How to solve the Bitcoin energy consumption problem
As the world grapples with crypto mining’s carbon footprint, Nischal Shetty of WazirX examines the technical and regulatory solutions.
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How blockchain can transform social media | Part 2
Why is social media’s current centralization problematic, and what would a decentralized Twitter or Facebook look like?
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Axie Infinity fans play their way to payday as game token prices soar
Play-to-earn game Axie Infinity has caught the blockchain community’s attention in the past few months as the price of its governance token has kept rising. Now it’s hit an all-time high, players are earning some serious money.
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Court grants Ripple bid to force ex-SEC director to testify in XRP case
Ripple scores major discovery win as judge rules ex-SEC official William Hinman must answer ‘central question’ on Ethereum in the globally-watched case about XRP.
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Square to build new Bitcoin DeFi platform, says CEO Jack Dorsey
CEO Jack Dorsey announced that his mobile payments company Square has created a new division dedicated to decentralized finance (DeFi) on Bitcoin. For now, Dorsey is referring to the new Square Bitcoin DeFi platform as TBD, having not yet decided on an official name. Fast facts The DeFi space, which has grown exponentially over last…
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Has the NFT bubble burst? The data says otherwise
Axie Infinity, Meebits and Bored Ape Yacht Club are some of those keeping the market for non-fungible tokens alive.
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Hong Kong raid uncovers suspected US$155M crypto laundering scheme
Tether stablecoins linked to funds funneled to banks in Singapore and elsewhere amid worldwide cryptocurrency crime increase.
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Polkadot chain Phala Network’s Khala wins 4th Kusama parachain slot
Privacy-focused cloud computing project Phala Network’s “canary network” Khala this week won the fourth Kusama parachain slot auction with 132,280 Kusama (KSM) contributed by 2,759 addresses. A canary network is an experimental environment for blockchain developers to build and test out their code as well as products and services. Fast facts Phala Network is designed…
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U.S. basketball player’s game-worn shoes go on sale as NFT
Ever wanted to own a piece of game-worn NBA merchandise, but without that well-worn fragrance? Now you can. Brooklyn Nets star Spencer Dinwiddie is selling a pair of shoes he has worn in-game as a non-fungible token, Forkast.News has learned. Fast facts The shoes on auction are from Dinwiddie’s K8IROS clothing range, and all proceeds…
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Grayscale’s Bitcoin bounty. Circle’s SPAC listing controversy. NFTs for thieves.
Top blockchain and crypto news: Crypto markets await Bitcoin fund release. USDC issuer opts for the back door. In China, NFT copyrights and wrongs.