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Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation


A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...

Ukraine Crypto Donations Near USD 54M Following 'Airdrop' Announcement


  The Ukrainian government and non-profit organizations providing support to Ukrainians and the military have cumulatively raised nearly USD 53.5m worth of crypto assets, according to SlowMist AML, a blockchain security firm that tracks crypto donations sent to the government and four Ukrainian...

Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts


  The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys.... Read More: Washington, Europe Vow to Target...

Bitcoin and Ethereum Continue to Fail Near Highs, ATOM and ZEC Jump


  Bitcoin price attempted an upside break above the USD 45,000 resistance. BTC spiked above USD 45,200, but it faced sellers near USD 45,350 and is now down 2% in a day. It is currently (04:17 UTC) trading below USD 43,500, with a key support at USD 43,000. Similarly, most major altcoins are also...

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