ENSv2 Upgrade Moves Ethereum Name Service to Layer-2

As an experienced analyst, I see great potential in Ethereum Name Service (ENS) upgrading to Layer-2 networks with ENSv2. The scalability and cost reduction benefits are crucial for the long-term growth of this essential decentralized infrastructure. The Ethereum Name Service (ENS) is undergoing an update to shift its operations to a Layer-2 network. With the … Read more

Bitcoin Mining Energy Use $2.7B Worth of Electricity in US

As a crypto investor with experience in the industry, I find the recent data on Bitcoin mining energy usage and costs alarming. The $2.7 billion worth of electricity consumed by US miners since the beginning of 2024 is an astounding figure, especially considering that the cost of mining one Bitcoin has doubled post-halving. In the … Read more

Ex-FTX Executive Ryan Salame Sentenced 7.5 Years in Jail

As a seasoned crypto investor, I’m deeply troubled by the latest developments regarding Ryan Salame’s sentencing. Salame’s involvement in these alleged offenses, which include political contributions using consumer funds and operating an unregistered money-transmitting business, is truly disheartening. According to U.S. federal prosecutors, Ryan Salame, a previous co-CEO of FTX’s Bahamian affiliate, received a sentence … Read more

JasmyCoin price fluctuates as new crypto contenders emerge

As an experienced crypto analyst, I’ve been closely following the dynamic and ever-evolving digital currency market for quite some time now. The recent surge in the crypto space has brought about intriguing developments, with JasmyCoin and Mollars being two noteworthy projects that have piqued investor interest. “JasmyCoin piques investors’ curiosity due to its compelling use … Read more