In a letter Wednesday addressed to Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), the group expressed concerns that bitcoin mining's enormous demand for energy in Texas is straining the state's grid, adversely impacting consumers and U.S. climate goals. ERCOT manages the Texas electricity...
After that? Bianchi was all-in. “I knew I was here to stay,” says the actor, who spent months in Clubhouse rooms and Discords to immerse himself in Web 3 culture. He even begins our Zoom call with a cheery, “Gm, gm!” The man knows the space. Here, he...
“An order effectively requiring Defendants to decriminalize use of the 20 Tornado Cash addresses would allow Plaintiffs to conduct their legitimate activities with some measure of anonymity, use their preferred software tool without fear of penalties, and engage in important expressive associations,” the suit said. “Judicial relief would...
The good news is that, at least for now, analysts don’t see Suisse as a systemic risk in the way that Lehman Brothers was in 2008. Still, there are ways to view Suisse’s ineptitude as systemic to modern banking. Economists have argued, for instance, that big banks consistently...
Experts weigh in on the future of crypto as currency ahead of CoinDesk's I.D.E.A.S. conference. Team Valhalla
“The only institutions that are fully on-chain that could generate organic demand for these derivatives products are DAOs, which have a need to deploy tokens strategically to maximize their longevity,” Chitra said in an interview. “DAOs have this capital, so it’s about starting a flywheel where they send...
Depositors on Curve earn up to 4% annual yields from one of the many pools on the platform. Curve is the third-largest decentralized finance (DeFi) project with over $5.8 billion in value locked. Its CRV are issued as yield farming rewards to liquidity providers on Curve Finance, and...