EU Propose Ban on Proof-of-Work Cryptos
Lawmakers in Europe are planning to target crypto’s using proof-of-work mining, which could result in a ban on proof-of-work cryptocurrency mining across the 27 countries that make up the European Union. This move comes amid concerns over the associated energy
Mexican Senator Says Country Should Adopt Bitcoin
The Salvadoran government has been highlighting the benefits derived from the adoption of Bitcoin as legal tender. The benefits realized seem to have attracted the attention of Mexico, with a government official in the country urging for the adoption of
Belgian MP First EU Politician Paid Salary In Bitcoin
The level of global crypto adoption has significantly grown over the past year. A space previously surrounded by skepticism, myths and misinformation is now attracting the attention of legislatures. A Belgian member of parliament is the latest individual to join the
Coinbase Expands Offerings By Listing Solana
Coinbase, one of the leading cryptocurrency exchange platforms, plans to expand the list of the number of tokens supported on the platform. The exchange is planning to increase its user-base by being the ideal trading platform for traders that want
Billboards In Austin Geared At Boosting Crypto Adoption
The level of crypto adoption in the U.S. has grown significantly over the past year. Despite the massive growth, very few people are educated about the cryptocurrency market and how to invest in the sector. The founder of a website offering
BlockFi Hit With $100M In Penalties
BlockFi, a crypto lending platform, has agreed to pay $100 Million to settle ongoing investigations by the Securities and Exchange Commission and various state regulators in the United States. BlockFi has been accused of offering an illegal product in which consumers
Google Cloud Launches Digital Assets Team
Tech giants have been scrambling to tap into blockchain technology and its potential. Due to the increased rate of global adoption in matters blockchain, cryptocurrency and decentralized technology, no firm wants to be left behind in adopting this revolutionary technology. Google Cloud
DoJ Recovers 90,000 Bitcoin From Bitfinex Hack
The Bitfinex hack was one of the largest ones in the cryptocurrency community. The hack that happened in 2016 was left unsolved for over five years, but the perpetrators have since been brought to justice. On February 1, the wallets involved
Bank of Russia Registers Country’s First Digital Asset Manager
Russia is one of the largest crypto economies globally. The country’s crypto regulatory framework has been in the “gray zone” for a long time, but a shift is now happening. The Bank of Russia has registered the first digital asset management company,
Wormhole Hacked And Funds Restored
The Wormhole bridge linking the Ethereum and Solana blockchains suffered an exploit that resulted in $320 Million being stolen from the platform. The exploit was marked as the second-largest decentralized finance (DeFi) hack after the Poly Network hack last year. The platform