Thai authorities raid illegal Bitcoin mine behind local power outages

The U.S. bond yields have softened and this has ignited investor's appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. Thi bullish sentiment has also rubbed on to the crypto sector, which is surging higher, led by Bitcoin (BTC). After Tesla and Mastercard’s foray…

The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator of tokens across blockchains. The protocol conceptually comprises two major elements:The format requirements…

Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto. 1771 Total views 16 Total shares Investment firm SkyBridge, founded by former Goldman Sachs' vice president Anthony Scaramucci, is one of the latest companies looking to invest in cryptocurrency.The company is putting together a hedge fund that includes Bitcoin (BTC) investment,…

Bitcoin (BTC) is attempting to trade above $27,000 which is a positive sign. In the past few days, Bitcoin’s price held up above $26,000 in adverse conditions when the United States dollar index (DXY) was rising sharply and the S&P 500 index (SPX) was plunging. This suggests that selling dries up at lower levels.The decision

Performance remains on track, the stock-to-flow model shows, as creator PlanB tells investors, “patience is a virtue.” Bitcoin (BTC) is charting its way directly between the previous two block subsidy halvings that sent its price an order of magnitude higher.In a tweet on Sept. 2, PlanB, creator of the stock-to-flow (S2F) BTC price models, told…

Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles.The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to test the application of blockchain technology in managing a localized renewable energy grid.The system relies on connecting local solar energy…

A popular Github contributor called mcclure built a browser plugin that autoblocks Twitter accounts using NFT profile pictures. 185 Total views 49 Total shares That was quick. Within 24 hours of the launch of the Twitter nonfungible token, or NFT, profile pictures for iOS update, a github contributor called mcclure has coded up and shared…

Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 1065 Total views 17 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment.The latest paper by researchers…