Bitcoin enthusiasts and the other market-watchers often wonder whether Bitcoin can eclipse the prevailing payment methods like VISA. Bitcoin electricity use is very high, and the Bitcoin community needs to address this first.
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Visa Ditches Several Crypto backed European Cards
By Guest Author- Danie, Philippines It was only last year when the bridge between cryptocurrency and fiat materialized in crypto enabled Visa debit cards. At the onset, predictions were optimistic about the fusion of these two. Cryptocurrency aficionados were delighted.…
MIT Brothers Face Charges for $25 Million Ethereum Heist
In an incident that reverberated throughout the cryptocurrency community, two talented brothers from the Massachusetts Institute of Technology (MIT) have been charged with orchestrating a meticulously planned heist on the Ethereum blockchain. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are…
Polymarket Gains $70 Million in Funding Despite Regulatory Challenges
In recent times, Polymarket has emerged as a platform that enables users to engage in betting on political events. Spearheaded by renowned investors such as Peter Thiel’s Founders Fund and Ethereum co-founder Vitalik Buterin, Polymarket has successfully raised an impressive…
US Justice Department Appoints FRA as Binance Monitor Following $4.3 Billion Plea Deal
In a significant development, consulting firm Forensic Risk Alliance (FRA) has been chosen by the United States Justice Department to fulfill the role of an outside monitor for Binance Holdings Ltd. This decision comes after Binance pleaded guilty to violating…
Althea Enhances Telecom and Utilities with New Blockchain Technology
Althea, an innovative company in the telecom and utilities industry, is dedicated to transforming the infrastructure landscape and reshaping the funding, construction, and operation of networks. Through the incorporation of the Interchain Stack and the introduction of the Althea L1…
U.S. Department of Justice Charges Cryptocurrency Wallet Developers in Major Legal Shift
In recent developments, the U.S. Department of Justice (DOJ) has initiated criminal charges against cryptocurrency wallet developers, marking a significant shift from the longstanding governmental stance that such developers are not money transmitters. This article delves into the intricacies of…
EigenLayer Crypto Project Captures DeFi Market with 14 Billion Dollars in Assets
The EigenLayer crypto project has recently taken the digital asset market by storm, emerging as one of the most anticipated and controversial launches of the year. This decentralized finance (DeFi) protocol has garnered significant attention and amassed a staggering $14…
KfW Launches First Blockchain Based Digital Bond
Kreditanstalt fuer Wiederaufbau (KfW), the German state-owned development bank, is poised to make a significant leap forward in the world of finance with the issuance of its first-ever blockchain-based digital bond. This move follows KfW’s successful venture into digital bonds…
Robinhood Posts $157 Million Profit Amid Crypto Surge and SEC Scrutiny
Robinhood Markets Inc., a prominent financial services company, has recently reported its second consecutive quarterly profit, benefiting from higher interest rates and the surging popularity of cryptocurrency trading. This article explores the factors contributing to Robinhood’s financial success while highlighting…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
