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Cryptocurrency Market Overview As of September 16, the global cryptocurrency market capitalization has slightly declined to $2.03 trillion, experiencing a 24-hour dip of 0.21%. Bitcoin (BTC), the flagship cryptocurrency, remains relatively stable, trading around $58,000 early Tuesday. However, many major altcoins have faced declines, reflecting a cautious sentiment in the market. The Fear & Greed […]

Crypto exchanges have been among the most prominent hacker targets for quite a while; multi-million dollar breaches are alarmingly evermore common. Of course, as every cloud has a silver lining, it comes at a time when a Chainalysis report showed illicit crypto transactions overall declined. Still, hacking attacks increased 2.8% this year. Through mid-2024, stolen […]

A Bitcoin mining facility in Hadsel municipality, Norway has been shut down following persistent complaints that regard the issuing facility as a noise pollution, but closing the facility has increased electricity cost for local residents by 20%. Conceding 80 GWh of electricity annually, about the year’s consumption of around 3,200 households, the mining facility had […]

A Bitcoin mining center in Norway’s Hadsel municipality has closed due to continued protests over noise levels caused by the center, which led a quarter increase in electricity bills for local residents. The 80 GWh or roughly about 3,200 households’ annually used electricity usage facility had become a thorn in the side of the local […]

Agains this trend, Barclays is one of the huge strides reported to make great strides in exploring the realisation of a digital pound, in a bid to understand what use cases it holds and subsequently develop all-encompassing frameworks for its implementation across the United Kingdom. As part of an overall shift towards digital currencies capturing […]

The U.S. Commodity Futures Trading Commission, the watchdog of futures, swaps, and certain other standardized contracts, warned it had seen significant concerns over manipulation risks across prediction markets, with Kalshi – one of the leading, U.S.-based platforms of prediction markets – having caught its attention. The latest filing for a prediction market further fuels concerns […]

Circle, the issuer of the world’s most widely used USDC stablecoin, announced an historic partnership with Sony’s Block Solutions Labs to bring USDC as the primary transaction token on the brand-new Soneium blockchain. This partnership will combine bridged USDC, allowing for safe, frictionless transactions within the Soneium network, unlocking a more integrated digital economy for […]