Category: Proof-of-Work

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Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies

During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says…
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Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

ETH devs implement first-ever ‘shadow fork’ as PoS testing continues

The shadow fork, which is intended to test the next phase of Ethereum’s configuration, has no impact on the existing mainnet. Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus.  The shadow fork provides a venue for developers to stress test…
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‘People should invest in all of the major layer-1s,’ says a veteran trader

Veteran trader Scott Melker breaks down his crypto portfolio and explains why layer-1 protocols should play a central role in everyone’s investment strategy. Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker…
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3 reasons why Ethereum price can hit $4K in April

From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum. Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in…
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Game Developer Group States Using NFTs in Gaming Presents Ethical Issues

The International Game Developers Association (IGDA), a group integrated by a number of game developers and programmers from companies across the globe, has addressed the use of NFTs (non-fungible tokens) in the gaming industry. The director of the group has stated that the introduction of these elements in gaming projects presents “ethical issues,” and this…
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Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD

  One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact. After last year launching what miners tagged “the stupidest idea” of 2021, suggesting that the Bitcoin protocol should abandon the “climate disaster” of proof-of-work…
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Ethereum risks ‘double-bust’ drop despite ETH price rebounding 30% in two weeks

Ether now retests a critical resistance range for a potential pullback towards $1,800. It took Ethereum’s native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022. ETH price breaks out but risks remain ETH price reached near $3,350 on March 28 after rallying by over 30% in…
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Ethereum Staking Sees Accelerating Growth Ahead of Merge

  Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking them…. Read More: Ethereum Staking…
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EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal

  As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped — thus advancing the regulation towards adoption without a controversial provision that would ban proof-of-work (PoW) consensus…
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