British Columbia is moving to ban new crypto mining connections to protect its Hydro power grid. For years, analysts have argued this is the wrong approach. Read More at https://cointelegraph.com/news/british-columbia-restrict-ai-power-use-ban-crypto-mining-connections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Coinbase splashes $25M to revive a podcast from the last bull run
Coinbase has paid $25 million for an NFT that compels the once popular crypto podcast UpOnly to restart. Bull market vibes anyone? Read More at https://cointelegraph.com/news/coinbase-spends-25-million-nft-revive-uponly-crypto-podcast?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polygon boss says he’s been ‘questioning his loyalty’ toward Ethereum
Polygon’s Sandeep Nailwal slammed the Ethereum community for underappreciating Polygon’s role in the Ethereum ecosystem, prompting a response from Vitalik Buterin. Read More at https://cointelegraph.com/news/polygon-boss-has-been-questioning-his-loyalty-toward-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase to US: Embrace blockchain if you want to fight crime on it
Chief legal officer Paul Grewal said in his letter to the US Treasury Department that money laundering schemes have become increasingly sophisticated and law enforcement needs advanced technologies to counter them. Read More at https://cointelegraph.com/news/coinbase-urges-ai-blockchain-aml-crypto-crime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto’s next bear market will have a brand-new trigger: Willy Woo
Analyst Willy Woo warned the next crypto bear market could be driven by a business cycle downturn, last seen in 2008, before Bitcoin was invented. Read More at https://cointelegraph.com/news/crypto-next-bear-market-brand-new-trigger-willy-woo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US gov shutdown ‘likely’ to end this week: Trump adviser
White House adviser Kevin Hassett says the US government shutdown will likely end this week, which could restart crypto regulatory progress. Read More at https://cointelegraph.com/news/us-government-shutdown-likely-end-this-week-trump-adviser?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin’s House of Doge bets on Italian soccer underdog
Dogecoin Foundation’s commercial arm has acquired a majority stake in US Triestina 1918 in a push for broader DOGE adoption, starting with sports. Read More at https://cointelegraph.com/news/house-of-doge-snags-italian-football-club?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMine’s Lee says Ether’s ‘price dislocation’ is a signal to buy
BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase. Read More at https://cointelegraph.com/news/bitmine-buys-250m-ethereum-in-dip-buying-spree?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum needs Paradigm, VCs, despite value extraction concerns: Joseph Lubin
The main goal of VCs is to “suck as much value as possible” from Ethereum, but they remain necessary bridges for global capital entering the crypto industry, according to Lubin. Read More at https://cointelegraph.com/news/ethereum-paradigm-vcs-value-extraction-joseph-lubin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
X launches market for inactive handles amid push to monetize digital identity
Available to Premium X users, the new marketplace could see rare usernames sell for up to seven figures. Read More at https://cointelegraph.com/news/x-inactive-handle-marketplace-digital-identity-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound