Energy Department in US Investigates Bitcoin Mining Energy Usage
The survey was preceded by an “emergency collection of data request.”A six-month energy consumption evaluation of selected U.S.-based miners will start this week. Bitcoin mining is being examined more closely…
80% of Comments on Major Project Tweets Revealed as Phishing Scams.
SlowMist’s investigation uncovered a troubling revelation of widespread theft driven by phishing tweets. The SlowMist Security team revealed receiving numerous reports of theft. Upon investigation, they found that a significant…
Bitcoin Will be Very Scarce More Than Gold As Price Predicted To Be $500K Per BTC.
The scarcity of Bitcoin is about to increase with the halving in April. This has spurred analysts into BTC price prediction mode with some big figures being bandied about.Over the…
$39 Million Stolen in DeFi by Furious Hackers.
Malicious actors employ methods like smart contract hacks, key compromises to exploit DeFi protocols. According to a recent report by Quantstamp, a DeFi security startup, a staggering $38.9 million has…
Bitcoin Fellowship Program Launched By Btrust Builders in Africa.
Btrust Builders’ fellowship is a pivotal step in African Bitcoin development. The three-month duration of the program raises questions about its sufficiency. Btrust’s acquisition of Qala underscores a commitment to…
Bitcoin Java Cards Could Help Africa Banks Make Billions.
Over the last month, with most of the global bitcoin news cycle bandwidth flooded with ETF news, Bitcoin developers continue doubling down their focus on bringing freedom money to billions.…
Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators
The Central Bank of Nigeria announced on Jan. 31 that it had removed caps on naira payout rates that international money transfer operators are allowed to quote. The central bank…
UAE’s Central Bank Initiates Historic Cross-Border Digital Dirham Transfer to China.
The transfer was sent via mBridge, a cross-border project introduced in 2021 by China, Hong Kong, Thailand, UAE in partnership with BIS.On January 29, Sheikh Mansour Bin Zayed Al Nahyan,…
Some Reasons China Should Revert Bitcoin Ban.
China’s infamous blanket ban on Bitcoin should come to a halt. Here’s why. China’s economy grew 5.2% in 2023, but its stock market took a 10% tumble for the year.…
‘Crypto King’ Partner Sentenced to 5 Months in Prison for Contempt of Court
Colin Murphy failed to comply with a search warrant against him last year related to a six-figure crypto investment fraud.Colin Murphy – an associate of Canada’s notorious “Crypto King” Aiden…