Crypto market faces structural weakness: Binance report

The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions about Bitcoin mining’s energy-intensive nature

The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marked to the general public. 66 Total views 3 Total shares Elon Musk’s brain-computer interface startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for…

Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

Tyler and Cameron Winklevoss, creators of U.S..-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24.The Gemini Trust Company, founded in New York in 2014, is currently ranked the 58th largest crypto exchange globally by adjusted daily traded volume, according to CoinMarketCap.The…

Donald Lim believes blockchain and Web3 projects have the “opportunity to flourish” in the country. 334 Total views 6 Total shares The Philippines has all the ingredients for mainstream crypto and blockchain adoption, according to Donald Lim, the founder of the Blockchain Council of the Philippines (BCP).In an interview with Cointelegraph, Lim shared his thoughts…

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. 104 Total views 1 Total shares Starling — a digital bank based in the United Kingdom — is the latest financial institution to ban crypto-related transfers and activities for its cardholders.Starling customers will no longer be able…

Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTDefrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost…