Coinbase, the prominent cryptocurrency exchange, has successfully fended off an attempt by Hong Kong-based BiT Global Digital Limited (BiT) to block the delisting of Wrapped Bitcoin (wBTC) from its platform. BiT Global lost. Today they asked the Court to order…
Bitcoin mining, often criticized for its energy consumption, is becoming a surprising ally in Europe’s energy transition. As the continent faces an energy crisis and adopts stricter regulations, bitcoin mining is proving its flexibility and utility. By helping to stabilize…
Discussions surrounding crypto-drainers, malicious software designed to drain cryptocurrency wallets, have surged by 135% on dark web forums. Discussions related to crypto-drainers on the dark web rose from 55 threads in 2022 to 129 threads in 2024, according to a…
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH Bitcoin Hashrate…
Skynet, a decentralized protocol enabling AI agents to access and pay for products and services globally, has raised $1.2 million in pre-seed funding. The round saw contributions from prominent angel investors affiliated with GitHub, Polygon, Veracode, and Monotype, the firm…
Iran has faced major power blackouts in its capital, Tehran, and neighboring provinces throughout October and November. While officials cite various causes, crypto mining has emerged as a significant contributor to the power crisis. With the lowest estimated cost of…