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US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption

Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that Proof-of-Work mining could increase demand for fossil fuels. Source: https://cointelegraph.com/rss US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption

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A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors. Source: https://cointelegraph.com/rss A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

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CBDCs only solution to 'smooth continuation' of the monetary system: ECB

The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want. Source: https://cointelegraph.com/rss CBDCs only solution to 'smooth continuation' of the monetary system: ECB

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Ontario crypto exchanges impose $30K annual limit on altcoin buys

The new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to one of the exchanges. Source: https://cointelegraph.com/rss Ontario crypto exchanges impose K annual limit on altcoin buys

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AFL’s first limited-edition NFT drop sells out in under 12 hours

The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop. Source: https://cointelegraph.com/rss AFL’s first limited-edition NFT drop sells out in under 12 hours