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Regulators need to determine whether miner extractable value is illegal, BIS report says

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Posted on June 17, 2022

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A new research paper published by the Bank for International Settlements has equated miner extractable value (MEV) to illegal activities in traditional markets like front-running and sandwich trades. MEV refers to profits that miners can earn by choosing which transactions to

Ripple CEO Brad Garlinghouse Confident of Crypto Future, Warns Industry Will See More Pain in Short Term

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Posted on June 16, 2022

Ripple CEO Brad Garlinghouse is optimistic about the future of the crypto industry despite the market downturn. Garlinghouse says that while the market will “shrink” over the short term, a bright future lies ahead for crypto. “The market is likely going to shrink in the near term, but I and many others have every ounce

Social credit system or spark for global adoption? – Cointelegraph Magazine

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Posted on June 16, 2022

Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community. Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, it’s suggested SBTs will be capable of tracking memberships, credentials and affiliations

Regulations and exchange delistings put future of private cryptocurrencies in doubt

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Posted on June 16, 2022

The core principles of cryptocurrency were based on financial independence, decentralization and anonymity. With regulations being the key to mass adoption, however, the privacy aspect of the crypto market seems to be in jeopardy. In 2022, even though no particular country has come up with a universal regulatory outline that governs the whole crypto market,

GPU mining could eventually be profitable after Ethereum moves to proof of stake

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Posted on June 15, 2022

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum is by far the most popular cryptocurrency for GPU miners. However, there is little time left for Ethereum in its proof-of-work state. It moves to proof-of-stake later this year when it merges with the beacon chain. What will happen to

Something HUGE Coming for Bitcoin & Crypto… Cryptocurrency News Today

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Posted on June 15, 2022

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29/04/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC

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Posted on June 14, 2022

NYC Mayor plans to ask Governor Hochul to veto crypto mining bill

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Posted on June 14, 2022

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Eric Adams, the incumbent Mayor of New York City, plans to ask Governor Kathy Hochul to veto a bill looking to impose a two-year ban on Proof-of-Work (PoW), Adams told Crain’s New York Business. Speaking out against the New York Assembly

Why Crypto Market Is Going Down | Cryptocurrency News Today | Crypto News Today | Bitcoin News

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Posted on June 13, 2022

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Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm

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Posted on June 13, 2022

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The price of Ethereum has dropped below $1,250 while energy prices are skyrocketing. The average cost of electricity in states such

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