As Bitcoin continues to gain popularity and value, concerns about its energy consumption have become more prevalent. However, a recent report by Coinmetrics suggests that the energy efficiency of Bitcoin has significantly improved over the past five years. The report also sheds light on the dominance of three specific mining rig models in the Bitcoin
Blockchain
The recent lawsuit filed by Cameron and Tyler Winklevoss, the billionaire twins who own the crypto exchange Gemini, against Barry Silbert’s cryptocurrency conglomerate Digital Currency Group (DCG) has raised eyebrows in the industry. While the lawsuit accuses DCG and its CEO Barry Silbert of defrauding creditors, many speculate that there might be ulterior motives behind
Renowned author Robert Kiyosaki, known for his personal finance book “Rich Dad Poor Dad,” has recently voiced his pessimism about the future of the US dollar. This comes as reports of BRICS nations planning to introduce a gold-backed currency become more prominent. Kiyosaki’s belief in the impending “death” of the US dollar coincides with his
The recent enactment of the Markets in Crypto-Assets (MiCA) legislation by the European Union on May 31 has left the crypto industry buzzing with excitement and concern. While hailed as a groundbreaking regulatory framework for cryptocurrencies, one particular aspect of the legislation has caused apprehension among industry players: the introduction of a daily transaction cap
