EU Lawmakers Won’t Ban Crypto After All
According to a report published by German news outlet BTC-ECHO, the European Union (EU) has reversed its controversial plan to restrict the energy-intensive proof-of-work consensus process. The EU’s Amendment The latest version of the EU’s “Markets in Crypto-Assets” or MiCA legislation has been stripped of a clause that many believed would lead to a ban […]
Crypto-focused VC firm Electric Capital raises $1B in new funding
Electric Capital, a Bay Area investment firm, announced a combined $1B raise for the development of two new funds on Tuesday, March 1, 2022: a $400M venture fund and a $600M token fund. Electric Capital’s plans It’s a step higher from Electric’s previous fund, a $110 million vehicle unveiled in August 2020, and cements the firm’s status as […]
Shift4 Acquires ‘The Giving Block’ for $300M
Shift4, a Pennsylvania based American payment processing firm on Tuesday, 1st of March 2022, announced its acquisition of crypto donation marketplace The Giving Block. The deal between The Giving Block and Shift4 Shift4 said in an investor presentation that the acquisition includes a $54 million upfront payment and a potential payout of up to $246 […]
Voting on Crypto Regulatory Bill Reportedly Postponed By European Parliament
The vote on crypto legislation has been postponed by the European Parliament due to a continuing disagreement concerning proof-of-work crypto mining. Why the Voting was Postponed The European Union Parliament has postponed the vote on a crypto regulation measure, which purportedly attempted to prohibit the use of proof-of-work cryptocurrencies such as Bitcoin and Ethereum, among […]
Top 5 Web 3.0 Crypto Browsers You Should Try
You might wonder why Web 3.0 Crypto Browsers have become the latest internet frenzy. Yes! They’ve become the major talk on the interent for a couple of reasons. Web 3.0 Crypto browsers are beginning to gain widespread interest among crypto enthusiasts. The transitioning of the internet from Web 1.0 to Web 3.0 and finally Web […]