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Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges
20.8.2023
Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of their mining devices. This revelation comes hot on...
‘Our Country Is Going to Hell’ — Trump Warns of US Losing Global Currency Dominance
17.8.2023
The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant power, its position is “waning” concerning its currency. The Diminishing Dollar?...
Fantom DEX rescued at eleventh hour following planned shutdown
16.8.2023
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit
Coinshares CSO Meltem Demirors Says Crypto Has Increasing Political Power – Here's the Latest
15.8.2023
CoinShares Chief Strategy Officer (CSO) Meltem Demirorsas believes crypto is gaining more and more power in Washington, becoming a political powerhouse.
In a recent interview with Bloomberg, Demirorsas said crypto has evolved to become a global industry from a small niche community with different...
Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein
14.8.2023
New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said
A new survey by the Bitcoin mining council confirms power improvements
11.8.2023
The Bitcoin Mining Council recently released a new survey. The report revealed a 70% increase in the Bitcoin mining hash rate in H1 2023. Similarly, there has been a 1% growth in sustainable power within the period. The voluntary global forum for BTC mining projects released its findings based...
Bitcoin Mining Council Reveals Sustainable Growth: New Survey Sheds Light on Industry’s Power and Efficiency
10.8.2023
In a recent report, the Bitcoin Mining Council (BMC) unveiled the results of its first half of 2023 survey, highlighting the industry’s strides in electricity consumption, technological efficiency, and sustainable power. Furthermore, the survey details that the BMC accounts for 43.4% of...
Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion
10.8.2023
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...
House Financial Services Committee Advances Clarity for Payment Stablecoins Act
9.8.2023
On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stablecoins Act of 2023 would establish a federal regulatory framework for stablecoins with the U.S. Federal Reserve playing a pivotal role. The bill would...
Analyst Discusses US-BRICS Power Shift — Warns of Dollar Dominance Ending
9.8.2023
A think tank analyst says the U.S. dollar’s dominance may be coming to an end as countries position themselves for a new international system. “As the reliance on U.S. dollars diminishes, central banks will begin dumping their dollar reserves. This will result in hyperinflation, a spike...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
Bank of England will get more power in regulating stablecoins
8.8.2023
The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact
6.8.2023
In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets. Yet, as scientists have been laboring to replicate...
Unlock the Power of AI and Trading Edge with Launchpad XYZ – The Gateway to Successful Web3 Trading
4.8.2023
Trading in the crypto space is challenging, especially for novices. It's not just about understanding market trends and knowing when to make a trade, but also about managing one's emotions. An emotionally charged decision can lead to massive losses or missed opportunities. ...
Read More: Unlock...
How to use Microsoft Power BI
3.8.2023
Learn how Power BI unlocks the potential of your data and is useful for data visualization and analysis
Exploring the future of AI: The power of decentralization
2.8.2023
Although it’s still in its infancy, decentralized AI could be the answer to many technological concerns
US-China Power Struggle Extends to Crypto Battlefield: China Surges Ahead
31.7.2023
The United States and China are competing on both economic and technological fronts – and part of their rivalry includes a race to adopt crypto.
Though the eastern superpower has announced multiple bans on crypto mining and trading over the past decade, President Xi Jinping argued in 2021 that...
Eritrean President Isaias Afwerki: ‘We Need a New Financial Architecture Not Controlled by the Dollar or the Euro’
31.7.2023
Isaias Afwerki, president of Eritrea, reinforced the need for building a new economic system away from the traditional centers of power. At the second Russia-Africa Summit, Afwerki told Russian President Vladimir Putin that the current world order, on top of dollar hegemony, was printing money...
Borneo authorities seize illegal crypto miners running off stolen power
31.7.2023
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo