On July 25, Optimism racked up a total of 844,290 transactions compared to Arbitrum’s total of 630,534. The rise can be attributed to the release of Worldcoin (WLD), the crypto AI company founded by Chat GPT’s Sam Altman, which is based on the Optimism blockchain. Source
“Today I had hoped to announce an agreement with the ranking member on stablecoins legislation,” McHenry said, referring to the committee’s senior Democrat, Maxine Waters (D-Calif.). “This will not be the case… It was the White House’s unwillingness to compromise that has once again brought that negotiation to a halt.” Source
Now, his farm has 80 ASIC miners hashing new blocks for the Bitcoin, Zcash, Litecoin, and Dogecoin blockchains, and multiple racks of GPUs and central processing units (CPUs), most of which are dedicated to Chia. Altogether, they consume one megawatt of power and $20,000 a month in power electricity bills. Original
Bitcoin may be at a decision point right now as investor sentiment is exactly neutral. Which way will the market tip in the coming days? Bitcoin Fear & Greed Index Suggests Market Is Neutral A few days back, Bitcoin had observed a sharp plunge that had taken the cryptocurrency’s value towards the $29,000 level. In the days that followed, the asset had only consolidated around these relatively low levels, but during the last 24 hours, things appear to have changed a bit. The impetus for this latest volatility appears to…
This low-profile character of fundraising, together with the broad global condemnation of Russia’s actions, might be the reason for much smaller amounts raised: Crystal says that crypto donations for the Russian military only brought about $2 million in crypto, though other estimates show higher amounts. In February, Chainalysis found $5.4 million of donations both to Russian military units and to propaganda resources, and Binance told CoinDesk it located over $7.2 million worth of such donations. Source
“The team examines the required regulation, including regarding the corporate status, the taxation aspects and other aspects of DAO in order to create legal certainty, reduce the risk factors in the activity through DAO and realize the potential for the Israeli economy,” the notice said, adding that comments submitted by the public can be used to formulate the team’s policy recommendations. Source consultsDAOExaminationIsraelPublicRegulationSetsSpecialTeam CryptoX Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied US Democrat presidential candidate Robert Kennedy Jr. said he bought 14 BTC for his children to “put his money where his mouth is.” Robert F. Kennedy Jr, also known as RFK Jr., participated in a Twitter Space hosted by crypto investor Scott Melker on July 26. The presidential candidate, known for his support for Bitcoin (BTC), said he bought two BTC for each of his seven children after the Bitcoin Miami conference in May 2023. According…
The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose. On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through on its $1-billion following its $4.1-billion raise in 2018. The CEO argued that Block.one’s broken promises to invest $1 billion caused major issues for the EOS community and promised to hold the firm accountable. As…
As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, connections and data by joining the association of certified sanctions specialists (ACSS). The association offers training and certification for sanctions professionals across a variety of industries including financial institutions, international corporations, law firms, public institutions and a host of other businesses. The ACSS certification is intended to be universal and does not focus on specific jurisdictions or industries. Sanctions specialists that complete the examination are deemed to be multiskilled across…
Meta (META) hasn’t given up on the metaverse despite a very public pivot to artificial intelligence. “Our investments in AI continue,” said CEO Mark Zuckerberg on the company earnings call Wednesday evening. “We remain fully committed to the Metaverse vision as well,” he continued. “We’ve been working on both of these two major priorities for many years in parallel now, and in many ways the two areas are overlapping and complementary.”. The focus on the metaverse hasn’t been profitable for the social media giant – Meta’s Facebook Reality Labs (FRL)…