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NBC News Declares Cardano The Most Significant Proof-Of-Stake Crypto In The Cryptoverse
If you’ve gone anywhere near the internet the last few weeks, you’ve probably discovered that the debate around the energy consumption of bitcoin and other Proof-of-Work (PoW) cryptocurrencies has intensified. The increased scrutiny came after Tesla announced that it would be discontinuing BTC…
South Korean regulators have threatened huge fines on cryptocurrency exchanges
The Financial Intelligence Group (FIU) of South Korea met with representatives of cryptocurrency exchanges to warn them that if they violated the restriction on digital trading currencies on their platforms, they could face significant fines. According to Korean media reports, the country's…
South Koreans will be forced to reveal their offshore cryptocurrency holdings
The South Korean National Tax Service will require residents to declare substantial offshore cryptocurrency savings beginning in January 2022. This will occur as part of the broadening of the rules for reporting foreign asset ownership. The rules will apply to South Koreans…
Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin
The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is…
Nexo in Miami: Crypto interest account giant talks DeFi, institutional adoption
Nexo believes that in the long run, regulation will help crypto more than hurt. While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from…
Cardano Deploys First Simple Smart Contract On AlonzoBlue Testnet
Cardano (ADA) has maintained part of its profits from the pre-crash weeks. At the time of writing, the fifth cryptocurrency by market cap trades at $1,50 with moderate losses in the weekly chart. ADA with moderate gains in the daily chart. Source: ADAUSDT…
Cardano Is Exploring A New Mechanism That Will Transform Smart Contract Platforms
Cardano is working on a new research project or mechanism to help make transaction fees fair, stable, and more predictable over time, according to a new blog by the network’s parent company IOHK. The blog titled “Stablefees and the Decentralized Reserve System” explains that…
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