Bitcoin mines—massive computing clusters generating cryptocurrency tokens—consume vast amounts of electricity. The amount of fine particle (PM2.5) air pollution created because of their electricity consumption and its effect on environmental health is pending. In this study, we located the 34 largest mines in the United States in 2022, identified the electricity-generating plants that responded to them, and pinpointed communities most harmed by Bitcoin mine-attributable air pollution. From mid-2022 to mid-2023, the 34 mines consumed 32.3 terawatt-hours of electricity—33% more than Los Angeles—85% of which came from fossil fuels. We estimated that 1.9 million Americans were exposed to ≥0.1 μg/m3 of additional PM2.5 pollution from Bitcoin mines, often hundreds of miles away from the communities they affected. Americans living in four regions—including New York City and near Houston—were exposed to the highest Bitcoin mine-attributable PM2.5 concentrations (≥0.5 μg/m3) with the greatest h
I had always kept my crypto and tokens in a local exchange called Nobitex but I heard that it is not the safest and best way of storing. So may I ask you, where have you had experienced storing your assets? if you ever migrated from one place to another, what was unsatisfying about your previous storage? where are you now?
Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.
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he said in a post on Truth Social.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” the post said. “I will make sure the U.S. is the Crypto Capital of the World.”
“And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve,” he said in a follow-up post. “I also love Bitcoin and Ethereum!”
Recently, the exchange Bybit suffered an attack that resulted in the loss of over $1.5 billion from a supposedly "cold" wallet. This incident highlights a larger issue: the complexity of the Ethereum blockchain, which can make even the most cautious institutions vulnerable to unforeseen attacks. Read more....
Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.
This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.
The Dubai-based crypto exchange confirmed a sophisticated breach of its Ethereum cold wallet, with North Korea's Lazarus Group identified as the culprit.
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I'm not a crypto guy but the ceo says, "Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss"
Roger Ver is currently facing politically motivated persecution after publishing 'Hijacking Bitcoin' and speaking out about the subversion of the Bitcoin project.
Think Solana is the future of crypto? Think again! While it’s buzzing in the top 5 blockchains, there’s a hidden truth most wo...
Sharing my vision of the emerging digital landscape and how we can successfully navigate the digital transformation of AI & blockchain.
Fiendish & Friends #10 - Noel Lovisa Founder & CEO of Code Valley talks Emergent Coding, a decentralised software development paradigm that sets to industrialise the way the world approaches software creation.
DOJ receives court approval to proceed with the $6.5B Silk Road Bitcoin sale despite ownership objections and volatility concerns.
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The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash's ownership. On December 30, a federal judge ruled in favor of the DOJ's request to liquidate the crypto assets, the report said. Battle Born Investments, which had asserted a claim to the Bitcoin stash through a bankruptcy estate, ultimately failed in its bid to delay the sale.
As noted, the group had pursued a Freedom of Information Act (FOIA) request seeking the identity of "Individual X," who initially surrendered Bitcoin, but the effort also proved unsuccessful. Battle Born's legal counsel criticized the DOJ's handling of the case, alleging the department employed "procedural trickery" in its use of civil asset forfeiture to avo
Bitcoin Cash is quickly becoming the go to chain where DeFi apps are being deployed since builders know they will not run into scaling issues which can threaten the growth of their apps.