📍Paul Grewal, former vice president and deputy general counsel of Facebook, will lead Coinbase's legal team. The news was announced in a release from the company, where they make clear Grewal's great expertise in the area. Coinbase has been making quite bold moves in the midst of the work adjustments it has been making with the SEC, the US government, the Department of Justice and authorities to track transactions that take place on its platform, a measure that has led many of its users to stop using its platform.
📍The Bitcoin hash rate breaks all logic and remains on the rise despite the fact that the price of Bitcoin is still on the strong line of $9000 USD. current network status shows a total of 123 EH/s, which could lead to a record mining difficulty adjustment above 8%. This shows that despite the price difficulty, Bitcoin remains strong and expectations of an increase this year remain alive among miners.
Source: BTC.com
📍Along with Bitcoin's hash rate, altcoins are maintaining a surprising bullish rally where the strongest winner has been Dogecoin (DOGE) with more than 61% increase. The reason? A Tik Tok challenge which seeks to promote the purchase of DOGE and make money off of it. As a result, the buying and selling of DOGE has increased significantly and has driven up its price. At the same time, the rest of the altcoins follow the strong sentiment of Bitcoin and remain on the rise.
📍Argentina is now the New epicenter of Bitcoin buying and selling in Latin AmericaThe South American nation is on the brink of its worst economic crisis since the 90s and early 2000s. Limited access to foreign currency, economic policies that do not curb indebtedness, and widespread fear among citizens and investors have led to Bitcoin reaching record levels of purchase in the nation.
📍In Venezuela, the government seizes a transport with 315 Bitcoin miners due to lack of legal documentation for crypto mining. The incident occurred in the Guayana Region, the epicenter of the nation's electricity production and where there are fewer problems with access to high-voltage electricity to manage mining farms. The country, which has strong regulations for cryptocurrency mining, has already carried out several operations to seize miners, although this is one of the largest carried out.
📍The Enterprise Ethereum Alliance now has new executive director, Dr. Daniel C. Burnett. Burnett takes the reins of the EEA after spending two years at ConsenSys where his role was the Blockchain Standards Architect and has been a director of the IEEE-ISTO standards body for more than three years.
Continue reading: New members join the Linux Foundation's Confidential Computing Consortium (CCC)
