Bitcoin Electricity Consumption Down by 25% Since Early June
Bitcoin’s power consumption and hash rate are plummeting shortly after the price crash earlier this month.
Posts by Andrew Throuvalas
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Charles Hoskinson Testifies to Congress on Digital Asset Regulation
Cardano’s founder defended the use cases of blockchain and its right to an updated regulatory framework in his remarks.
Three Arrows Capital is Not Registered in Dubai, Confirms Regulator
Despite claims about moving headquarters, there’s no evidence suggesting that the VC firm planned to migrate to Dubai.
Vladimir Putin Slams Western Monetary Policy, Predicts Global Shift to Commodity Reserves
The world is going to begin converting its reserves away from debasing dollars and euros, predicts the Russian President.
Binance CEO Denies Providing 3AC a Credit Line After its Failure
Changpeng Zhao explained his philosophy on which companies deserve bailouts, and which ones should be left behind.
Citi Partners With METACO for Digital Asset Custody Pilot
The banking giants' pilot will not relate to cryptocurrencies, but rather to tokenized securities.
Bitcoin Dips Below $20K as Fed’s Chair Powell Addresses Senate
The chairman remains committed to raising interest rates to combat inflation, which could further sting the U.S. economy.
Crypto Industry Donors Pour $52 Million Towards US Midterm Elections
FTX’s CEOs are backing political action committees with millions of dollars, supporting Democrats and Republicans alike.
Crypto Mom Hester Peirce Does Not Support Bailouts for Collapsing Digital Asset Companies
The commissioner warns investors to avoid lending platforms with overpromising returns, but believes they must be allowed to fail.
ProShares Announces First Bitcoin-Linked Short ETF in U.S.
Yet another futures-based Bitcoin ETF is set to launch in the United States, but with no spot ETF in sight.