Cryptocurrency Analysis and News Portal
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) issued sanctions against Tornado Cash this month, marking its first action against a decentralized finance (mixer in what may prove to be a watershed moment for DeFi regulation.A lack of response and regulatory preparation from the industry is perhaps unsurprising of
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Mining for cryptocurrencies can be highly energy intensive, with bitcoin mining alone requiring the same amount of electricity as the Netherlands' annual total power generation, or 0.5% of total global electricity consumption, Morgan Stanley said in a report entitled “ESG Considerations.” Source
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Liechtenstein is a dual U.S.-Russian citizen, and renewed his Russian passport in 2019, say prosecutors. The two also traveled to Ukraine in 2019 for a month-long trip together. While the defense says it was just a vacation, prosecutors contend the two were preparing contingency plans for a life abroad. Source
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Nakamoto Games offers a sneak preview of its play-to-earn 3D multiplayer game Escape Play-to-earn gaming platform Nakamoto Games has offered the public a sneak preview of what 2022 will be like. This cutting-edge games producer has given a quick peek at Escape – its upcoming 3D multiplayer strategy game. The
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By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockchains are popular: The ability to put
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Blockchain is rapidly becoming the innovative force industry insiders have been promising for years. The number of projects and artists offering their works using it as a core technology may be shifting the current economic model under which most musicians operate. Non-fungible tokens, or NFTs, allow independent artists to earn
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Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities
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A survey provided to USA Today by Harris Poll has found that Black, Hispanic, and LGBTQ Americans are significantly more likely to own crypto assets.According to surveys of 2,010 and 2,003 U.S adults conducted during June and July, 23% of Black Americans and 17% of Hispanic Americans indicated they are
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Bitcoin price is still stuck under $60,000 but unable to push any lower than $55,000. The tightening across the crypto market has been long and arduous but when $60,000 is finally broken, the crypto asset should reach what one analyst calls “escape velocity.” Here’s what the term means and what that
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The collapsed financial firm had previously supplied cards to several cryptocurrency companies. Source
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