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PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
3.2.2022
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income
Report crowns Solana for using least energy per transaction, but there's a catch
3.2.2022
Despite Solana’s low power consumption per transaction, the PoS network still uses much energy overall compared to other PoS protocols
Ethereum Founder Confirms DOGE Shifting to Proof-of-Stake
2.2.2022
Dogecoin recently announced working with Vitalik Buterin to bring proof-of-stake to the network. The Ethereum founder confirmed the news, stating that the meme coin will complete the shift for its new community staking system. Elon Musk, the world’s richest man, owns Dogecoin and tweets about...
Ethereum.org Shifting from 'ETH 1' and 'ETH 2' to 'Execution Layer' and 'Consensus Layer'
25.1.2022
Ethereum.org will stop using the conventional "ETH1" and "ETH2" terms when referring to the phases of Ethereum (ETH)'s development -- instead adopting the use of "execution layer" and "consensus layer."...
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Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US
21.1.2022
Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a hearing...
Watch Mining Hearing Live: Bitcoin Is More Energy-Efficient than Banks, Bitfury CEO Tells US Lawmakers
20.1.2022
Traditional banking requires 2.5 times the amount of power as Bitcoin (BTC) to produce the same amount of value, and only proof-of-work (PoW) provides “a truly trustless system,” according to Brian Brooks, CEO of major blockchain technology firm Bitfury and a former Comptroller of the Currency...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Time to Ban Proof-of-Work Mining in EU, Move to Proof-of-Stake, Says Securities Regulator
19.1.2022
A leading EU financial regulator wants the union to “ban” proof-of-work (PoW) crypto mining and force tokens into proof-of-stake (PoS) paradigms, while the EU itself and the traditional finance sector are reportedly less environment-friendly than Bitcoin (BTC) when it comes to electricity...
Misleading Memo for US House Hearing on Bitcoin & Ethereum Mining Includes 'Basic Errors'
18.1.2022
A hearing on crypto mining scheduled to take place in the US House of Representatives Committee on Energy & Commerce this week is already raising alarms in the crypto industry as a pre-published memo revealed what some called “basic errors” in lawmakers’ understanding of the field....
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ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
18.1.2022
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million...
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
14.1.2022
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...
Moneygram buys 4% stake in crypto ATM operator Coinme
5.1.2022
The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges
Vitalik Buterin Over the Past Decade: How Right or Wrong Was He?
3.1.2022
Ethereum (ETH) co-founder Vitalik Buterin has summarized his crypto-related predictions over the last decade, revisiting his past stances towards various subjects and making a verdict on whether he now thinks he was right or wrong. ...
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Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High
28.12.2021
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs....
Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’
27.12.2021
The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A...
Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept
25.12.2021
According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin...
Dogecoin Foundation works with Ethereum co-founder on DOGE staking
24.12.2021
The new DOGE PoS version aims to allow anyone to get rewards for their contribution to running the network
Crypto exchange Kraken acquires non-custodial staking platform Staked
21.12.2021
Kraken said its staking business had grown by more than 950% since the beginning of the year to reach $16 billion in November
Another Step Towards ETH 2.0: Ethereum Devs Ask the Community to Test on Kintsugi Testnet
21.12.2021
The Ethereum (ETH) blockchain's Kintsugi Testnet is now live, allowing users to test and prototype the merge of proof-of-work (PoW) with the beacon chain proof-of-stake (PoS) system....
Read More: Another Step Towards ETH 2.0: Ethereum Devs Ask the Community to Test on Kintsugi Testnet
DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns
17.12.2021
People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned....
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