Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Mozilla
Mozilla Changes Crypto Donation Policy to Only Accept POS Currencies
Mozilla – the non-profit behind the Firefox browser – has revised its crypto donation policy following backlash online about the technology’s energy use. Now, it will continue to accept some cryptos, but refuse Bitcoin and other proof of work cryptocurrencies. Proof of work (POW) cryptos require electricity/ computing power for users to compete to construct a block of transactions. By contrast, proof of stake (POS) cryptocurrencies make users stake their crypto holdings for the right to create a block. This…
3 years ago