Month: February 2023

Blockchain software developer ConsenSys retains the ability to achieve its goals after recent layoffs, CEO Joe Lubin claimed in a Feb. 7 interview with Cointelegraph, stating that “we’ve retained virtually all of our capabilities.” According to Lubin, the cuts were implemented “mostly because of potential headwinds and potential uncertainty” and partly because of declining volume
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United States Environmental Protection Agency Administrator Michael Regan and Energy Secretary Jennifer Granholm were the recipients Feb. 6 of another letter on the environmental impact of cryptocurrency mining. Eight Democratic lawmakers headed by Elizabeth Warren reached out to the officials this time.  The eight lawmakers acknowledged previous replies to official correspondence asking about the agencies’
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Bitcoin (BTC) rebounding 40% in January sparked the largest inflows of institutional cash since June 2022, data shows. In its “Digital Asset Fund Flows Weekly” report on Jan. 30, digital asset investment and trading group CoinShares confirmed $117 million heading into crypto in the last week of the month. Institutions “not sold” on post-Merge Ethereum
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Emin Gün Sirer, creator of the Avalanche Consensus protocol and CEO of Ava Labs, believes that there is one very straightforward method to spot a long-standing cryptocurrency project. On Feb. 7 ​​Sirer discussed blockchain venture capital and crypto regulation in a fireside chat with MarketAcross chief operations officer Itai Elizur at the Web3 builder-focused event,
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Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, according to the United Kingdom’s financial watchdog.  In a Feb. 6 statement, the U.K. Financial Conduct Authority revealed that if the proposed “financial promotions regime” is
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The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1’s operations for their own gain.  Chief executive John Harney and DGF Investments Inc — a British Virgin Islands-based investment firm — filed the lawsuit against Dolic and
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