Crypto News
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company warns, however, that restrictions could have an adverse effect on global carbon emissions.
bitcoin.com
Helium Network Hits 300k Live Nodes, Making It the Largest Operating IoT Blockchain
After last week’s phenomenal performance, Helium continues to show strong support at the $46 level. Currently trading at $45.9, HNT is keeping investors excited amid a recent partnership with Dish.
nulltx.com
NFT Artist Beeple Sells Latest Work for $29 Million at Auction
Beeple, the digital artist whose tokenized artwork "EVERYDAYS: THE FIRST 500 DAYs" sold for a record $69.3 million at a Christie's auction this March, has followed it up with a $28.9 million sale today of a hybrid physical and digital work. It's the second-largest sum paid for an NFT—or, at least, a piece of art accompanied by a "dynamic" NFT.
decrypt.co
New York coin launching this week with Mayor-elect Eric Adams’ blessing
The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams.
cointelegraph.com
Mastercard Launches Crypto-Linked Payment Cards for Asia-Pacific Region
Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said.
bitcoin.com
Shiba Inu ($SHIB) Was the Most Popular Cryptocurrency on Twitter Last Month, Data Shows
Shiba Inu ($SHIB) was the most popular cryptocurrency on Twitter during the month of October, according to data compiled by ICO Analytics and shared on the microblogging platform.
cryptoglobe.com
SEC Commissioner: DeFi must address transparency and pseudonymity
SEC Commissioner Caroline Crenshaw has highlighted the benefits of Decentralized Finance while warning of the dangers of failing to embrace a protective regulatory framework in a Nov. 9 opinion piece.
cointelegraph.com
Coinbase shares to open lower after 75% drop in net income in Q3
Coinbase (COIN) shares have taken a hit after the firm posted a 75% decrease in net income during the third quarter.
cointelegraph.com
Elon Musk’s New Twitter Handle Sparks Launch of $EDGELON, Which Already Moved up 800%
Tesla CEO Elon Musk changed his Twitter name over the weekend to “Lorde Edge,” in a move that hasn’t yet been explained but is already affecting the cryptocurrency space, as a new meme-inspired cryptocurrency called EDGELON has been launched.
cryptoglobe.com