‘A De Facto Ban’—Serious Bitcoin Warning Issued As Price Crash Hits Ethereum, BNB, XRP …

The bitcoin price has lost around 10% over the last few days, crashing to levels not seen since January.

The bitcoin and crypto market has gone into free fall, with the price of ethereum, BNB, XRP, solana, …

Proof-of-work is the name for bitcoin’s decentralized consensus mechanism that lets so-called bitcoin miners secure the network and validate transactions in return for new coins.

In recent years, as the soaring bitcoin price has caused an influx of miners, lawmakers and regulators around the world have begun weighing whether to ban proof-of-work crypto mining.

The bitcoin price has swung wildly over the last year, losing around 40% from its peak of almost …

Last month, leaked European Union documents revealed the extent of anti-bitcoin sentiment among EU officials—and their desire to “protect” the likes of ethereum.

Speaking alongside Demirors, Elizabeth Stark, the chief executive of bitcoin payments developer Lighting Labs, echoed her concerns.

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