Daily News Headlines | Latest Crypto News (25th May) | Cryptoknowmics
Here are the top 5 crypto news for the day!
Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we
know it, in the coming days.
Ground X, the creator of the shared blockchain network Klaytn, introduced the launch of ‘KrafterSpace,’ the new NFT minting service that simplifies the development and management of NFTs for all. KrafterSpace enables users to quickly and efficiently build and handle digital objects.
Elon Musk has joined a conversation among leading Bitcoin miners, hosted by Michael Saylor, to address environmental concerns of Bitcoin mining, according to a tweet from the Tesla CEO on Monday. Elon Musk had announced a couple of weeks ago that the electric car maker would no longer accept Bitcoin as payment for its electric cars, citing environmental concerns, which lead to the Bitcoin price drop.
In a blog post, Vitalik Buterin criticized the doubtful Dogecoin scalability claims for blockchains and how rising criteria, as suggested by Musk, is not a good idea. Buterin starts the post by asking how fast one can “push the scalability of Blockchain,” before directly addressing Elon Musk’s tweet about increasing Dogecoin network parameters.
One River Asset Management, a hedge fund management company, has filed a proposal with the Securities and Exchange Commission to launch a Bitcoin exchange-traded fund with a carbon-neutral proposal. It intends to cover Bitcoin’s carbon footprint by buying carbon credits equal to the trust’s projected CO2 emissions, a first for any proposed trust that gives direct exposure to Bitcoin.
Ray Dalio, one of the world’s wealthiest hedge fund investors, announced that he owns Bitcoin in a recent interview aired during the Consensus conference. However, Dalio did not say how much of his fund is invested in the biggest cryptocurrency.