Introduction of New Policies According to Ravi Menon, managing director of the Monetary Authority of Singapore, the central bank of Singapore aims to encourage the ecosystem of digital assets while li...
Tag: usage
Low usage stops post-merge Ethereum from becoming deflationary
The Ethereum “Merge” update, which switched the Ethereum blockchain from from Proof-of-Work (PoW) to Proof-of-Stake (PoS), has been one of the most anticipated events in crypto so far. One of the main...
China doubling down on fossil fuel usage despite carbon neutrality pledge
China is the world’s biggest emitter of greenhouse gasses and a premier driver of global warming. This realization has had China’s president Xi pledge to be carbon neutral by 2060, yet, most affluent ...
ETH Merge Has Decreased World Electricity Usage By 0.2%
The merge is the Biggest Decarbonization Event In History ETH Price at the time of writing – $1,435.19 ETH has dropped by 16% over the last seven days It’s uplifting news for the Ethereum ...
ETH Merge Has Decreased World Electricity Usage By 0.2%, Making It The Biggest Decarbonization Event In History ⋆ ZyCrypto
Advertisement     It’s good news for the Ethereum community and the world as the network finalizes the execution of a merge to usher in the era of the Proof-of-Stake o...
Ethereum Energy Usage, the Carbon Footprint Down to 99.99%
Editors News The total energy demand for Ethereum is now only 2,600 MW hours per year. Ethereum’s annual CO2 emissions reduced by over 11 million tons. The long-awaited Ethereum merge has finally comp...
Another positive move from the White House towards CBDC usage 1
The White House showed another positive inkling toward adopting and designing its CBDC system after receiving a report from OSTP. According to reports, the Office of Science and Technology Policy made...
Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam
Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, said the Ethereum blockchain’s transition to proof-of-stake may help reduce crypto’s energy usage, but hinted l...
Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever
The Merge not only could help the environment, it could also lure more money to Ethereum from ESG investors – those who only invest in companies and industries that achieve certain environmental, soci...
Ethereum gas usage by stablecoins, DeFi, NFTs, and ERC -20 contracts
Gas fees refer to the cost of conducting a transaction or executing a contract. For example, this could take the form of exchanging into a stablecoin or minting an NFT. Since the summer of 2020, Ether...
China’s Central Bank calls for wider usage of digital yuan to facilitate interconnectivity
The People’s Bank of China (PBOC) has issued a demand for further efforts to allow interconnection between the digital yuan (e-CNY) system and conventional e-payment technologies to make the usage of ...
Japanese Mayors Awarded With NFTs for Excelling at Usage of Digital Technology
The Japanese government is handing out non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in utilizing digital technology to solve local issues as well as fostering...
Gaming makes up over half of blockchain industry usage, DappRadar
New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over...
FBI warns investors on usage of Defi platforms to steal cryptocurrency
In a recent development, the U.S. Federal Bureau of Investigation (FBI) has issued a fresh warning to crypto investors concerning increasingly exploiting vulnerabilities in decentralised finance (DeFi...
Iran approves the usage of crypto for importation
Join Our Telegram channel to stay up to date on breaking news coverage The government of Iran has officially adopted the use of crypto for its importation. The country’s Industry, Mines and Trade Mini...
Hetzner Restricts the Usage of Crypto
The Terms of Service Hetzner, a cloud service provider that houses 10% of the Ethereum nodes, stated on its subreddit that utilizing its products for cryptocurrency mining and trading was against its ...
Arbitrum’s organic activity v. Optimism’s incentivized usage – The winner is…
Ethereum layer 2 blockchain solutions, Arbitrum and Optimism, have both played a huge role in solving ETH’s scalability issues. However, the war between the networks is waging on, one showcasing some ...
Host of 10% of Ethereum nodes prohibits crypto usage, discussing consequences
Cloud service provider Hetzner, which hosts 10% of Ethereum nodes, said that using its products for crypto mining and trading was against its terms of service, and it’s “discussing” ...
Cardano Founder Reacts to Massive Usage of Node 1.35.3 Ahead of Vasil, Says “Everything Proceeding Exactly As Foreseen”
– Advertisement – SPOs favor Cardano node 1.35.3 over previous versions. With Vasil’s mainnet launch around the corner, there has been intensive testing of the much-anticipated hard for...
Tron Energy Usage Way Too Less Than Bitcoin, Ethereum, Study Says
Tron’s energy usage is relatively very less than that of some of the biggest cryptocurrencies, according to a latest report. Elon Musk’s stance on sustainable energy usage for Bitcoin mining sparked a...
Encryptus and Azadi Records Partner Together To Explore NFTs and Its Usage – crypto.news
Encryptus has announced that it will partner with famous record label firm Azadi Records. This alliance would allow both entities to explore NFT usage and develop new use cases. Also, they have promis...
Solana Network Usage Drops to Lowest Levels For The First Time In 2 Years ⋆ ZyCrypto
Advertisement     Solana’s native token (SOL) has been unsurprisingly feeling the cold hands of the crypto winter alongside other crypto assets. But recent data has re...
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022
Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETM...
$STYLE Protocol, An Evolving Blockchain Deep Tech Startup Is Making 3D NFT Usage Feasible For A Low Price
Advertisement     Summary: The decentralized blockchain company $STYLE Protocol is bringing a new wave of utilization to your NFTs. Metaverse usability in 3D. Berlin, ...
SEORSEA officially launched, providing users with rich usage scenarios
Advertisement     SEORSEA—the first NFT protocol developed based on the Low Code Development Platform of SEOR Network, has been officially launched. All the whiteliste...
AT&T stock pulls back from historic drop after earnings
AT&T shares sank Thursday despite an earnings beat in a quarter with a lot of moving parts due to recent business divestments. While the company raised its annual forecast for mobility-service rev...
Minecraft’s Updated Usage Terms: No NFTs Allowed
Minecraft is on the short-list of iconic video games that have truly stood the test of time. The title has endured over a decade of innovation in gaming, and still stands as a highly respected, highly...
Crypto Mixer Usage Hits All Time-High as Crypto Crimes Surge: Report
Cryptocurrency mixing platforms, also known as tumblers, have been experiencing increased usage from individuals who wish to obscure the origin of their funds, blockchain analytics firm Chainalysis sa...
Polkadot Network’s Usage In Q2 2022 Remains Strong Despite Slump
Polkadot has reported a consistent usage of its network in the second quarter of the year. The platform’s developer activity has remained strong in this period despite the turbulent market environment...
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
In a letter sent to the U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE), six Democrats led by Rep. Jared Huffman of California and Sen. Elizabeth Warren of Massachusetts ...
Mixer usage sees all-time high thanks to nation-affiliated cybercriminals
Crypto mixer usage reached an all-time high in 2022 with a significant contribution from sanctioned entities and cybercriminals with known state affiliations, according to Chainalysis‘ recent report. ...
Crypto Mixers Usage From Cybercriminals Sees All-Time High: Chainalysis
Attacks on DeFi platforms, crypto exchanges and related websites have become somewhat of a constant fixture in the past couple of years. When using a mixer, the user pools his tokens with those of oth...