Tag: cointelegraph

Jul 16
MiCA and ToFR: The EU moves to regulate the crypto-asset market

On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU’s main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the […]

Jul 16
How to identify and avoid a crypto pump-and-dump scheme?

Pump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social influencers. 3586 Total views 33 Total shares Educating oneself about the crypto ecosystem is crucial for investors to pursue during a bear market while awaiting a bull cycle. That […]

Jul 16
SEC dismisses claims against John McAfee, fines accomplice for ICO promo

On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. 804 Total views 5 Total shares The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee […]

Jul 15
Crypto mixers’ popularity booms as illicit addresses push volumes to ATH: Report

Blockchain analytics firm Chainalysis highlighted that 10% of all funds coming from illicit addresses are sent to crypto mixers. 1327 Total views 22 Total shares As on-chain activities slow down during the crypto winter, usage of cryptocurrency mixers has doubled in 2022, with addresses classified as “illicit” being the top contributor.  Cryptocurrency mixers, also called […]

Jul 15
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming

While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. 10859 Total views 105 Total shares Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows. Consensus sees Bitcoin at $10K A survey of 2,200 […]

Jul 15
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles

European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors. 873 Total views 89 Total shares Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin (BTC) and other cryptocurrencies, which require vast amounts of computational […]

Jul 15
Bitcoin whales still ‘hibernating’ as BTC price nears $21K

Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark […]

Jul 15
Ethereum devs confirm the perpetual date for The Merge

Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday. The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for […]

Jul 15
34% of gamers want to use crypto in the Metaverse, despite the backlash

According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs in the past. Source: Cointelegraph

Jul 15
BTC mining costs reach 10-month lows as miners use more efficient rigs

It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network. 1951 Total views 47 Total shares The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since […]