With the release of Ethereum 2.0, energy consumption will be reduced a hundred times. This will be achieved by implementing the more efficient Proof-of-Stake consensus protocol.
Over the last month, the Ethereum (ETH) price increased by 80%, whereas the last two weeks brought along a 50% increase. In this article, we explore why.
The Chinese central bank, through the Digital Currency Research Institute, is reportedly ramping up the development of the CBDC Yuan, by hiring blockchain experts, and filing infrastructure patents.
The Egyptian Central Bank is currently conducting a viability study, to determine whether a CBDC currency would be beneficial to its economy.
Transnistrian government is actively promoting itself as a paradise destination for cryptocurrency miners, given its relaxed legislative framework, cheap electricity and government incentives.
The Switzerland Government is devoted to making sure that its blockchain and crypto regulatory framework is updated, and capable of sustaining the developing fintech economy.
Donald Trump appoints crypto and blockchain-friendly Mick Mulvaney as the new Chief of Staff starting 2019.
A Japanese lawmaker published a couple of recommendations that would simplify the national taxation framework for digital currencies, while also encouraging adoption.
South Korean Ministry of Science partners up to develop a blockchain-based online voting system for the private sector.
Iranian Government announces that the development of their central bank-backed digital currency has now been finalized, in response to new sanctions.
The Governor of the Bank of Thailand recently stated that the bank is working on a wholesale CBDC, yet the public can expect a central bank currency half a decade from now.
The Ukrainian Economic Development and Trade Ministry reportedly starts working on a cryptocurrency regulatory policy.
Sweden Government decides to accelerate efforts to develop central bank backed digital currency, as it moves towards cashless society.
At a conference held in Sydney, the Assistant Governor for the Reserve Bank of Australia stated she does not see the point in creating a central bank-backed digital currency.
A regulatory draft issued by the Chinese Cyberspace Administration, will require blockchain users to sign up with their IDs, and makes blockchain censoring possible.
the Japanese Tax Investigation Committee has urged National Assembly members to fix the current crypto taxation and reporting laws, due to increased confusion.
A New York State city is deliberating stricter regulations for commercial cryptocurrency mining activities, meant to reduce heat dissipation, noise, pollution, and electricity costs.
Research effort showcases that bitcoin mining profitability decreases over the last year, regardless of an overall increase in revenue.
The UN’s involvement with blockchain technology is paying off, as the WFP is trialling out a blockchain-based supply chain management system, alongside an identity management platform.
The National Bank of Ukraine is exploring the launch of a centralized, state-owned digital currency to encourage cashless payments, and reduce costs.