The European Union (EU) released a package of documents related to an action plan for implementing the European Green Deal and the REPowerEU Plan, which aim at energy savings by digitalizing the energy sector. In place of PoW mining, the EU plans to increase the Proof of Stake (PoS) concentration in the bloc. According to…

Experts weigh in on the future of crypto as currency ahead of CoinDesk’s I.D.E.A.S. conference. Since 2009, when Bitcoin was quietly launched by its creator, the technology spurred thousands of digital money projects, creating a vibrant and lucrative landscape for investors. Investors now come in all sorts of flavors. What once was a small group…

Aptos Labs blockchain announced the long-anticipated launch of its mainnet on Oct. 17, becoming the first of the Facebook spin-off networks to premiere and test its multibillion-dollar valuation. However, until the Aptos token, wallets, trading venues, and DApps debut, there won’t be many use cases on Aptos. Aptos is the creation of several ex-Meta employees…

Mastercard announced on October 17 the Crypto Source program, which will make it easier for banks and financial institutions to offer cryptocurrency trading. The payments giant is teaming up with Paxos to launch the service and take care of compliance and security. The Crypto Source program will act as a “bridge” between the crypto trading…

Decentralized exchange aggregator 1inch Network has partnered with the major European sports promotion firm Oktagon MMA. The partnership signifies another step into the MMA terrain in a move to bridge DeFi and exciting competitive sports. Like the 1inch Network is committed to driving mass adoption of DeFi, Oktagon is striving to make MMA available to…

Breaking crypto news from the last week (Oct. 8 – 14, 2022): Oct. 8: Leon Li Lin, the founder of crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm, About Capital, according to Huobi’s website. The company said the deal has no impact on Huobi’s core business. Oct. 10:…