Biden Orders Report on Climate Risk of Cryptocurrencies

President Biden has ordered his administration to produce a report on the environmental costs and potential benefits of cryptocurrencies and the blockchain technologies they rely on. Biden’s request came yesterday as part of a sweeping executive order on the “responsible development of digital assets.” Cryptocurrencies such as bitcoin and ethereum are a growing part of … Read more

Cryptocurrencies: MI5 and MI6 are investigating Bitstamp transactions

Bitstamp, Europe’s largest cryptocurrency exchange, says it has handed over information on some of its customers to the UK’s intelligence agencies, MI5 and MI6 Technology 25 February 2022 By Matthew Sparkes Bitcoin has a variety of uses Mete Caner Arican/Alamy The UK’s intelligence agencies have asked Europe’s largest cryptocurrency exchange, Bitstamp, to hand over information … Read more

Cryptocurrencies: Ethereum delays emissions-slashing upgrade again

Ethereum is using almost as much electricity as Ecuador, according to a new analysis, and a long-awaited upgrade to slash its energy use has been delayed once again Technology 15 December 2021 By Matthew Sparkes A coal-fired power plant in Germany Hans Blossey/Alamy A long-awaited upgrade to the Ethereum network which developers promise will slash … Read more