Bitcoin mining can help reduce up to 8% of global emissions: Report

The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions. News Join us on social networks A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition.  IRM Energy and Renewables Group members Dylan Campbell …

Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. News Join us on social networks Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining …

FTX opens lawsuit against former employees of Hong Kong affiliate

Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million. News Join us on social networks Defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of the Hong Kong-incorporated company Salameda, which was previously affiliated with the FTX group, …

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. News Join us on social networks The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX …

DeFi Platform Linear Finance In Crisis As LUSD Stablecoin Tanks To Zero After Exploit

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Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data

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Federal Reserve trails global counterparts in balance sheet reductions, data reveals

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Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes

The growing intersection of Bitcoin and the energy industry is unveiling various unexpected opportunities that could potentially facilitate global energy transition, according to a report by Dylan Campbell and Alexander Larsen of IRM Energy and Renewables Group (SIG). The authors of the new paper entitled “Bitcoin and the Energy Transition: From Risk to Opportunity” argue …

SEC Lawsuit ‘A Year Too Late’ Binance Claims As It Seeks To Dismiss

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Bitcoin Facing an ‘800-Pound Gorilla’ Downside Risk, Says Bloomberg Analyst Mike McGlone – Here Are His Targets

Bloomberg Intelligence’s senior macro strategist Mike McGlone is issuing a warning on the value of Bitcoin (BTC). In a new Understanding Macro interview, McGlone says that Bitcoin is now facing a monetary policy environment of rising interest rates after coming of age in an era of historically low-interest rates. According to the macro analyst, the …

Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period. Markets News Join us on social networks Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. As time marches on, the likelihood of Argentina …

Poland probing OpenAI, ChatGPT following GDPR complaint

Poland’s data protection watchdog has confirmed it has opened an investigation into OpenAI over a complaint it received from an applicant. News Join us on social networks Poland’s Personal Data Protection Office (UODO) has opened an investigation into a complaint against OpenAI’s ChatGPT, with an unnamed applicant accusing the firm of processing data in an …

Wall Street Sees Blockchain Technology as a Game-Changer

HodlX Guest Post  Submit Your Post   Wall Street is placing a lot of hope on blockchain technology to streamline asset trading. Analysts predict that $5 trillion worth of assets could be tokenized on blockchains by 2030. However, stringent market regulations and the SEC’s reputation for being leery of cryptocurrencies could put a brake on the …

Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

Experts remain divided on when the next bull market is set to kick off, but they all agree on one thing: the next big rally won’t look like the last one. News Join us on social networks The next crypto bull run will look nothing like the last one and investors should tame their expectations …

Nic Carter doubles down on theory Bitcoin was invented by NSA

The decades old ‘NSA created Bitcoin’ theory has again made the rounds on social media, with one Bitcoin advocate adding more weight to his ongoing theory. News Join us on social networks Bitcoin advocate Nic Carter has come out to reiterate his support for the theory that the United States National Security Agency (NSA) had …

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