Vega Protocol retires chain and token after near unanimous vote

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…

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 270 Total views 22 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly…

Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto.As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can stay stable for four days without professional investor involvement.So far, the picture has not favored bulls —…

Last month’s assault on the global economy and Bitcoin’s (BTC) subsequent crash — the worst in seven years — have been the object of much discussion, with critics questioning the leading cryptocurrency’s potential as a safe haven asset.Plenty has been written as well around why Bitcoin plummeted as dramatically the way it did. Generally, analysts…

The total fees paid for on-chain Bitcoin transactions over the last 24 hours increased by over 50% today. 1316 Total views 46 Total shares The total fees paid for on-chain Bitcoin (BTC) transactions over the last 24 hours increased over 50% since yesterday.On-chain data analytics service, Glassnode, pointed out several major developments shown by Bitcoin’s…

With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. 591 Total views 3 Total shares Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the…

Last week was marked by reinvigorated discussion on crypto 401(k) among high-profile US policymakers. 273 Total views 2 Total shares Retirement plans still largely remain at the periphery of both crypto adoption and the regulatory discussion. But last week, a major development emerged in this department. United States Senators Elizabeth Warren of Massachusetts and Tina…

Before the June 7 price decline, Bitcoin's volatility over the previous 15-day period sat within "the bottom 6% of occurrences."

Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers are showing increased interest. For example, Google Cloud recently became a network block…