The Cointelegraph Press Review

Cointelegraph.com News

• Trump wants tech firms to ‘pay their own way’ as power demand soars
  The POTUS demanded tech giants cover data center power costs as US consumption surged, with Microsoft first to make changes this week. US President Donald Trump has pledged to make major tech companies “pick up the tab” for their power usage to prevent everyday Americans from paying more for electricity. “I never want Americans to […]
• Meta to cut 10% of metaverse arm this week amid AI push: Report
  Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its resources on artificial intelligence. Meta could announce the cuts as soon as […]
• US Senate Ag punts markup on crypto bill to end of month
  Senate Agriculture Committee Chairman John Boozman says he’s delayed work on a crypto market structure bill to have more time to secure bipartisan support. The US Senate Agriculture Committee has pushed its markup of the crypto market structure bill to the end of January, saying it needs more time to garner support for the legislation. […]
• Senators pitch bill to lock in protections for crypto developers
  The Blockchain Regulatory Certainty Act aims to clarify that writing software and maintaining networks don’t trigger federal or state money-transfer requirements. US Senators Cynthia Lummis and Ron Wyden have introduced standalone legislation to ensure that blockchain developers and service providers who don’t directly handle user funds are exempt from money transmitter regulations.The Blockchain Regulatory Certainty […]
• Ethereum must pass 'walkaway test' to endure for 100 years: Buterin
  Quantum resistance, scalable architecture, and a better block-building model that resists centralization pressures are needed if Ethereum is to pass the test of time. Ethereum needs to get to a point where its value proposition remains even if developers stop active work on the protocol, according to its co-founder Vitalik Buterin.“We must get to a […]
• Bitcoin shows strength as US DOJ mulls Fed chair investigation: Will BTC price hold?
  Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold? Key takeaways:Institutional investors selling Bitcoin is visible through the Bitcoin ETFs recording $1.38 billion in net outflows across four trading sessions. BTC futures data shows a neutral 5% basis rate, well below the […]
• CFTC forms innovation committee to help shape rules for crypto, AI
  The CFTC is looking to invite Tyler Winklevoss, Shayne Coplan, Kris Marszalek and other crypto leaders to assist its approach to regulating the blockchain industry. US Commodity Futures Trading Commission chair Mike Selig has unveiled the agency’s new innovation committee, aimed at guiding the regulation of emerging technologies like blockchain and AI, which are transforming […]