The International Monetary Fund (IMF) reports that crypto mining and data centres together account for 2% of global electricity. This figure is expected to rise to 3.5% within the next three years, raising concerns about the environmental impact of these energy-intensive industries. Increasing the electricity tax by 85% could in turn force the industry to […]
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Category: Cryptocurrencies
Could Solana Price Reach $500? Analysts Predict a Major Rally Ahead
The Solana price has risen by 1% in the past 24 hours, touching $144 as the crypto market as a whole dips by 1%.
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Institutional Interest in Bitcoin Wanes as Market Caution Grows; Minting Ratio Drops to $1.4B
Institutional interest in Bitcoin is slipping, with the minting ratio plunging from $2.7B to $1.4B, signaling growing market caution.
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Dubai Court Rules in Favor of Salaries Payment in Crypto
Dubai’s Court of First Instance has ruled that cryptocurrency is a valid form of salary payment, indicating a progressive shift in the UAE’s legal stance on digital currencies.
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Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion
Singapore-based cryptocurrency mining company Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.
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XRP: A Once-in-a-Lifetime Chance? Pundit Says Buy Now Before It’s Too Late
The price of XRP has gained by 1% today, rising to $0.5699 as the crypto market as a w
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Bitcoin Funding Rates Plummet on Binance as Short Positions Dominate Market
Bitcoin funding rates on Binance have dropped to their lowest levels of the year, reflecting a marked shift in market sentiment.
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Cooper Scanlon, Co-Founder of Movement Labs, on Utilizing Web3 and Move Language to Create Your Own Change | Ep. 361
Movement Labs’ Cooper Scanlon discusses the benefits and potential of the Move programming language, Web3 creating opportunities for each individual and project, his first successes in this industry, putting all his chips into it, and its possible future.
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Immutable Integrates With Fireblocks to ‘Revolutionize’ Treasury Management for Game Developers
The Immutable-Fireblocks partnership aims to reshape treasury management for games, builders, DeFi protocols, NFT projects, and ecosystem partners on Immutable zkEVM.
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Vitalik Buterin Donates Animal-Themed Meme coins to Charity
Ethereum co-founder Vitalik Buterin recently sold 40 ETH worth of Neirodog tokens (approximately $533K) and donated the proceeds to charity, adding to his good reputation of using cryptocurrency to support humanitarian causes.
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