The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently expressed their concerns about the regulatory challenges that the crypto industry is facing under the Biden-Harris Administration. They openly criticized the administration’s handling of the industry, pointing out a series of regulatory hurdles that they believe are hindering innovation and growth in the
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Cynthia Lummis recently took a stand against the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners. She argues that this tax could severely impact the growing Bitcoin mining industry in the U.S., dismissing concerns about environmental pollution and energy grid risks as unfounded. Lummis contends that even if the administration’s
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The Machines Arena Play-to-Airdrop (P2A) campaign introduces a unique gamified reward system that aims to engage users and offer lucrative returns through a play-to-earn strategy. By participating in various activities inside and outside the game, players can earn points that contribute to their overall ranking on the leaderboard. These activities include playing games, solving quests,
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BitcoinOS (BOS) recently achieved a groundbreaking milestone in the world of blockchain by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This achievement marks a significant step towards revolutionizing Bitcoin’s scalability and functionality without the need for alterations to its underlying consensus code. The team at BitcoinOS was able to finalize the
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The recent repayments initiated by Mt. Gox to creditors affected by the 2014 hack have brought about an interesting revelation in the crypto market. Contrary to initial concerns about a potential market dump, it has been observed that creditors on Kraken have shown a strong “hodling” sentiment. This is evident from the significant increase in
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Ethereum’s price has been experiencing a period of consolidation above the 100 and 200-day moving averages, signaling a bullish trend in the market. The recent breakthrough above the critical 100-day moving average at $3,354 has led to a phase of sideways fluctuation, indicating a balance between buyers and sellers. However, with the introduction of spot
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