Renewables uptake: Bitcoin the problem or solution?
There is more to transitioning to renewable energy than one might expect, and in Australia, one Bitcoin mining company says the industry can play a role.
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Bitcoin avoids European ban as lawmakers decline to outlaw ‘proof of work’
Top blockchain and crypto news: PoW spared as Europe revamps MiCA rules. Yuga Labs acquires CryptoPunks rights. China’s Mango TV makes NFT debut.
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China lashes out at crypto fraud on World Consumer Rights Day
No more Burger King, Nike and Muji. This year’s annual focus on marketplace abuse names and shames crypto scams.
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Bitcoin wakes up to pass $40,000 before going back to sleep
Bitcoin, the largest cryptocurrency by market capitalization, crossed the US$40,000-mark on Wednesday morning Asia time after a sudden surge before returning to its pre-surge price in less than two hours. See related article: Bitcoin leads market-wide downturn as Russia fears rise Fast facts Bitcoin’s price has remained steady for the past five days, and its…
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Terra founder bets millions on LUNA’s annual growth
Terraform Labs CEO and founder Do Kwon has accepted bets worth millions of dollars on Terra’s cryptocurrency LUNA trading higher than US$88 in a year’s time, which was the price of the token at the time of the bet. See related article: Is Terra — whose LUNA coin is now at another all-time high —…
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Ex-Kazakh president’s brother busted for illegal crypto mining
Former Kazakhstan president Nursultan Nazarbayev’s brother Bolat Nazarbayev was among 106 illegal cryptocurrency miners to halt operations in the government’s latest round of inspections, the Financial Monitoring Agency announced on Tuesday. See related article: Kazakhstan busts 13 illegal Bitcoin mining farms amid power concerns Fast facts See related article: Crypto mining’s Great Migration continues —…
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Crypto is playing a prominent role in the Ukraine War — on both sides of the conflict
Amid Russia’s invasion of Ukraine, two divergent narratives about crypto are being told, writes Alex Tapscott. Which version is correct?
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ConsenSys raises $450M in Series D, raises valuation to $7B
Ethereum software developer ConsenSys announced on Tuesday it has raised US$450 million in Series D funding, bringing its valuation to US$7 billion. See related article: New Cosmos, Mastercard projects to boost Ethereum scalability Fast facts The latest funding round was led by ParaFi Capital, with investors including Temasek, SoftBank Vision Fund 2 and Microsoft. The…
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Which altcoins will take center stage in 2022?
Investors believe Bitcoin will stand its ground this year but in the altcoins world, some rising stars are brimming with potential.