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Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea – Bitcoin News

Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned

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SEC chair compares stablecoins to casino poker chips

United St Securities and Commission, or SEC, chair Gary Gensler has doubled down on his “Wild West” analogy for cryptocurrencies, calling stablecoins instruments for gambling at old-timey casinos. Speaking to Washington Post columnist David Ignatius on Tuesday, Gensler said most projects in the crypto space dealt with securities that fall under

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Recent Analysis Compares Waste From One Bitcoin Transaction To Throwing Out Two iPhones

There have been many studies that have highlighted the carbon footprint and electricity usage problems of Bitcoin transactions. Founder of Digiconomist Alex de Vries and researcher at MIT’s Center for Energy and Environmental Policy Research, Christian Stoll, released a new study that shines a light on the electronic waste that

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Vitalik Buterin compares DeFi tokenomics to the Fed’s money printer

Vitalik Buterin, the co-founder of Ethereum (ETH), has again taken to Twitter to warn against naive bullishness in the decentralized finance (DeFi) sector, comparing the economics of yield farming tokens to the Federal Reserve’s money printing.Yield farming - providing liquidity to earn interest in the form of tokens - has

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Founding Father of Blockchain Praises Electroneum, Compares Its Security With That of Bitcoin’s

The world-renowned scientist W. Scott Stornetta compares the differences between the two security systems – Bitcoins and Electroneums.Dr. Scott Stornetta is the blockchain co-inventor quoted in the Bitcoin whitepaper written by Satoshi Nakamoto, who created the first cryptocurrency in 2009.The globally renowned scientist considers himself as the person who “has

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