Crypto News
UAE Introduces ‘Finfluencer’ License for Digital Financial Content
United Arab Emirates’s securities regulator has introduced the finfluencer license to regulate and supervise the promotion of digital financial content in the United Arab Emirates. Redefining Regulators’ Role in Digital Economy The Securities and Commodities Authority (SCA) has launched what it calls the Middle East’s first “Finfluencer” license, a regulatory move designed to formalize andSource link
Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring
The Ethereum Foundation has laid off some members of its research and development team as part of a broader restructuring effort aimed at refocusing on critical protocol design challenges, the organization said in a blog post Monday.The shake-up comes as the Switzerland-based nonprofit grapples with ongoing criticism over its management and strategic direction. Some in the Ethereum community have warned for over a year that failure to address key technical hurdles could threaten Ethereum's status as an industry leader, and the organization has already undergone leadership changes in part to address these concerns.The foundation is rebranding its Protocol Research and Development division under the simplified name “Protocol,” and is repositioning the group around three main priorities: scaling Ethereum’s base layer,...
AI’s Power Consumption Will Dwarf Bitcoin by Year’s End, Says Study
Research reveals that AI could consume nearly half of data center electricity by the end of 2025—making Bitcoin's environmental critics look the other way.Source link
XRP Price Watch: Bulls Circle as XRP Eyes Breakout Above $2.20
XRP is trading at $2.18 at 5 p.m. Eastern time, with a total market capitalization of $128 billion and a 24-hour trading volume of $1.77 billion. Price action has fluctuated within a tight intraday range of $2.14 to $2.189, signaling cautious optimism amid macro and micro market movements. XRP In the 1-hour chart, XRP isSource link
Tether, Bitfinex Move $2.7 Billion in Bitcoin to Twenty One Capital
The transfers were expected, based on a social media post from Twenty One Capital CEO Jack Mallers.Source link