Decentralization

The Facebook-backed digital currency project Diem has announced the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.

The US dollar strengthened slightly against major currencies today as the Euro fell in Asian trade as stock markets were nervous of tensions in Ukraine and a possible more aggressive rise in the Federal Reserve's (Fed) reference rate this week.

Representatives of Turkey's three largest cryptocurrency exchange platforms have conveyed demands under three main topics to a senior official of the ruling Justice and Development Party (AKP): Capital requirements, technology infrastructure and financial transparency.

A top EU financial regulator has renewed calls for a bloc-wide "ban" on the main form of bitcoin mining and sounded the alarm over the rising proportion of renewable energy devoted to crypto mining.

One thing to know before purchasing Bitcoin is that values can fluctuate drastically. Hype, speculation, and celebrity whims are some of the things that drive this fluctuation. While some people have made significant returns from their Bitcoin investments, others have lost big time. However, this shouldn't hinder you from venturing into crypto investment.

Sotheby's auction house launched a dedicated platform for collectors of NFTs and announced a twice-a-year sale of the digital objects, a sign of its commitment to the craze.

JPMorgan's CEO Jamie Dimon blasted crypto and bitcoin yet again. The JPMorgan executive argued about the real value of cryptocurrencies and his take on the cryptocurrency world in an interview. Dimon stated that the latest bull market in cryptocurrencies was created by a lot of liquidity in the system, which then leads to speculation. Dimon declared:

European Blockchain Week 2021(EBCW 2021) was one of the soundest events in the framework of Slovenian Presidency of the Council of EU.

Bitcoin mining produces electronic waste (e-waste) annually comparable to the small IT equipment waste of a place like the Netherlands, research shows.

Miners of the cryptocurrency each year produce 30,700 tonnes of e-waste, Alex de Vries and Christian Stoll estimate.

That averages 9.5oz (272g) per transaction, they say. By comparison, an iPhone 13 weighs 6oz.

Hungarian bitcoin enthusiasts unveiled a statue in Budapest which they say is the first in the world to honor Satoshi Nakamoto, the enigmatic inventor of the virtual currency. 

The bronze bust is of a hooded figure, in an allusion to the fact that the true identity of Nakamoto, a pseudonym, is unknown.