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Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector
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Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Federal Reserve Chairman Jerome Powell asserted that the private sector has no place in money issuance and by extension the development of a Central Bank Digital Currency (CBDC).

Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft
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Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft

Malaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.

Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety
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Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety

Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.

EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto
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EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto

The proposal could have limited the use of cryptocurrencies (such as Bitcoin and Ethereum) powered by an energy-intensive computing process known as proof-of-work.

Crypto Venture Capitalist Breaks Down Potential Winners and Losers from Ethereum Merge
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Crypto Venture Capitalist Breaks Down Potential Winners and Losers from Ethereum Merge

Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake, namely the Merge, is approaching. Crypto experts have continued to talk about the impacts associated with such upgrades.

Jesse Powell to Step Down as Kraken CEO
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Jesse Powell to Step Down as Kraken CEO

Jesse Powell will remain as executive chairman of the crypto exchange, focusing his time on product development and crypto industry advocacy.

Michael Saylor Lends a Voice to the Revolt Against NY Bitcoin Mining Moratorium
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Michael Saylor Lends a Voice to the Revolt Against NY Bitcoin Mining Moratorium

Michael Saylor, the Chief Executive Officer of MicroStrategy Incorporated, has called on New Yorkers to stand up to their Senate’s push to regulate the Bitcoin mining ecosystem in the state.

Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge
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Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge

With the Ethereum merge just around the corner, crypto exchange OKX has given a service update that includes suspension of ETH deposits and withdrawals during the much-anticipated event.

Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
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Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.

Finality: A Necessary Condition for Blockchain Applications in Finance
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Finality: A Necessary Condition for Blockchain Applications in Finance

Settlement finality is critical in the world of traditional finance. The same applies to decentralized finance built on distributed ledger technologies (DLT).

Tezos Looks Set to Beat Bitcoin In 2020
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Tezos Looks Set to Beat Bitcoin In 2020

Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.

Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation
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Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation

A greener future is expected on the horizon for Ethereum, thanks to the PoS consensus mechanism, which increases the network's efficiency 2000 times more.

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