The proof of stake (PoS) consensus mechanism has gained steam in 2021 because it is more environmentally friendly and cost-effective compared to the proof of work (PoW) framework used in….
Block Inc, previously called Square Inc, was sued by tax preparation company H & R Block Inc for trademark infringement. (Read More)Source blockchain.news
Hardcore Bitcoin (BTC) investor Peter McCormack has announced that he has acquired English football club Bedford FC, which he hopes to build using the Bitcoin standard. (Read More)Source blockchain.news
Ex-Chairman of the US Securities and Exchange Commission Jay Clayton expressed his trust in the nascent digital currency world saying he is a “huge believer” in the technology underpinning the….
To celebrate efforts of saving children’s lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs. (Read More)Source blockchain.news
Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter. (Read More)Source blockchain.news
Bitcoin-mining-calculator/">Bitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange….
Mike Novogratz talked about critical impacts on the crypto market following Jerome Powell’s reappointment as Federal Reserve chairman. (Read More)Source blockchain.news
After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organisation ConstitutionDAO is planning to shut down after refunding the money….
Citi Group is looking to fill 100 jobs in its digital assets team. The news comes after the bank recently launched a digital assets group as part of its effort….
Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations. (Read More)Source blockchain.news
A key government official has revealed that Zimbabwe is considering legalizing cryptocurrency as a payment service. (Read More)Source blockchain.news
Despite Russia’s Central Bank imposed ban and restrictions on cryptocurrency usage in the country, Tinkoff bank is examining potential cryptocurrency investments services to offer to its clients. (Read More)Source blockchain.news
The Australian Federal Police (AFP) has uncovered cryptocurrency and cash worth more than $1.66 million during an investigation. Following information received from the FBI, the AFP arrested a hacker who….
The Houston Firefighters’ Relief and Retirement Fund, which manages nearly $5.5 billion in assets, announced that it has invested in cryptocurrencies. (Read More)Source blockchain.news
Five U.S. Senate Democrats have called for Facebook to discontinue its crypto projects. The senators addressed a letter to CEO Mark Zuckerberg on Tuesday just hours after the launch of its digital….
Earlier today, video game developer Valve banned all NFTs and cryptocurrency related games from its Steam platform. Steam is one of the world’s largest video game platforms, featuring a catalogue….
Former Chancellor of the Exchequer, Lord Philip Hammond has joined the London-based digital asset custodial service provider, Copper, as its Senior Advisor. (Read More)Source blockchain.news
92% of Bitcoin supply hasn’t moved in at least 30 days and 85% of this has been immobile for at least 3 months. (Read More)Source blockchain.news
Sorare, an Ethereum-backed fantasy football platform has announced its latest partnership with the top two leagues in Germany, the top-flight Bundesliga, and Bundesliga 2 DE. (Read More)Source blockchain.news
American payment company Affirm announced that it plans to launch a debit card that will add cryptocurrency buying and selling functions, allowing users with affirm’s savings accounts to buy and….