Bitcoin’s potential environmental benefits highlight a stark contrast with the traditional financial system’s exploitation of natural resources. Margot Paez, a fellow at the Bitcoin Policy Institute, has examined Bitcoin through the lens of a climate activist, questioning mainstream narratives about its environmental impact. Her research reveals that Bitcoin, often criticized for its energy consumption, may The post How Bitcoin can save the environment ending FIAT’s abuse of natural resources appeared first on CryptoSlate.

The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensys’s MetaMask wallet services, specifically the Swaps and Staking features, which the SEC claims have been operating as unregistered broker services since October 2020 and January 2023, respectively. The lawsuit follows a Wells Notice from The post SEC looks to end Ethereum staking through MetaMask in new lawsuit appeared first on CryptoSlate.

A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to the fraudulent app mimicking the legitimate Phantom Wallet. The fake app, published by Meta Voxify and with poor 1-star reviews, appears as an ad and The post Fake Phantom wallet promoted in iOS AppStore drains users funds appeared first on CryptoSlate.

President Joe Biden and former President Donald Trump faced off in their first debate of the 2024 election season on Thursday, June 27, in a high-stakes encounter that highlighted stark contrasts between the two candidates. The 90-minute discussion, hosted by CNN in Atlanta, covered many critical issues, including the economy, abortion, immigration, foreign policy, and The post No Bitcoin mention by Trump while Biden fails his ‘one job’ in first presidential debate appeared first on CryptoSlate.

The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory requirements creates a paradoxical situation that could potentially harm the very networks these investment vehicles aim to represent. At the core The post If spot ETFs for proof-of-stake chains launch without staking we could go backwards appeared first on CryptoSlate.