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Bitcoin network’s carbon emission jumped 17% after China ban: Report

[ad_1] Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy... Read more »

Crypto Tops Investor Threats for US Securities Regulators

[ad_1] U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products... Read more »

With Russia cut off from SWIFT, could Bitcoin play a role in avoiding sanctions?

[ad_1] Following the invasion of Russian forces into Ukraine, several countries (i.e., the U.S. and a number of EU members) have imposed strict economic sanctions on Russia which, among other things, will... Read more »

Floor Prices for High-Value NFT Projects Are Falling

[ad_1] Key Takeaways The floor prices of high-value NFTs have declined in February. Bored Ape Yacht Club NFTs have fallen almost 30%, and CryptoPunks are down 24% over the past month. Despite... Read more »

Bitcoin fails to beat resistance as $40K stays out of reach into weekly close

[ad_1] Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row. BTC/USD 1-hour candle chart (Bitstamp). Source:... Read more »

US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect

[ad_1] The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years... Read more »

EU Commission to remove Russian banks from SWIFT cross-border network

[ad_1] The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border... Read more »

Finally, U.S. authorities indict founder of $2 billion BitConnect fraud

[ad_1] Three years after the official closure of BitConnect, an infamous crypto exchange platform, the United States authorities are still in the business of bringing the brains behind it to book for... Read more »

Despite a Shaky Ethereum, the NFT Market Is Booming

[ad_1] Key Takeaways The NFT market is soaring despite a wider downturn in the crypto market. Collections like mfers, NFT Worlds, and Edenhorde have rallied over the last few days. Several OpenSea... Read more »

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

[ad_1] Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly... Read more »