ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro

The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce payments. ECB Collaborates With 5 Companies on Digital Euro The European … Read more

Billionaire Jeff Gundlach Discusses When to Buy Crypto — Warns of Deflation Risk

Billionaire Jeffrey Gundlach, aka the Bond King, has shared his view on when to buy cryptocurrency. “You need a true Fed pivot,” he stressed. Gundlach also warned about the increasing risk of deflation, noting that it’s time to be bearish on the stock market. Jeffrey Gundlach on Fed Rate Hikes, U.S. Economy, and When to … Read more

Robert Kiyosaki Warns Fed Rate Hikes Will Destroy US Economy — Says Invest in ‘Real Money’ Naming Bitcoin

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the Federal Reserve will destroy the U.S. economy with interest rate hikes. He advises people to invest in “real money,” naming bitcoin as an example. Robert Kiyosaki on Fed Rate Hikes, U.S. Economy, Bitcoin The author of Rich Dad Poor Dad, … Read more

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South … Read more

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could cost 68 gwei or $2.97 per transaction, and today at $0.18, a high-priority ether … Read more

Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC

A Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second (TH/s) of hashrate is dedicated to the new network. Grayscale notes that … Read more

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