Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Does the competition between L1s disprove the Fat Protocol thesis?

For those not initiated, the Fat Protocol thesis was posited by Joel Monegro in 2016. At a high level, it posits that while in previous iterations of the internet, value accrued to the application layer (google, Amazon, Fb) rather than protocol layer (http, smtp) this will be reversed. Full post here: https://www.usv.com/writing/2016/08/fat-protocols/ This theory seems…
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Github suspends accounts of Russian developers linked to sanctioned firms

Despite its promise to cater to the needs of individual developers, the latest wave of sanctions has forced the open-source platform to even block former employees of sanctioned firms.

Bitcoin․com Exchange Market Insights Report for April 2022

This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance level which had not been reached since September last year. […]

Iran to stiffen penalties for illegal use of subsidized energy in crypto mining

The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time.

Russian bankers reportedly want to outlaw noncustodial crypto wallets

The Association of Banks of Russia has previously collaborated with Binance as part of its expert center focused on crypto regulation.

Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms operating with digital assets. Russian Citizens Who Don’t Pass Test to Buy Only $600 Worth […]

Coinmarketcap main page looks like the scammer’s dream with bunch of +150000% up or down shitcoins, crappy clickbait videos, list of gainers and recently added irrelevant coins. NGMI!

Holy shit, people are talking about looking past page 10 to get the "gems" that can make 100-200x in 69 ms but let's just take a look at CMC. It's horrible, imagine a regular person buying crypto for the first time and seeing 100000% up…and then clicking on it to buy it which would be…
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The crypto sentiment index has reached extreme fear

submitted by /u/kid_90 [link] [comments]

The SEC just suprisingly ended their discovery process, signaling that the Ripple-SEC lawsuit will soon conclude.

In a latest and quite suprising move the SEC has just ended their discovery process with Ripple. The discovery process is where both parties exchange information to each other. Ending that is a major step forward in the lawsuit. Showing that the lawsuit may conclude very soon. The only two things stopping the lawsuit from…
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Win 25usdt with Naramunz Easter egg hunt! More info on twitter!

submitted by /u/jessie07 [link] [comments]