The dark side of the metaverse and how to fight it | Cointelegraph interview

The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report. The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from…

Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets. 180 Total views 3 Total shares The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony

Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow. 666 Total views 3 Total shares Bitcoin (BTC) investors continue to hodl BTC at $40,000, even if they bought it at lower levels earlier in 2021.In the latest edition of its newsletter, The Week…

Binance exchange will include all future businesses and products into the scope of each quarterly burn of its native token Binance Coin (BNB).Decision made based on community feedbackAccording to a blog post on Sept. 12, Binance has decided to include all its products into quarterly BNB burns in accordance with community feedback.The new BNB burning…

United Kingdom-based trading platform eToro has conducted a successful trial of issuing tokenized assets on Facebook’s Libra protocol. The company confirmed the results in a blog post on June 20.According to a Github repository detailing its activities, eToroX, the firm’s recently-launched innovation and research offshoot, managed to debut its eToken on Libra.eToken is the technology…

Bitcoin.com is being led by its third CEO in three months, with the promotion of Chief Product Officer Dennis Jarvis. 1202 Total views 35 Total shares Bitcoin.com has its third CEO in three months, following the promotion of Chief Product Officer Dennis Jarvis to the top job.Founder of the crypto exchange and news site, Roger…

The largest cryptocurrency nears $53,000 on Friday in the latest bullish surge as $50,000 holds as support. 997 Total views 9 Total shares Bitcoin (BTC) hit yet another all-time high on Feb. 19 as the largest cryptocurrency set its sights on becoming a trillion-dollar asset.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnother day, another Bitcoin recordData…

Amid November’s 42% Bitcoin rally, roughly 185,600 BTC that hadn't moved in at least 12 months was transferred on-chain. 2883 Total views 4 Total shares The November BTC rally to test all-time price highs saw more than 1% of Bitcoin’s supply move out of long-term storage.According to Unchained Capital’s ‘hodlwaves’ metric, which measures the time…

While major fashion brands are going all in on the metaverse and NFTs, brands native to the Web3 space are heading back to physical reality for visibility. 424 Total views 36 Total shares Web3 fashion is subverting the narrative at New York Fashion Week (NYFW) this fall. Fashion brands native to the Web3 space will…