Crypto
Congress Report States Cryptocurrency Mining in US Rivals Energy Use of Houston
A new investigation by congressional Democrats found that major crypto miners consume as much energy as each home in Houston, Texas.
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Crypto
Staked Ether’s Discount Dwindles to -2% as Date Revealed for Ethereum’s Merge
As The Merge inches closer, investors are waking up to Ethereum's greater potential amid a positive Monday for crypto.
Crypto
Reserve Bank of India Seeks Ban on Crypto, but Government Claims Global Response Needed
The Indian government has said a global collaboration is required to effectively ban cryptocurrencies as Central Bank demands for a blanket ban grows.
Crypto
ETH Heads For $1.5K Ahead of the Merge
ETH soared over 20% during the weekend after Ethereum community members hinted a new date for the Merge, which is likely to come in mid-September of…
Crypto
Putin Bans Digital Asset Payments in Russia
President of Russia Vladimir Putin signed a new legislation banning digital financial assets as a means of payment.
Crypto
Celsius Estimates 1/3rd of its Loans to be Bad Debt
A new declaration by CEO Alex Mashinsky reveals one-third of the Celsius Network's total loans represent bad debt.
Crypto
JPMorgan Estimates Bitcoin Production Cost Down to $13,000 but Could Harm Price
Bitcoin's production cost fell to $13,000 from $24,000 last month due to cheaper electricity prices. But, the decline could hurt BTC's future price gains.
Crypto
User Funds Likely Lost as Celsius Network Declares Bankruptcy
Celsius' terms of services say users might not be able to recover their crypto used in the "Earn" service or as collateral in the event of…
Crypto
Chinese Freight SaaS Service Provider to List Security Token in the U.S. After Regulatory Issues
Chinese freight SaaS service provider HGC Info Tech plans to list a digital security token on the U.S. digital asset exchange INX later this month.
Crypto
Lightning Network Key to BTC’s Adoption: Paper by Federal Reserve Bank of Cleveland
New research paper demonstrates how adopting the Lightning Network significantly reduces Bitcoin blockchain congestion and lowers mining fees.
Crypto
GameStop’s NFT Marketplace Fails to Impress on Launch, But Can it Spur Mainstream Adoption?
GameStop's NFT marketplace brought about $45,000 in transaction fees during its first 24 hours.
Crypto
Celsius Pays Off Final Debt to Aave, but Vermont Regulator Warns of Insolvency
Celsius Network closed its debt to Aave after a final payment totaling $8 million in USDC.
Crypto
Vitalik Reiterates Not All PoS Blockchains Allow Voting: Is Ethereum a Security?
The perennial debate between proof-of-stake (PoS) and proof-of-work (PoW) maximalists continues in earnest.