Author: Kryptonews

The USA is the global leader in Bitcoin mining electricity expenses, spending over $10.8 billion annually, far exceeding any other country. China and Kazakhstan follow, spending $4.4 billion and $2.8 billion, respectively. Canada and Russia also stand out with significant expenditures—Canada spends nearly $1.5 billion, driven by relatively high energy costs, while Russia contributes over $1.1 billion, highlighting their substantial roles in global mining despite lower hash rates.Bitcoin mining requires significant amounts of electricity, impacting countries and states by increasing energy costs, causing blackouts, and driving higher carbon emissions. This study dives into these critical issues to reveal the hidden…

US lawmakers on the House Financial Services Committee are expected to meet for a markup hearing on Tuesday to consider a cryptocurrency market structure bill, which could be amended to add protections for blockchain developers.According to a notice released ahead of the hearing, committee chair French Hill introduced an amendment to the Digital Asset Market Clarity Act of 2025, otherwise known as the CLARITY Act, focusing on the “treatment of certain non-controlling blockchain developers.” The amendment proposed that, under the potential market structure law, certain blockchain developers or service providers would not be considered money transmitters or subject to their…

When it comes to building decentralized apps (dApps), one of the most critical decisions developers face is whether to use a traditional database or a blockchain. Both technologies have unique strengths and weaknesses, and the best choice depends on the specific requirements of the application. Understanding Blockchain Blockchain technology is a distributed, immutable ledger that records transactions across multiple nodes in a network. It is most famous for its role in cryptocurrencies like Bitcoin and Ethereum but has far broader potential. Key features of blockchain include: Decentralization: No single point of control or failure. Immutability: Data is tamper-proof, ensuring transparency…

In general, the NFT and crypto landscape stands as a volatile and unpredictable market. However, as of late, there’s been an increase in the air of uncertainty surrounding this landscape, demanding the attention of investors and onlookers alike. In fact, the sensitivity of this market is further solidified by the huge impact a tweet from crypto influencer Kekalf had on the world of crypto and NFTs. It’s important to note that this sudden buzz following the social media post has brought about vital discussions, including speculation on where the market is headed. To better understand the ripple effect, let’s take…

The U.S. Securities and Exchange Commission Chairman, Paul Atkins, has vowed to do things differently during his tenure and is already hard at work.  Under his leadership, the SEC is now considering changing how it views self-custody, describing it as a “foundational American value.” Chairman Paul Atkins gave remarks at the Crypto Task Force Roundtable: https://t.co/qdz19Hdgyl More information on the Crypto Task Force: https://t.co/3dAzZIsAvL pic.twitter.com/fy6Auir24w — U.S. Securities and Exchange Commission (@SECGov) April 25, 2025 Atkins at the SEC’s final Crypto Task Force Roundtable According to remarks delivered Monday at the SEC’s final Crypto Task Force Roundtable, which was titled…

Let’s delve into a comprehensive comparison between Bitcoin and traditional currencies, often referred to as fiat currencies. This analysis will explore their key characteristics, strengths, weaknesses, and impact on the global financial landscape.## Decentralization vs. CentralizationOne of the most fundamental distinctions lies in their governance. Bitcoin operates on a decentralized blockchain network, meaning no single entity controls it. Transactions are verified by a distributed network of nodes, making it resistant to censorship and manipulation. This contrasts sharply with traditional currencies, which are issued and regulated by central banks, like the Federal Reserve in the United States or the European Central…

Mittlerweile dürfte es jeder mitbekommen haben: Bitfinex bringt einen eigenen Token mit dem Ticker „Leo“ heraus. Nachdem es bereits nach dem Bitfinex-Hack einen Debt-Token gab (den man auch in Anteile an iFinex eintauschen konnte), der auch vollständig zurückgekauft wurde, wird der Token diesmal ein Exchange-Utility-Token a là Modell BNB. Zunächst einmal ist es allerdings aus meiner Sicht sinnvoll, den Weg hin zu dieser Entscheidung von Bitfinex nachzuvollziehen. Dabei ist der Vorfall etwas komplexer und ich möchte daher nicht versuchen, diesen hier wiederzugeben. Stattdessen finden sich im Folgenden die Gerichtsdokumente (leider auf Englisch), mit denen man sich am besten selbst ein…

Key takeaway:Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting its short-term upside potential.Some analysts anticipate Bitcoin could rally to $150,000 as the US government nears a $4 trillion increase to its debt ceiling. However, futures market data suggests short-term hesitance, likely driven by unfavorable macroeconomic signals and a misreading of Bitcoin’s potential supply shock.Bitcoin 2-month futures annualized premium. Source: laevitas.chSince June 6,…

The Problem with Centralized Social Media Social media platforms have become the digital public squares of our time, shaping discussions, news consumption, and political discourse. However, these platforms are controlled by a handful of corporations that dictate what content is allowed or suppressed. Centralized moderation policies often lead to censorship, shadow banning, and deplatforming, undermining free speech and open debate. The lack of transparency in these decisions makes it difficult for users to challenge or appeal such actions. How Blockchain Solves Censorship Issues Blockchain technology offers a decentralized alternative to traditional social media. Unlike centralized platforms, blockchain-based networks operate on…

Bitcoin has exploded from a cryptic digital curiosity to a mainstream investment asset. Understanding the nuances of Bitcoin is vital for anyone looking to navigate the cryptocurrency landscape. This article aims to provide a comprehensive investor’s guide, exploring strategies, risks, and potential opportunities associated with investing in Bitcoin. Understanding Bitcoin Basics Before diving into investment strategies, it’s crucial to understand the fundamental principles of Bitcoin. Bitcoin is a decentralized digital currency, meaning it operates independently of central banks or government institutions. Its value is determined by supply and demand within the open market. Key concepts include: Blockchain: The underlying technology…