Bitcoin Bond Is On Hold As El Salvador Is Accused Of Human Rights Violation
A Bitcoin bond is not expected to be launched in El Salvador anytime soon, according to the country’s finance minister, even as the country faces a “human rights crisis. El Salvador’s finance minister, Alejandro Zelaya, has announced that the country’s anticipated billion-dollar Bitcoin (BTC) bond will be delayed further due to price volatility and uncertain […]
Total Staked ETH In Ethereum 2.0 Increases To Over $12 Million
ETH 2.0 is expected to replace Ethereum’s proof of work system with proof of stake. Following a stake by 398k unique validators, the total Staked ETH 2.0 has risen by more than $12.764 million. According to glassnode, the leading on-chain and financial metrics, charts, data, and insights provider for Bitcoin and digital assets, this is […]
Ethereum Layer-2 Optimism Falls By 66% In Its Market Debut
The failure recorded by Ethereum L2 Optimism is owed to inadequate preparation for the huge flow of demand. Optimism, a popular layer-2 blockchain on Ethereum, saw the price of its governance token OP plummet by more than 60% in its market debut. Late Tuesday, the blockchain began airdropping the OP token. The airdrop was primarily […]
Goldman Sachs Discusses Integrated Derivative Trading With FTX
The collaboration between Goldman Sachs and FTX will provide several advantages, including direct futures trading, introducing clients and acting as an on-ramp to the exchange, and providing capital top-ups for clients. Goldman Sachs and other Wall Street firms are in discussions with cryptocurrency exchange FTX about integrating leveraged derivatives trading. In addition, Goldman CEO David […]
Russian Government Says Crypto Mining Consume 2% Of Total Electricity In The Country
In Russia, crypto mining is in the “gray zone,” which means it’s not illegal but also isn’t covered by the law, which could be dangerous for those who do it. According to the most recent government estimates, cryptocurrency miners consume 2% of total electricity consumption in Russia. The crypto mining industry’s energy consumption share has […]