Bitcoin mining — What are the true climate change risks?

The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption and Proof-of-Stake (PoS) as an alternative mechanism. The report, titled “Mining the environment – is climate risk priced into crypto-assets?,” determined that Proof-of-Work (PoW) mining cannot co-exist with “the green transition” … Read more

The case for Bitcoin as a part of retirement savings

Last week, United States Treasury Secretary Yellen spoke out against the dangers of cryptocurrencies as a retirement savings vehicle, calling it a “very risky move.” Yellen isn’t alone in her criticism; several analysts and professionals have also publically blasted the idea. For example, Forbes contributor and partner at law firm Adkisson Pitet, Jay Adkisson, likened … Read more

Ethereum core developer to launch Web3 app store for data

We spoke with the co-founder of Laconic, Maly Ly, who has teamed up with Ethereum developer Rick Dudley to create a data app store for web3. The platform intends to solve the problems of “blockchains not having friendly data retrieval APIs for DApps,… data not being signed or retaining cryptographic proofs [and] not coming from … Read more