Another exciting week in the crypto space is drawing to a close. The most important events around Bitcoin and Co. at a glance.
Andre Cronje says goodbye to the crypto space
Bad news for the DeFi sector: the legendary duo Andre Cronje and Anton Nell are putting an end to cryptocurrencies. After years of working on DeFi applications, they both want to retire from the crypto space.
As a developer, Cronje is behind the DeFi protocol, for example. yearn finance (YFI) and thus has established itself on the scene. Many DeFi applications are designed to work without creators thanks to smart contracts. However, the duo’s resignation is always a symbolically significant step.
You can find more information here.
The final draft of MiCa is awaiting approval
A real back-and-forth: After BTC-ECHO exclusively reported that the draft MiCa (Markets in Crypto-Assets) guidelines can be understood as a de facto ban on Bitcoin, the corresponding paragraph was removed from the document.
As chairman of the EU’s Economic and Monetary Affairs Committee (ECON), Stefan Berger (CDU) has announced that the final application has now been submitted. bergers cheep According to the report, cryptocurrencies will be included in the EU taxonomy. The vote will take place tomorrow, March 14.
For the detailed article, go here.
Hive wants to double the hashrate with Intel mining chips
Intel ASIC-Miner is and remains a closed book. While there is only speculation (albeit fairly definite) as of this writing as to the exact performance specifications of the second-generation, low-power Bitcoin mining chip, the mining company suggests hive now correctly.
According to its own statements, the mining giant has closed an agreement with Intel that aims to guarantee Hive’s tailor-made products with the respective chips. By the end of 2023, Hive plans to increase its computing power by 95 percent.
You can read more about this in this post.
Biden Crypto Regulation Is Friendlier Than Expected
United States President Biden signed an executive order regulating cryptocurrencies in the United States last week. The goal is to “encourage innovation” but also “reduce risks for consumers, businesses, the financial system in general and the climate,” according to the document.
Consequently, selected government agencies should now examine the crypto space more closely. The crypto market reacted quite positively to the news out of Washington and saw some sharp price spikes.
You can read the detailed post here.
Kraken donates $10 million in BTC to Ukraine
The crisis situation in Ukraine, triggered by Putin’s war of aggression, continues to escalate. the bitcoin exchange octopuses now he is responding with an extremely generous donation project.
The trading platform goes quite deep into the wallet: all Ukrainian citizens who registered with Kraken before March 9 can expect 1,000 US dollars in BTC to receive support. In total, the crypto exchange would like to give away 10 million US dollars. According to the company, more relief measures are still pending, depending on how the war situation develops.
You can find our Ukraine news ticker here.
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