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Iranian Ministry of Energy decided to temporarily stop operations of crypto mining hubs. The reason is the high level of electricity usage in winter. Chairman of the country's power grid developer and operator, Iran Grid Management Company, Mostafa Rajabi Mashhadi talked about the adopted measures...
On Christmas Eve, the founder of the Cardano blockchain protocol, Charles Hoskinson, talked about the crypto sector and the protocol's future plans. After smart contracts՛ going live on Cardano, in September, over 100 dapps have been under active development. Two million assets have been...
The team behind the development of the meme coin Dogecoin, presented its first roadmap "trailmap". It includes 8 points. Among them are Dogecoin protocols library LibDogecoin and development solution GigaWallet. In the announcement, Dogecoin Foundation revealed that Vitalik Buterin...
The local media of Turkey says, according to the country’s president, Recep Erdoğan, crypto law is now ready and it’ll be sent to the Parliament with no setback. He revealed the news in a recent meeting with economics journalists. In his speech, Erdoğan said people will see the guarantee of...
Blockchain protocol Internet Computer added Ethereum integration via a cross-chain bridge. The upgrade was one of the 25 proposals that the community members voted for. It was submitted on December 20, and was adopted as the absolute majority voted yes to...
The president of El Salvador is at the center of discussions for his Bitcoin policy. In September El Salvador made Bitcoin legal tender, becoming the first country to do so. Along with this, the government has been adding its BTC holdings. President Bukele's move wasn't perceived well by everyone....
Polygon, a blockchain protocol, focused on increasing Ethereum’s scalability, revealed that leading Ethereum-based DEX UniSwap went live on it. On Nov. 20, the Polygon team presented a proposal to deploy UniSwap on Polygon. Due to the voting process, over 72 M UNI holders voted in its favor....
The next CTO of Meta, the parent company of Facebook, Andrew Bosworth, plans to build extended interoperability between the firm and blockchain protocols. As per a report by the NY Times, the source of which is an internal message from the executive, Meta is exploring possibilities to partner with...
US senator Cynthia Lummis, who is a supporter of crypto, announced her plans to put forward a comprehensive crypto bill that will bring the industry clarification. The politician is in favor of including crypto in financial systems properly. A Bloomberg release says, the regulatory structure that...
During a talk program Squawk Box, Galaxy Investments CEO Mike Novogratz said that with increasing demand from institutions for Bitcoin, the volatility of the coin is likely to reduce. According to Novogratz, that is a good thing. In his opinion, BTC is a store of value and not a transactional...
The US SEC continues to disapprove physically-backed Bitcoin Exchange Traded Funds (ETFs). On Dec. 22, the regulator released the decisions on the requests from the exchanges NYSE Arca to trade shares of the Valkyrie BTC Fund and Cboe BZX to trade Kryptoin BTC ETF Trust. The reasons for rejections...
A year ago, on December 22, the US Securities and Exchange Commission (SEC) started a lawsuit against the blockchain company Ripple and its executives Chris Larsen, and Brad Garlinghouse. The regulator says XRP, the native crypto of Ripple, is unregistered security, and Ripple Labs wasn't allowed...
Block (formerly Square) CEO Jack Dorsey criticized the web 3 sphere recently, saying it isn't decentralized, but venture capital firms are those who own it. In a tweet published on December 21, the former CEO of Twitter said web 3 is a centralized entity with a new label. In a later tweet, Dorsey...
Ethereum scaling network Polygon and Opera Browser built a collaboration, which suggests the browser's integration with Polygon, thus providing users in-browsers access to over 3000 dapps supported on Polygon. Among leading dapps operating on the Polygon protocol are lending and borrowing protocol...
The president of El Salvador, Nayib Bukele made another Bitcoin acquisition on Dec. 21. Before the transactions, he tweeted that El Salvador’s total size is 21,000 km2. Bukele mentioned he doesn't think it's a coincidence. He added the Bitcoin hashtag and El Salvador's flag to the post. Bitcoin's...
The native crypto of the Terra blockchain ecosystem, LUNA keeps rising. Going up by over 66% in the last 7 days, the price of the token surged over $97. At the moment, LUNA is the 9th largest crypto with a market cap of over $36 bln. Total value locked in Terra has gone up essentially, making it...
Former US President Donald Trump’s crypto views haven’t changed. Lately, he once again criticized the sphere, saying it is very dangerous. He stated his opinion at the interview with financial journalist Maria Bartiromo on FOXBusiness. To Bartiromo’s question, what Trump thinks about crypto...
The Ethereum development team has completed the Kintsugi public testnet, set to check for the latest blockchain algorithms as a part of switching from Proof-of-Work to Proof-of-Stake consensus. With the switch Ether mining will be based on deposits and become environmentally friendly. The...
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