Cryptocurrency Analysis and News Portal
Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps, and other Web3 protocols, the new aggregator should help prevent governance attacks that originate from cross-chain
Read More
Had it succeeded, Diem would have presented two challenges, which were discussed publicly at the time, for the federal government to wrestle with. Libra’s stablecoin would have launched when the U.S. lacked a comprehensive regulatory framework for stablecoins, meaning it would exist in a legal and regulatory gray space. And,
Read More
The controversial digital ID crypto project Worldcoin launched on July 24 after three years of development. The project was co-founded by Sam Altman, the CEO of OpenAI — the company behind the popular artificial intelligence (AI)-based chatbot ChatGPT. Worldcoin made headlines right after its announcement in June 2021, as it promised
Read More
When energy demand and prices spike, the cost of the energy outweighs the price of Riot staying in operation, so “they're going to shut down anyway,” Sawicky said. Her argument was echoed by State Senator Lois Kolkhorst, who sponsored the mining cap bill, and environmental advocates at the bill hearing. Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent social media skirmish, former Twitter CEO and Bitcoin advocate Jack Dorsey sparked a heated debate by affirming that Ethereum (ETH) could be considered a security. The statement from Dorsey immediately drew attention and triggered
Read More
An EU study published last week has reopened a debate over whether digital assets should be regulated as securities – though lawmakers appear to favor a tailored approach. Source
Read More
The trio visited Dresden, NY, home of Greenidge Generation’s bitcoin mining operation, which has become a lightning rod in the wider debate over Bitcoin’s environmental impact and, in particular, the political battles over New York State’s move last year to impose a ban on new mining projects. They found that
Read More
New York, along with Texas, has become a hotspot for that debate, and Greenidge has become an unlikely poster child. Though other mining facilities, such as Riot Platforms’ center outside of Austin, Texas, have played bigger roles in the bitcoin mining debate, Greenidge occupies a prominent spot in discussions in
Read More
Ether (ETH), the second-largest cryptocurrency by market capitalization, rose more than 1% to hover around $1,830 Monday afternoon. Among other digital assets, LDO, the governance token for the liquid staking platform Lido, surged 11% to trade at $2.15, while indexing protocol The Graph's GRT token jumped more than 12% to
Read More
“Real bitcoin transactions are being priced out,” wrote mailing list member Ali Sherief, who started the thread on Sunday. “Such justifiably worthless tokens threaten the smooth and normal use of the Bitcoin network as a peer-to-peer digital currency, as it was intended to be used.” Original Source
Read More