The 5 most impactful crypto news of the week

The 5 most impactful crypto news of the week

On this occasion, to end the week, we expose the 5 most shocking news of our platform about the crypto world.

From CriptoTendencia we focus on providing quality and impact information on a daily basis. However, we know that there are some that weigh more heavily on our readers. For this reason, we decided to make a summary of our 5 most outstanding news from the crypto world.

Is a Digital Euro coming?

We started our list with a debate that stunned the world. As we have seen in previous news from the crypto world, various countries fear the power of Facebook's Libra. Their reaction has been to launch the competition of the same, as the case of China.

Apparently, the reaction of some senators in the European Union is to launch their own digital currency. They tentatively named it Euro Digital , which would compete with Libra within the crypto market. The idea has not been approved, but is on the table for discussion.

Could Google's new quantum computer be a problem for crypto?

No, according to Antonopoulos

Next on the list of news from the crypto world are comments on a topic that generates fear due to ignorance about it, considering how complex and novel it is. We refer to the subject of quantum computers, which can perform tasks up to 6 million times faster than a normal one.

For this reason, various people fear that these computers will succeed in cracking the cryptography behind cryptocurrencies. Their fear is based on the uncertainty whether it will be possible to fail from the core to the crypto market.

However, given these statements, experts such as Antonopoulos, decide to comment on the matter. In this case, he alleges that it is only a myth that such computers can challenge the crypto market, claiming that they would need thousands of quantum computers to do so.

UNICEF launches its own crypto fund

This type of news is controversial for people outside of the crypto world. This happens because the relationship of "traditional" organizations and the world of cryptocurrencies seems something of a surprise to them. It is not the exception for international organizations with an impact around the world.

In this news we exposed how the United Nations children's fund, Unicef , created its own crypto fund. His goal is to make it easier for people all over the world to support his cause. With the use of cryptocurrencies, the doors of countries that have currency or banking problems were opened.

McAfee does it again: McAfeeDex

Near the end of the list, we continue with a news that seeks to reach every corner of the crypto world. As we know, John McAfee is a particular character, who makes daring bets and wants to run for president of the United States from exile. On this new occasion, he decided to launch his own decentralized exchange.

Its objective is to demonstrate that functional platforms may exist outside of the supervision of a regulatory institution. His ideal is that the exchange demonstrates the possibility of maintaining the anonymity of people, maintaining their privacy.

Bitcoin mining consumes more energy than entire countries

Finally, we have the news of the energy consumption of the crypto world. In which, a detailed report of how the crypto market continues to be inefficient in energy use is exposed. The report raises how the set of miners in a given sector manage to compete against entire countries.

They use the active miners of both Bitcoin and Ethereum as a source, thus excluding the other cryptocurrencies. In the same way, a massive use of energy is obtained. (south african news)