According to data from the Bitcoin Energy and Emissions Sustainability Tracker (BEEST) model, Bitcoin mining ranks as the highest user of sustainable energy (52.6%) among various industries. The banking sector follows closely behind with 39.2% clean energy usage, while the gold industry ranks…
New Zealand-based ethical travel company, We Are Bamboo, used customer funds from prepaid trips for active crypto trading, resulting in the company’s bankruptcy and leaving customers without refunds. Approximately $2 million in customer funds were traded over two years, leading to a complete…
Cryptocurrency conglomerate FTX has announced that it has recovered $7 billion of the $8.7 billion debt owed to its creditors. The new management team, led by CEO John J. Ray, has been working tirelessly to restore financial stability following FTX’s declaration of bankruptcy…
XRP’s recent performance has drawn attention, particularly regarding the critical resistance level at $0.4850. Crypto expert Michaël van de Poppe suggests that flipping this level could trigger potential long positions and lead to a bullish surge. Despite mixed performance, XRP maintains a solid…
Circle, a prominent crypto company, has been closely observing the emerging cryptocurrency markets in Asia, particularly in Hong Kong. The company is particularly interested in staying updated on the regulatory developments in these markets. By monitoring the crypto landscape in this region, Circle…
Many believe that this is the last chance to buy Bitcoin at a lower price, as it is unlikely to reach the $20,000 mark again. Factors supporting this prediction include the interest from influential U.S. investment groups like BlackRock and Fidelity, the launch…
Milomir Desnica, a citizen of Croatia and Serbia, has been indicted by a grand jury in the District of Columbia for his alleged involvement in running the illegal darknet marketplace called Monopoly Market. The marketplace, which allowed the sale of drugs and prescription…
The integration of AI and blockchain is seen as the next frontier in technological innovation. Cryptocurrency platforms are leveraging OpenAI’s ChatGPT to revolutionize their operations and enhance user experiences. In the fast-paced digital world, the fusion of AI and blockchain is creating groundbreaking…
Chibi Finance, a DeFi project on Arbitrum’s Layer 2 network, has been accused of conducting a “rug pull” and making off with approximately $1 million in user deposits. Security analysts at PeckShield discovered that 555 ether (ETH) was drained from the platform’s liquidity…