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Bitcoin price fails to hold $20K again, but there is a silver lining
Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100. …
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Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions – Mining Bitcoin…
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per…
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WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle…
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30…
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DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by…
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More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation…
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s…
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Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35% – Bitcoin…
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive…
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1M Aussies will enter crypto over the next 12 months — Swyftx survey
Approximately one million Australians will purchase cryptocurrency for the first time over the next 12 months — bringing total crypto ownership in the country to over five million — according to a newly released survey.The findings came…
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Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspected
UK-based crypto market maker Wintermute suffered a loss of approximately $160 million.
In a series of tweets, the company’s founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations…
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The European Union is stifling stablecoin adoption
The digital asset landscape in the European Union is evolving ahead of the passage of the Markets in Crypto-Assets (MiCA) regulation framework that aims to instill regulatory clarity around crypto assets. While well-intentioned, the…
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Crypto Wallet Provider Looks to Turn Philippines Resort Boracay into ‘Bitcoin Island’
People can now pay for homemade food from roadside restaurants known as ‘carinderias’ using bitcoin in Boracay, the Philippines island famed for its white sands and palm trees.
The small resort town in the central Philippines, along the…
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