Charles Hoskinson, the founder of Cardano (ADA), has announced a series of planned enhancements for the ninth-largest crypto asset by market cap, which he claims will result in substantial speed gains.
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing the plan to block all Russians.
There is a rapidly expanding issue of power theft in Malaysia for bitcoin mining. On the other hand, National utility has a few suggestions on how to rein in the trend. Special tariff is a method to combat the illegal use of power that Tenaga Nasional’s chief executive indicated was being considered. According to a proposal, bitcoin mining companies should be encouraged to apply for legal energy supply by the Energy Commission.
2022 has not been a good start for cryptocurrencies. To date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana‘s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date.
A widely followed crypto analyst is naming Terra (LUNA), Cosmos (ATOM) and three additional crypto assets as his top altcoin picks for the month of March.
The global crypto market has changed course after a continue loss. The new gains have brought it a significant value as its market cap has reached $1.78T. Bitcoin and Ethereum sees minor growth with major altcoins show mixed signals.