Friday, May 17, 2024
Bitcoin's decentralized spirit is threatened by the increasing centralization of mining operations. Major financial institutions are involved in BTC mining, further centralizing decision-making. This change may align it more with traditional financial systems.
PayPal promotes green Bitcoin mining by promoting the use of renewable energy sources through additional rewards for miners. The initiative aims to reduce the environmental impact of Bitcoin mining, which currently produces 85 million metric tons...
Second layer solutions are becoming increasingly important within blockchains, especially among the oldest ones. These new layers make a difference in cardinal aspects such as improving scalability for Ethereum. Layer2 solution projects are...
BlackRock advisor Paul Taylor joins PairedWorld Board following $1.5 million funding. PairedWorld, which improves social interactions through blockchain, nominated for an award. BlackRock's strategic pivot includes tokenization and expansion into new markets. BlackRock...
Vitalik Buterin has responded to community concerns about the network transition from PoW to PoS. Buterin highlighted the need and benefits of this change, citing concerns about the centralization of PoW. Despite Ethereum's successful transition to...
"Traditionally, this phase of the Bitcoin market cycle has been very positive for investors. The future is unpredictable, but if we look at certain events during this halving we can find positive indicators about the way...
The macroeconomic environment could be part of the explanation for such consolidation, by showing greater resilience compared to previous years. Bitcoin could be entering a period of consolidation that could last up to...
Senator Lummis, a prominent supporter of Bitcoin and the crypto market in general, has advocated for the companies and actors involved in the current regulatory push. According to the International Monetary Fund, the...
BlackRock's iShares Bitcoin Trust (IBIT) fund has received no new investments. This lack of flow does not necessarily indicate a decrease in investor interest. The lack of entries in BlackRock's IBIT comes as Bitcoin consolidates.
Roger Ver, known as "Bitcoin Jesus", is accused of $48 million tax fraud. He faces charges of mail fraud, tax evasion and filing false returns. Arrested in Spain, the US requests extradition. He is also being...