Alex Saunders issues a public apology and claims to be settling crypto dealings

Alex Saunders issues a public apology and claims to be settling crypto dealings

Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.  Back in 2021, Saunders faced a series of allegations claiming that he had failed to pay loans and investment funds. Those who…

STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

STEPN (GMT) has rallied strongly against the U.S. dollar this week as it looks likely to form a classical bullish technical pattern called the “bull flag.” GMT eyes more upside GMT’s price rose 30% week-to-date, including a strong rally to establish an all-time high near $3.85 followed by a relatively…

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources. According to a January report by the Bitcoin Mining Council, by Q4 2021, the…

US lawmakers sound alarm to EPA over environment concerns of crypto mining

US lawmakers sound alarm to EPA over environment concerns of crypto mining

United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes. In a letter addressed to EPA administrator Michael Regan on Wednesday, Huffman said he and other Democratic House members had “serious concerns”…

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi citing a Thursday report from Mergermarket, the two exchanges negotiated a price based on the market behavior of the Turkish lira and Bitcoin (BTC), arriving at roughly $3.2…

Ledger Enterprise’s Alex Zinder is all about blockchain, crypto and the future of finance

Ledger Enterprise’s Alex Zinder is all about blockchain, crypto and the future of finance

Alex Zinder, a capital markets veteran who jumped on the blockchain train last year, attended the Paris Blockchain Week Summit, where he sat down with Cointelegraph to discuss blockchain projects, crypto adoption and the traditional financial world’s necessary embrace of digital assets. After almost two decades in capital markets technology,…

Algorand aims to convert network transaction fees into carbon offsets

Algorand aims to convert network transaction fees into carbon offsets

Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions. In a recent announcement, Algorand revealed that a new smart contract would take a portion of each transaction fee within its blockchain network and automatically process it to purchase verified carbon…

US investors realized 6X more crypto gains in 2021 than next country

US investors realized 6X more crypto gains in 2021 than next country

Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains.  According to a report by Chainalysis, crypto investors in the US accrued a record $46.9 billion in realized gains throughout 2021, leading the…

Derivatives exchange dYdX to become ‘100% decentralized by EOY’

Derivatives exchange dYdX to become ‘100% decentralized by EOY’

Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives products that borrow elements from both spot margin trading and futures trading but do not have an expiry date. At present…