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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
23.10.2021
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms...
Altcoins take the next leg up as the total crypto market cap tops $2.63 trillion
20.10.2021
TRAC, KDA and CTSI booked double-digit gains after BTC hit a new all-time high and the total crypto market cap hit $2.63 trillion
This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4
18.10.2021
The upside outlook appears as ETH price eyes a breakout above its five-month-old resistance trendline
ShapeShift hopes to create 'rarest and most historical' NFTs with 80% trading card supply burn
15.10.2021
According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give 16 to its DAO
Bitcoin gets green light for price discovery with 'almost no supply' on exchanges above $59K
15.10.2021
Resistance is thinner than ever, while data leaves the market guessing about what will happen when Bitcoin revisits $64,500 all-time highs
Canadian city plans to supply residents’ heat using Bitcoin mining
14.10.2021
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000
Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors
13.10.2021
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
12.10.2021
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can be real, emphasizing that governments are going to regulate the industry. Bitcoin...
‘Big Short’ Investor Michael Burry Criticizes Shiba Inu Crypto After SHIB Soars 230% — Says It’s ‘Pointless’
11.10.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, thinks the dogecoin rival shiba inu token (SHIB) is “pointless,” criticizing its supply. The cryptocurrency skyrocketed 230% over the past week. Michael Burry Shares His View on Shiba Inu Token Famous...
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...
3 factors that can send Ethereum price to 100% gains in Q4
1.10.2021
The three bullish indicators converge as Ethereum's native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level
Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation
30.9.2021
The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade
Compound supply bug mistakenly rewarded users with $70M in tokens
30.9.2021
It is expected that the total figure of tokens could rise to north of $85 million
DeversiFi Explains What Caused the USD 23M Transaction Fee on Ethereum
29.9.2021
coinciding with gas fee changes associated with the EIP-1559 upgrade in some circumstances can lead to transactions with extremely high fees.”
US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally
29.9.2021
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well...
US Utility Mines Bitcoin To Balance Electricity Supply
24.9.2021
y demand and supply as more renewable energy continues to come online.An increased use of BTC mining by utilities for grid balancing could help mend Bitcoin’s reputation as a fossil fuel-hungry asset that boosts the world’s carbon footprint, a factor that triggered
Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K
23.9.2021
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH
SushiSwap's MISO Suffers USD 3M Attack, Contract Thefts May Rise
17.9.2021
en attacked. Per his words, this was a supply chain attack, with an anonymous contractor, who’s using the GitHub handle ‘AristoK3’, injecting a malicious code into Miso’s front-end.As for the identity behind this handle, Delong said that they “have reason to believe” it’s the Twitter user ‘er
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
17.9.2021
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It's the second time this year and the price went vertical last time