Trump and New York governor propose shift to nuclear energy
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes.
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Shanghai Man: VeChain on TV, DOGE flips BTC, Hotbit hack, blockchain dev $$$ …
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Will DOGEmania ever stop?Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange…
Bitcoin Drops $300 in Seconds Under $10K as ‘Mild Dip’ Fills CME Gap
Bitcoin (BTC) fell below $10,000 on Feb. 10 as sudden volatility saw markets abandon five figures just a day after reaching them.Data from Coin360 and Cointelegraph Markets showed BTC/USD dipping to lows of $9,850 at press time, followed by a bounce-back up to $10,000 and subsequent fluctuation in the upper $9,900 range.Bitcoin 1-day price chart.…
Bitcoin price and energy use for mining highly correlated: UN Report
A recent study conducted by the United Nations (UN) suggested a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining operations.The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. During
‘We need to learn what regulation works and what holds us back’ — Hedge fund exec
Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3. 231 Total views 20 Total shares With more institutions joining the Web3 space, regulation has been identified as one of the trickier challenges that can either smother creativity or become a catalyst to broader adoption. In an…
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement. 1181 Total views 26 Total shares Major cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting.In a Twitter announcement on July 10, Bitfinex said that deposits were already available and that it would…
Bitcoin ETF race begins: Has institutional trust returned to crypto?
With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed amid a prolonged crypto winter…
Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost
Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated.After obtaining more than 6,000 BTC by 2017, Collins decided to insure himself against hackers by distributing the cryptocurrency across 12 newly created accounts. Thus,…
FTX used Python code to fake its insurance fund figure: Gary Wang
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange 610 Total views 7 Total shares Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events