Adoption
Mining
Study shows 62% of Bitcoin network is zero-emission
A recent study revealed that the carbon-neutral impact of the Bitcoin network increased by 41% since March 2021, and another 4.2% has a carbon-negative impact.
DeFi
FBI warns against DeFi after data reveals sector accounts for 97% of stolen $1.3B during Q1
FBI cited Chainalysis data and said the amount stolen from DeFi increased by 72% compared to 2021.
Gaming
Chainplay report reveals 3 in 4 investors join crypto because of GameFi
According to Chainplay's recent State of GameFi report, the majority of investors join crypto to profit from GameFi.
Bear Market
BTC drops to near $20,700 after Fed Chair Powell’s speech
Bitcoin price fell almost 5% after Federal Reserve's chairman Jerome Powell said it will take a while before the inflation is stabilized.
Taxes
Japan might be lowering tax burdens on crypto startups in 2023
The country discussed the necessity of reducing the tax requirements on crypto initiatives to prevent start-ups from leaving Japan.
Technology
Crypto-native messaging platform Comm raises $5M in seed funding
Startups turn towards developing crypto-native messaging platforms as first of their kind, Comm, raises $5 million in a seed funding round led by CoinFund
Partnerships
Ripple continues overseas expansion with Tranglo to UAE
Days after expanding to Brazil, Ripple shook hands with Tranglo to spread its On-Demand Liquidity (ODL) solution in the United Arab Emirates
Technology
Professor re-uploads Tornado Cash code to GitHub for research purposes
A professor of Computer Science at Johns Hopkins University re-uploaded Tornado Cash and Tornado Nova source codes to GitHub, saying he has been using the code for teaching purposes.
Adoption
El Salvador’s Bitcoin policy could lead the change in global monetary system – Simon Dixon
Simon Dixon said El Salvador's Bitcoin strategy will help the country get out of the "fiat-based Ponzi scheme debt mechanisms" that the IMF created.
Wallets
Coinbase’s ENS integration goes live
Users can change their ENS names once a year and use them in any manner they choose to, as long as it complies with Coinbase's Subdomain Terms — which have yet to be announced.
Mining
Bitcoin mining energy consumption estimated to rise 10x if price hits $2M – Arcane Research
Arcane Research's published a report calculating Bitcoin's future energy consumption levels based on three possible future prices.
Bear Market
IBM’s WeaveSphere conference will focus on Web3 in November
WeaveSphere is a technology conference held jointly by IBM and Evoke, and its 2022 theme is "Evolving Technology for the Future" which focuses on Web3 areas along with various others.