Author: e_cash_top

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[ad_1] The Cambridge Centre for Alternative Finance (CCAF), which tracks the electricity consumption of Bitcoin (BTC) mining, added the sources of energy in a major update on Sept. 27. According to the data, the sustainable electricity mix in bitcoin mining declined by 13% in 2021, compared to 2020. Electricity from natural gas and nuclear energy…

Polkadot looks to 10x transaction speed in new updates

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[ad_1] Polkadot (DOT) announced new updates to its roadmap, including the asynchronous backing optimization that will increase its transaction speed by at least 10x. In a Sept. 26 blog post, Polkadot stated that it has been working to improve the network’s parachain scalability, relay-chain governance, cross-chain communication, and parachain development. Asynchronous backing The asynchronous backing will…

Bitcoin retakes $20,000 fueling speculation of bull market return

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in Uncategorized

[ad_1] Having broken through $19,300 resistance at the fourth time of asking, Bitcoin moved higher during the early hours of Tuesday (UTC) to peak at $20,400. Bull exhaustion sees the $20,170 level providing support in the meantime. However, the significant gains over the past 24 hours have renewed calls for an end to the bear…

California issues cease, refrain order to Nexo over offering clients an Earn Interest Product

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[ad_1] Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the U.S., Nexo violated securities law by offering their residents interest-bearing crypto accounts. California issues cease and refrain order California’s Department of Financial Protection…

Anonymous accuses BAYC of trolling with esoteric symbolism, pushing ‘accelerationism’ agenda

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[ad_1] Decentralized activist group Anonymous has released a new video detailing their investigation — which began Aug. 14 — into the use of esoteric imagery in the Bored Ape Yacht Club (BAYC) NFT collection. In its latest video, the group stated that “without a shadow of doubt,” both BAYC and Yuga Labs are complicit in…

LUNA’s Do Kwon says he is not in hiding after Interpol issues red warrant; Miners abandoning POW tokens

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[ad_1] The biggest news in the cryptosphere for Sept. 26 includes Interpol’s red warrant requesting law enforcement worldwide to locate and arrest Do Kwon, news of the upcoming ATOM 2.0 update, and crypto miners leaving PoW tokens after the Ethereum Merge. CryptoSlate Top Stories Interpol issues worldwide arrest warrant for Do Kwon After releasing an…

Osmosis co-founder reveals cross staking through mesh security in chainmail armor at Cosmoverse

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in Uncategorized

[ad_1] Osmosis founder Sunny Aggarwal took to the Comosverse stage in Medellin on Sept. 26 to speak not about Omosis but mesh security systems. Aggarwal opened his talk in a 40lb suit of chainmail armor, which he “lugged across two continents… for a one-line joke.” Given the party atmosphere that had already been seen at…

How low can Bitcoin price go?

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in Uncategorized

[ad_1] Flagship digital asset Bitcoin (BTC) has had a rough year, falling 72% from its all-time high and losing more than 50% of its value this year alone. On several occasions, the asset has seen its value plunge below the $20,000 mark. During the thick of the bear run, BTC fell below a previous cycle’s…

Australian central bank issues whitepaper for pilot of permissioned CBDC, eAUD

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[ad_1] The Reserve Bank of Australia (RBA) published a whitepaper for its pilot central bank digital currency (CBDC) on Sept. 26, entering the league of countries exploring CBDCs. According to the Atlantic Council CBDC tracker, Australia is among 97 countries that have either launched their CBDCs or are currently engaged in research and development and…

Former IMF official believes CBDCs need to function offline to gain mass adoption

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