Finance

Bitcoin Core team members Ali Sherif and Luke Dashjr have advocated integrating "spam filtering" into Taproot transactions. This would block tokens based on BRC-20 and NFT Ordinals, but would also take the strain off the network. "I think everyone here knows what has happened to the bitcoin meme in the

Former Ripple communications director Matt Hamilton advised El Salvador to use a "more appropriate technology," such as XRP, for small payments. He cited the high fees on the Bitcoin network as the reasoning behind it. In his view, Bitcoin does not scale in any way. These limitations significantly inhibit the

Regulatory authorities in Estonia have taken a tougher stance due to concerns about money laundering. As a consequence, the number of crypto-firms registered in the country has dropped by 80%. The regulator said in a statement that about 200 licenses were revoked by the firms themselves, and about the same

Cryptocurrency exchange Coinbase reported that the United Arab Emirates could serve as an international crypto-hub for the Middle East as well as parts of Africa and Asia. "Cryptocurrency and web3 are huge opportunities for economic and technological diversification for the UAE, the region has the potential to be a strategic

The Montana Senate passed legislation to protect crypto-mining from discrimination. Draft 37-13 protects both home mining and businesses. It prohibits operators from imposing "discriminatory utility rates." At the same time, mining companies are protected from taxation on the mined cryptocurrency.

The developers of the Curve protocol launched the crvUSD stablecoin on the Ethereum core network, after testing on the Sepolia network. But, after some time, the team discovered that the current version of crvUSD needs to be re-deployed. Stablecoin is planned to be re-deployed today.

Binance has received multiple enquiries from Congress regarding the company and its CEO's alleged ties to the PRC. This was reported by Fortune, citing a spokesperson for the exchange. According to Binance, the reason for the enquiries from Congress was ChatGPT. The chatbot claims that Changpeng Zhao developed the platform

This year, the cost of mining one bitcoin in the United States will rise from $5,000-10,000 to $17,000, according to a new report from analytics portal Hashrate Index. New Mexico, Idaho, Oklahoma and Iowa will be the most profitable places to mine Bitcoin. The highest electricity costs