Author: CryptoHoppers
A CoinGecko report shows that gold-backed tokens like Tether Gold (XAUT) and PAX Gold (PAXG) account for 83% of the market cap. Source link
Iceland’s vast network of hydroelectric and geothermal plants have made the island nation the world’s largest energy producer per capita. A robust crypto mining industry has also made it the world’s foremost Bitcoin hashrate producer by the same metric. Yet when Prime Minister Katrín Jakobsdóttir looks to the future, she prefers to picture corn over crypto mining. Jakobsdóttir, speaking to the Financial Times, outlined a goal of increased food production for the country alongside a transfer of renewable energy away from the crypto mining industry and towards’s Iceland’s households and other industries. “Bitcoin is an issue worldwide . . . but data centres in Iceland use…
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024, the lead developer at Blockchair unveiled L2 Watch, an […] Source link
According to CoinGecko Research, the Solana network has emerged as the dominant blockchain ecosystem so far this year, securing 49.3% of global crypto investor interest in chain-specific narratives. The report attributes this surge in popularity to Solana’s price recovery, nearing its 2021 highs, along with the strong performance of ecosystem projects like Pyth and native memecoins such as dogwifhat. Top 20 Most Popular Blockchain Ecosystems on CoinGecko1. Solana2. Ethereum3. BNB Smart Chain4. Cosmos5. Avalanche6. Arbitrum7. Base8. Sei9. Sui10. Polygon11. TON12. zkSync13. Cardano14. Polkadot15. Metis16. Fantom17. Injective18. PulseChain19. Aptos20. Hedera— CoinGecko (@coingecko) March 20, 2024 On Monday, Solana’s price exceeded $200…
Share this article The US Securities and Exchange Commission (SEC) is under fire for its perceived lack of clarity regarding Ethereum (ETH). In a recent post on X, Coinbase’s chief legal officer, Paul Grewal, challenged the SEC’s position, arguing that the SEC doesn’t have sufficient reasons to classify ETH as a security nor justifiable reasons to reject a spot Ethereum exchange-traded fund (ETF).Grewal pointed to several key points about Ethereum, including the widespread adoption of ETH. According to him, classifying ETH as a security potentially impacts several US citizens.The core argument is that “ETH is a commodity, not a security.”…
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal Ethics From FTX Bankruptcy Proceedings The SSRN research paper entitled “Conflicting Public and Private Interests in Chapter 11” meticulously explores the controversial […] Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors anticipate market transformation as Pushd (PUSHD) emerges as a decentralized online marketplace, backed by Avalanche (AVAX) scalability and Chainlink (LINK) connectivity. Avalanche is a very powerful scaling solution on Ethereum (ETH), Avalanche is able to pull off over 6,500 transactions per second while maintaining scalability. Avalanche can do this because it has three individual blockchains powering it. Chainlink is a great crypto abstraction layer, Chainlink is used to make the decentralized world a little more connected. Chainlink can…
Share this article Floki, the dog-themed meme coin, has announced a new roadmap that includes offering regulated digital banking accounts and debit cards to its users. The project aims to allow users to fund their accounts using FLOKI tokens and transact in USD, EUR, and GBP.“Users will be able to create digital bank accounts and generate debit cards linked to these accounts,” the roadmap says.According to the roadmap published by Floki developers, the project will introduce Floki-powered bank accounts in partnership with a fintech company licensed in Canada, Spain, Dominica, Australia, and the UAE. Users will be able to create…
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin halving, set for mid-April 2024, is poised to slash miner rewards from 6.25 BTC to 3.125 BTC, a […] Source link
Posted: February 19, 2021 Tech company Nvidia, inventor of the GPU has decided to address the “specific needs” of the Ethereum mining community. According to its latest announcement, the firm launched NVIDIA CMP, a dedicated GPU for professional mining. At the same time, Nvidia RTX 30-series GPUs will now limit the hashrate by 50% for crypto miners. This ensures that gamers who use the same series of GPUs are not affected by Ethereum miners’ strong demand for new GPUs. The tech company believed that creating “tailored products for customers with specific needs” offers the best value for its customers. We’re…