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These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake –…
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus…
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Sports Metaverse company secures $200 million funding
Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity exchange listing. …
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Lummis-Gillibrand is a blessing for the crypto industry
There’s never a good time for a crypto winter, but it would be difficult to envision a worse time than right now.Even before 70% of Bitcoin’s (BTC) value evaporated seemingly overnight, things were not going great in the court of public…
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Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules – Regulation…
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and…
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US Treasury Sanctions Crypto Addresses Tied With Neo-Nazi Russian Group
The United States Treasury Department added five cryptocurrency addresses to its sanctions blacklist. All wallets are connected to the Russian neo-Nazi paramilitary group – Task Force Rusich – that has participated in…
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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work –…
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50…
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South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports…
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Crypto Yields Are Starting to Pay Less Than Government Bonds
The once notoriously high yields provided by crypto lending services are now struggling to compete with more traditional, safer options.
While yields for 3-month treasury bills slowly rise, AAVE’s lending rates on USDC…
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US Treasury sanctions 5 crypto addresses connected to Russian neo-Nazi paramilitary group
The United States Department of the Treasury added five cryptocurrency addresses tied to a neo-Nazi group involved in Russia’s war on Ukraine to list of entities sanctioned by the Office of Foreign Asset Control.In a Thursday notice, the…
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The Ethereum Merge to proof-of-stake is complete — What’s next?
In this week's episode of Market Talks, we welcome Julian Hosp, CEO and co-founder of Cake DeFi.Julian Hosp is the CEO and co-founder of Cake DeFi, a highly intuitive online platform dedicated to providing access to decentralized…
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