The bitcoin mining pool Poolin mined the 105,000th block reward since the last halving on May 5, 2022, at block height 735,000. The mined block also marks the halfway point between now and the next halving, which is expected on or around April 27, 2024. Block 735,000...
The International Monetary Fund (IMF) has joined the chorus of critics of the Central African Republic's (CAR) decision to adopt bitcoin. According to the IMF, the adoption poses legal and economic challenges not only to the country, but also to the region. The IMF...
The cryptocurrency industry is lobbying lawmakers in the United States to oppose two bills that would prevent Russian oligarchs from using cryptocurrency to avoid sanctions. After Russia's invasion of Ukraine, the US and many other countries imposed sanctions on them. The Blockchain Association has...
Anatoly Yakovenko, one of the co-founders of Solana, a proof-of-stake blockchain with smart contracts, has made a number of statements criticizing bitcoin's consensus algorithm. In an interview with CNBC, Yakovenko stated that if bitcoin does not switch to a proof-of-stake (PoS) consensus algorithm, it will lose popularity....
According to Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), India is "a country on the forefront of digital currencies," particularly in terms of "how it handles a reduction of risk from crypto assets for the Indian people and businesses." She met with Nirmala Sitharaman,...
Twenty-three US lawmakers have asked the EPA to increase oversight of cryptocurrency's environmental impacts. They said, "We request that the EPA evaluate the compliance of 'Proof-of-Work' mining facilities with environmental statutes." Lawmakers Want More Oversight of Bitcoin Mining Industry U.S. Representative...
Crypto regulation is "certainly high on the agenda" for India, according to a director at the International Monetary Fund (IMF). "We're attempting to develop global standards for #cryptoasset regulations." "I believe it is critical for India to adopt this as well," the IMF official stated.
Iran has drafted new regulations that will increase the penalties for illegal cryptocurrency mining in the country, including increased fines and prison sentences. "Mining cryptocurrency with subsidized electricity intended for households, industrial, agricultural, and commercial subscribers is prohibited." An official with Iran’s Power Generation,...
Crypto.com, a digital currency exchange, announced on April 7 that fighters from the Ultimate Fighting Championship (UFC), a mixed martial arts (MMA) promotion company, will be able to win Fight Night bonuses in bitcoin. Fight Night bonus payouts will vary depending on where you finish, but first-place...
Micro-sized bitcoin and ether options have been launched by the CME Group, one of the world's largest derivatives marketplaces. According to a CME executive, "the launch of these micro-sized options builds on the significant growth and liquidity we've seen in our micro bitcoin and micro ether futures."