for Shanghai upgrade: Hereās what is next
Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live. Ā Developers can now begin...
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NFT project Azuki launches Physical Backed Token
Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) ā an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. Ā Azuki shared on its Twitter account that...
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French energy company runs Ethereum nodes
According to a recent report, French energy company EDF manages more than 150 Ethereum nodes. Under a subsidiary company, Exaion, EDF is managing 10 Ethereum nodes itself. 140 Ethereum nodes are run on behalf of EDF clients. 'We want...
Silvergate Capital’s crypto-to-fiat transfers decrease by $50B compared to Q3 2021
On Oct. 18, Silvergate Capital, a crypto-fiat gateway network designed for financial institutions, announced its financial results for Q3 2022.The bank, known for services such as processing consumer fiat deposits to cryptocurrency exchanges, saw...
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Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are āexhaustedā
Bitcoinās (BTC) lack of volatility has been the dominant discussion point among traders for the past two weeks and the current sideways trading within the $18,000 to $25,000 range has been in effect for 126 days. A majority of...
Europe moves toward regulatory action on cryptoās environmental impact, energy use
The European Union (EU) released a package of documents on Oct. 18 related to an action plan for implementing the European Green Deal and the REPowerEU Plan, both of which aim at energy savings by digitalizing the energy sector....
Users upset that Binance’s wrong crypto network retrieval fees have soared to 500 BUSD
On Oct. 18, the product team at cryptocurrency exchange Binance held an ask-me-anything session with users on Reddit. Of particular interest was a discussion that arose regarding retrieval fees for crypto sent on different networks than the...
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Bitcoin, venture capital and security tokens flash green: Report
The blockchain industry does not exist in a bubble. The impact of the rest of the worldās economic turmoil seems to be stomping all over the progress of the āblockchain revolution.ā Traditional markets like the S&P 500 index crashed...
SEC probes the Apes – LiteBit
The U.S. Securities and Exchange Commission (SEC) is on the warpath. It is rumored to be investigating the legal status of the Bored Apes NFTs and the Bored Ape Yacht Club ecosystem's own currency: Apecoin.
The SEC is reportedly...