Early Ethereum adviser sues law firm for $100M over crypto extortion case defense

A recent study by scientific journal Nature Sustainability published Nov. 5, reveals that crypto mining consumes more energy than mineral mining to produce the same market value.Scientists from the U.S. Department of Energy’s Oak Ridge Institute for Science and Education conducted a study to evaluate how much energy is consumed by mining cryptocurrencies in comparison…

The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion.Observing the investment preferences of rich individuals and institutional investors is instructive. They…

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block — a crypto donation solution that provides an ecosystem for nonprofits and charities…

The integration of blockchain technology into games is one of the seismic industry shifts of recent times, with some believing that gaming is the key to mass adoption of cryptocurrency.The soon-to-be-released Qudo platform from Portugal’s Blockbastards, promises to allow developers to integrate crypto rewards into any Unity-based game without any previous blockchain experience.But what is…

Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy. 207 Total views 1 Total shares Own this piece of history Collect this article as an NFTTroubled digital currency company Genesis Capital saw its settlement disrupted by creditors in two months after the initial agreement,…

In a survey of institutional investors by the Global Blockchain Business Council (GBBC), 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. Cointelegraph acquired a copy of the study on Jan. 22.In December and January the market research company PollRight interviewed 71 institutional investors, including private equity, hedge…

MINA, a utility token backed by a "lightweight" smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date.The coin rallied by about 75% to reach $2.75 as of March 24 as traders weighed a high-profile funding rounds involving the sale of $92 million worth…

Plans to introduce staking and the recent listing on Kraken pushed Energy Web Token’s trading volume and price to a new all-time high. 2684 Total views 19 Total shares One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid…

The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing to predict the direction of the breakout. While Bitcoin price compresses, the altcoin market…