Crypto News

Bitcoin Mining Could Transform Energy Industry

Bitcoin Mining Could Transform Energy Industry

A recent Arcan report says Bitcoin mining could revolutionize the energy industry and help us heat our homes. According to the Arcan report, bitcoin mining has a potential that is still not fully exploited. Concerns about bitcoin's excessive power consumption prevent its mass adoption, while it is mining that can solve real problems in the energy sector. The report says that bitcoin mining can play a role...

Cryptocurrency BabyDoge May Appear On The Binance Exchange

Cryptocurrency BabyDoge May Appear On The Binance Exchange

Social media users began to vigorously discuss the possibility of listing the Baby DogeCoin (BabyDoge) cryptocurrency on the world's largest crypto exchange Binance (Binance). Some users began to claim that this issue has already been resolved and the startup team has an agreement with the authorities of the trading platform. However, the project management refused to...

Binance Identified Hackers Who Robbed KyberSwap

Binance Identified Hackers Who Robbed KyberSwap

Binance Exchange Reveals Addresses That Hacked KyberSwap They handed over the results of the investigation to the police and the protocol itself. For the fight against hackers, the exchange is already called Interpol in the world of crypto The Binance security team has identified the addresses involved in the KyberSwap hack. Recall that the robbery happened...

Elon Musk Commented On The Video About The Crypt In South Korea

Elon Musk Commented On The Video About The Crypt In South Korea

On Saturday, September 3, 2022, South Korean media reported that a video with Elon Musk about cryptocurrencies was shown on the South Korean government channel on the YouTube video platform. Later it became known that 4 hours after the appearance of the video, access to the state account was restored. The billionaire himself admitted a day later...

DEX Exchange dydx Is At The Center Of A Scandal Due To The Bonus KYC Program

DEX Exchange dydx Is At The Center Of A Scandal Due To The Bonus KYC Program

Decentralized cryptocurrency exchange dYdX was criticized for a new bonus program requiring you to send a selfie Decentralized crypto exchange dYdX was at the center of a scandal due to a new promotion, the condition of which was to send a selfie. As part of the bonus program, which, at the time of writing, was already closed, the exchange offered...

Solana Found A Way To Overcome Network Outages

Solana Found A Way To Overcome Network Outages

Since the beginning of this year, Solana has often suffered from network outages for various reasons, which negatively affected the overall image of the ecosystem. The Solana Foundation aims to improve network stability and throughput with a new open-source validator client developed by Jump Crypto. The August 16 press release states that Jump Crypto will create a validator in...

Bitcoin Rises Amid Slowing Inflation In The US

Bitcoin Rises Amid Slowing Inflation In The US

The cost of bitcoin rose to 24 thousand dollars against the backdrop of the publication of data on a slowdown in inflation in the United States. Data from CoinMarketCap Over the past 24 hours on the Binance exchange, Bitcoin has peaked at $24.01k, up 3.6%. After the data's publication, bitcoin's price was $24,126, up 3.12%, according to CoinMarketCap. Earlier...

Uniswap Labs Proposes $74m Ecosystem Development Fund

Uniswap Labs Proposes $74m Ecosystem Development Fund

Uniswap Labs proposes to create a non-profit foundation  He will support projects aimed at developing the ecosystem The estimated budget is $74 million Some members of the community thought the figure was too high. On Thursday, August 4, the Uniswap Labs team came up with a proposal to create a non-profit foundation. He will support developers and projects...

Texas Genius Launched Tvl Solana Into Space, Creating 11 Personalities And A Fake $7.5 Billion

Texas Genius Launched Tvl Solana Into Space, Creating 11 Personalities And A Fake $7.5 Billion

Saber founder created 11 fake identities to run interconnected protocols on the Solana network. Fictional developers behind Cashio, Sunny Aggregator, TribecaDAO, and other platforms A convoluted scheme allowed Ian Macalinao to inflate TVL Solana by $7.5 billion. As part of a new investigation, it was revealed that the developers of the Saber protocol were responsible...