Science and technology, explained simply
On average, each bitcoin transaction consumes as much water as a small swimming pool. This is stated in a study by the Free University of Amsterdam, BBC reports. According to scientist Alex de Vries, this is about 6 million times more than when using a regular credit card. According to the study, bitcoin consumed almost […]
Ukrainian fintech startup Weld Money has launched the second stage of testing its new mobile application. As part of this stage, the company is distributing 1 million WELD crypto tokens to Ukrainians participating in the test. Participants will be rewarded for each bug they find in the new app. Those who apply by November 30, […]
In October, the value of the cryptocurrency bitcoin increased by 27%. According to Bloomberg, this is the highest yield since January. According to the forecast of Bernstein analyst Gautam Chugani, the value of the main virtual currency will reach USD 150,000 by 2025. In his opinion, applications for launching a bitcoin ETF will be approved […]
The largest cryptocurrency, bitcoin, has risen in price by more than 11% over the past day and briefly reached $35,000 for the first time since 2022. Over the past week, its rate has risen by about 20%. Bloomberg cites expectations that the US will soon approve the launch of spot cryptocurrency ETFs, exchange-traded funds whose […]
The meme cryptocurrency Dogecoin was created with Elon Musk’s money. Coingape journalists found a mention of this in an excerpt from the billionaire’s biography published by the WSJ. The author of the businessman’s biography is V. Isaacson. Musk’s connection to the Dogecoin project came from his brother. The billionaire discussed with Kimball Musk the idea […]
Mastercard and Visa have decided to suspend their cooperation with Binance, a major cryptocurrency exchange that is facing problems due to international regulations. Companies obviously want to distance themselves from cryptocurrency markets. This was reported by Bloomberg. Starting in July, Viza stopped issuing new joint cards with Binance in Europe. Mastercard will also terminate all […]
Binance, the world’s largest crypto exchange, announced its withdrawal from the Netherlands in June this year after an unsuccessful attempt to obtain regulatory approval, Coindesk reports. According to information published by Coinmerce on Thursday, Binance is now referring its Dutch customers to a competitor, the Coinmerce crypto exchange. Residents of the Netherlands can no longer […]
The Dogecoin cryptocurrency has risen in price after American billionaire Elon Musk replaced the Twitter logo with the Dogecoin mascot. The price increased by a quarter. The image of a Shiba Inu dog named Kabosu, which has become a meme, is present on the service’s loading screen. After the dog, which embodies the Doge meme, […]
Bitcoin (BTC)’s efforts to break out of so-called ‘Bitcoin May Fall Below $12,000 – Bears Gain Technical Advantage Amid FTX Liquidity Crisis’ have failed following a high-profile liquidity crisis affecting FTX. As a result, the flagship cryptocurrency has adjusted to near its two-year low, and ‘Bitcoin bulls may fall below $12,000 – bears have gained […]
Members of the European Union should be ready to completely block cryptocurrency mining. This is stated in the statement of the European Commission. The EU is also developing an energy efficiency label for blockchains. The reason for this decision is the preparation of the European region for winter with a number of uncertain circumstances. The […]