Conversations surrounding Bitcoin’s sustainability often touch on how much power the network consumes. But the mere fact that its power consumption is a known factor is notable, according to Canadian Bitcoin miner Hut 8’s CEO Jaime Leverton. “We see our energy use, really, as a feature of proof of work,” she said, referencing the process […]
Musk Goes Full Dogecoin, Pumping the Memecoin
The post Musk Goes Full Dogecoin, Pumping the Memecoin appeared on BitcoinEthereumNews.com. Illustration by Mitchell Preffer for Decrypt Crypto prices remained pretty frozen over the last seven days, except for Dogecoin. DOGE was undoubtedly the star of both Crypto and Twitter (and…
DCG’s Foundry Shutters Free Mining Service (Report)
The post DCG’s Foundry Shutters Free Mining Service (Report) appeared on BitcoinEthereumNews.com. The Digital Currency Group will revamp its way of mining Bitcoin amid larger funding problems due mostly in part to another subsidiary of theirs, Genesis, going bankrupt as a result…
Options trading surges as investors brace for US regional bank volatility
The post Options trading surges as investors brace for US regional bank volatility appeared on BitcoinEthereumNews.com. Investors are loading up on protection against a fresh round of financial turmoil in US regional bank stocks as lenders prepare to reveal how badly their earnings have been squeezed…
Highly Anticipated XRP vs SEC Verdict Likely by May 6 as per Legal Experts
The post Highly Anticipated XRP vs SEC Verdict Likely by May 6 as per Legal Experts appeared on BitcoinEthereumNews.com. Legal struggle against the SEC seems to have a major bearing on the value of XRP. Judge Torres may consider Ripple’s behavior an offering, as proposed by John Deaton. The…
Interest Rates Should be Above 5% for Some Time – Fed Official
The post Interest Rates Should be Above 5% for Some Time – Fed Official appeared on BitcoinEthereumNews.com. Fed Reserve Bank President says the interest rates should be above 5% for some time. The next report is scheduled on April 12, 2023, and will decide the course of…
France is demanding that Europe cuts ties with the United States – Cryptopolitan
The post France is demanding that Europe cuts ties with the United States – Cryptopolitan appeared on BitcoinEthereumNews.com. France’s President Emmanuel Macron has demanded that Europe reduces its reliance on the United States and avoids getting dragged into a confrontation between the US and China over Taiwan. The…
Here’s What Could Trigger a New Altseason, According to Macro Economist Henrik Zeberg
The post Here’s What Could Trigger a New Altseason, According to Macro Economist Henrik Zeberg appeared on BitcoinEthereumNews.com. Macro guru Henrik Zeberg believes that the crypto markets is one catalyst away from igniting a fresh altcoin season. Zeberg tells his 106,900 Twitter followers that an altseason may be…
SushiSwap Smart Contract Bug Exploited in $3.3 Million Theft
A bug introduced into SushiSwap four days ago was exploited late Saturday to drain about $3.3 million worth of Ethereum from a single user’s account. According to a Twitter post by blockchain security and data analytics company PeckShield, a wallet controlled by the victim—a prominent member of the Crypto Twitter community known as Sifu—was targeted […]
The Upcoming US “Gold Standard Restoration Act” & Bitcoin
The post The Upcoming US “Gold Standard Restoration Act” & Bitcoin appeared on BitcoinEthereumNews.com. Three US Congressmen have presented the US “Gold Standard Restoration Act,” restructuring the USD pegging system. USD is supposed to be pegged with Gold. Reviving the US Dollar from its…