Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds
On January 18, 2022 the Bitcoin Mining Council (BMC) released results from their Q4 2021 mining sector survey, which focused on three metrics: electricity consumption, sustainable power mix, and technological efficiency. According to the BMC, they were able to gather sustainable energy information from 46% of the global bitcoin mining
On Thursday the Central Bank of Russia issued a 36-page proposal for a complete ban on the use and mining of cryptocurrencies on Russian territory. Citing threats to financial stability, citizens' wellbeing, and sovereignty over their own monetary policy, the bank proposed that Russia create mechanisms to block transactions
News • Bitcoin • Jan 20, 2022On Thursday the Central Bank of Russia issued a 36-page proposal for a complete ban on the use and mining of cryptocurrencies on Russian territory. Citing threats to financial stability, citizens' wellbeing, and sovereignty over their own monetary policy, the bank proposed that Russia create mechanisms to block transactions
News • Bitcoin • Jan 20, 2022Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds
News • Bitcoin • Jan 20, 2022On January 18, 2022 the Bitcoin Mining Council (BMC) released results from their Q4 2021 mining sector survey, which focused on three metrics: electricity consumption, sustainable power mix, and technological efficiency. According to the BMC, they were able to gather sustainable energy information from 46% of the global bitcoin mining
News • Bitcoin • Jan 20, 2022On January 13th, 2022, San Diego State University (SDSU) announced that they will be accepting Bitcoin donations from alumni and patrons. After receiving the first donation of 0.5 BTC in October of 2021, the university created the Montezuma & Satoshi Cryptocurrency Endowment. One of the more publicized Bitcoin donations
News • Bitcoin • Jan 19, 2022EU regulators have recently raised the question of whether or not bitcoin mining should be banned in Europe. Bitcoin’s proof of work protocol was one of the primary drivers behind the discussion as some believe it may pose a threat to the continent’s goals of supporting climate change.
News • Bitcoin • Jan 19, 2022The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases. The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the
News • Bitcoin • Jan 19, 2022Bitcoin rewards for Fold App cardholders just got a bit more exciting with the recent rollout of next day funding. Fold App users now have the ability to spend more quickly and earn more bitcoin rewards for items they already buy on a day-to-day basis. Fold App first announced development
News • Bitcoin • Jan 19, 2022This innovative launch will allow customers to use their bitcoin to fund their US real estate purchases via a low-interest, 30-year bitcoin mortgage.. Milo joins bitcoin savings and loans company Ledn in being amongst the first companies to offer bitcoin backed mortgages. The company made the announcement via a press
News • Bitcoin • Jan 18, 2022