Cryptocurrency Analysis and News Portal
Cryptocurrency may be "out of fashion", but it still draws new users to Web3 every day, in particular in emerging markets such as Brazil, according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext. During the Web Summit in Lisbon, Ribeiro discussed with Cryptox's Joe Hall Bitcoin's perspectives, Brazil's vibrant
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The National Bank of Georgia (NGB) is developing the digital GEL and is searching for a suitable partner. NGB plans to launch a Limited Access Live Pilot Environment through various use cases to test the technology capabilities and potential application areas of the Central Bank Digital Currency (CBDC) system. After extensive research, NGB has
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A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US and pending ETF applications.Speaking exclusively to Cointelegraph during the
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The exchange recently partnered with blockchain platform Neo to bring its APAC Hackathon to the southern city of Bengaluru in an effort to understand the local culture and support the Web3 ecosystem. Global cryptocurrency exchange OKX has announced that it will be expanding to India despite the murky regulatory environment in
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The platform said it took the "difficult decision" with its U.S. banking partner because of an "evolving regulatory environment" in the country. Regulators there, led by the Securities and Exchange Commission, have been cracking down on crypto, targeting exchange platforms like Coinbase (COIN) and Binance, as well as a host
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"At the very least, environmental argument should not be used as smokescreen to curtail freedom to transact," wrote Kennedy Jr, who is a long-time environment advocate, reiterating a point he made last week at a Twitter space hosed by bitcoin investor Scott Melker. Source
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Why Ethereum Ditching Mining Isn't Better for the Environment Source
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Third, miners with access to cheaper energy enjoy a tremendous advantage. If energy is 70% of your cost and you can find a 50% savings on energy, you’ve just cut expenses by 35% making for a dramatic increase in margins. Other business advantages matter too – firmware, cooling, taxes, personnel,
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Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels. Source
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Bank of America says it continues to differentiate between the trading of blockchain-native crypto tokens, for which regulations are still being established, and the trading of tokenized traditional assets including exchange-traded-funds (ETFs), repos and gold, for which the “rules are already established and trading volumes have already reached trillions of
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