Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to reduce the environmental impact of the activity.”
The bill would…
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cryptocurrencies
Cryptocurrencies seized in the US may not be safe
The Office of the Inspector General (OIG) recently conducted an audit on how the United States Marshals Service (USMS) safeguards seized cryptocurrencies, emphasizing the importance of improving ways.
Although the safeguarding by the USMS…
Coinbase Announces Wave of Layoffs at Company
The cryptocurrency exchange Coinbase announced that it will reduce its workforce by 18% in order to reduce operating costs.
The economy in general has been hit hard in recent months, especially the cryptocurrency sector, which has meant…
Retirement plans in crypto represent a risk
US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger.
“It is not…
Cryptocurrencies as a saving option
Leonardo Buniak, economist and risk assessor, stated that the cryptocurrency market is an inalienable option to save, particularly in Venezuela, which is among the first countries with the most mining in the world. He said cryptoactives are…
MasterCard will now allow the purchase of NFT
The payment processing company, MasterCard, announced that thanks to the association with several companies in the world of non-fungible tokens (NFT), it will now allow the purchase of this type of asset.
Specifically, the company…
US Senate considers regulating cryptocurrencies as commodities
The US Senate is studying the bipartisan bill called the Responsible Financial Innovation Act, which would give cryptocurrencies the status of commodities, such as oil or coffee, and would be under the supervision of the Commodities Futures…
Tether stands out as an instrument of financial freedom
The current CTO of Bitfinex, Paolo Ardonio recently stated that the Tether currency is a stablecoin that improves what Bitcoin offers, because it manages to hold up in times of volatility.
This peculiarity is very useful, especially in…
Jewel Bank received license to operate in Bermuda
The Jewel Bank institution received the license from the Bermuda Monetary Authority (BMA), and will thus become the first bank to operate with cryptocurrencies on the Island.
As indicated through an official statement, the institution will…
Venezuelan casino will accept cryptocurrencies
Casino Las Vegas, located on Isla de Margarita (Venezuela), recently began accepting cryptocurrency payments for the enjoyment of its activities.
This new payment method is possible thanks to the union of the Dash cryptocurrency together…
Waves and Cardano dominate the green week of the crypto market
The Waves and Cardano cryptocurrencies traced their value last week and registered an increase of 50 % and 20 % respectively, giving signs of recovery to the crypto market that closed the period with figures in the green after a long period…
Bill for cryptocurrencies in the US was leaked
The cryptocurrency bill proposed by Senator Cynthia Lummis was recently leaked via social media.
This proposal addresses the regulation of digital assets in a comprehensive manner, as well as establishing the steps to be followed to…