Category: Cryptocurrency

Sep 04
Repurposing Bitcoin mining heat can solve global energy crisis: Arcane

While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential to transform the energy industry. 2624 Total views 23 Total shares The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of […]

Sep 04
Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel

The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government, confirmed a local news agency. 842 Total views 28 Total shares A YouTube channel owned by the government of South Korea was reportedly hacked and renamed SpaceX Invest, following which the channel uploaded fabricated videos of Elon […]

Sep 03
Brazilian SEC seeks to change its role in cryptocurrency regulation

Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets. 1299 Total views 19 Total shares The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies.  According to local media, one […]

Sep 03
More than 50% of reported Bitcoin trading volume is ‘likely to be fake or non-economic’ — Report

A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they’re small or unregulated. 5232 Total views 76 Total shares Bitcoin trading data from 157 exchanges reportedly did not match up to what companies claimed. According to an Aug. 26 report from Forbes, Javier […]

Sep 03
Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date

The latest upgrade, which is the blockchain’s fifth, will include improvements to the Plutus programming language and promises greater scalability for lower fees. 5215 Total views 412 Total shares Cardano has set September 22 as the date for its Vasil mainnet upgrade, founder of the blockchain Charles Hoskinson announced on his YouTube vlog Friday. The […]

Sep 03
Crypto’s adaptability, openness key to ideal monetary system, say BIS execs

Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets. 1858 Total views 46 Total shares Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical […]

Sep 03
Binance identifies KyberSwap hack suspects, involves law enforcement

Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap. 1000 Total views 17 Total shares Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack.  On Sept. […]

Sep 03
Price analysis 9/2: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Nonfarm payrolls rose by 315,000 jobs in August, down from the July increase of 526,000 jobs. The report was just below the Dow Jones estimate of 318,000 jobs and the slowest monthly gain since April 2021. The S&P 500 rose in response to the report, but later erased its gains, indicating that bears continue to […]

Sep 02
3 ways to trade Bitcoin and altcoins during a bear market

Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? I […]

Sep 02
62% of wallets did not sell Bitcoin for a year amid the bear market: Data

The majority of traders have held Bitcoin for one year and above, 32% held BTC for one month up to a year and 6% have held for less than a month, data reveals. 1982 Total views 61 Total shares Despite the uncertainties brought about by the bear market, on-chain metrics show that the majority of […]