News

A new study included in the December 2021 edition of Resources, Conservation and Recycling, a journal curating the waste reduction pursuits of our world, states that Bitcoin mining generates more than 30,700 tonnes of electronic waste annually. According to the researchers, each Bitcoin transaction generates over 9.5oz of waste which is over 50% more than […]

On Thursday, the Nigeria-based cryptocurrency platform, Luno, announced that it has approved a solution to enable Nigerians to withdraw and deposit crypto and tokens into their bank accounts directly. This is positive news considering the fact that the country’s crypto activities were almost entirely halted by a national ban on the use of crypto in […]

Residents of Cool Valley will forever remember their current mayor if he gets to pull the funds for his proposed gift of $1000 worth of Bitcoin. His idea is for his residents to keep the coins till the value is about $500,000 per coin, so they don’t ‘regret’ selling. Cool Valley is a small city […]

The recent frequent shifts in economic data created opportunities for the Federal Reserve to announce the decision to taper assets purchase in September. This will further lead to a decrease in buying a month later.  Speaking with public officials has shown increasing support for a faster timeline than the timeline the markets have expected. Part […]

The prices for Solana and Terra SOL and LUNA tokens have gotten to an all-time high as the capitalization for the two cryptos reached $2 trillion since May. The price increase is significant since the token prices represent two projects built for the decentralized finance sectors DeFi – indicating that investors were confident about the […]

There was a slight change to Stocks on Friday afternoon as the prices were set to increase, narrowly surpassing their record high; investors tried to understand the large economic data from the earning results. The S&P 500 and Dow were among those that set the intraday highs from Thursday’s record, which made it post profits […]

This week, a 27-year-old man Afek Zard got an 8-year sentence at the Beer Sheva district court for crypto theft, Israeli news reported. The culprit stole about 75,000 DASH, which is estimated to be 22 million Israeli shekels at the time it was stolen. But the current value of the coin is almost twice as […]

The U.S economy has received an all-time high job opening; reaching 10 million openings in June. This is the update from the Labor Department on Monday. This number is the highest record since the recent recovery from the coronavirus shutdown in August 2020. The month of May had a record of 9.2 million openings, but […]

Just after four months of being in charge of the Binance US platform, Brian Brooks calls it quits sending a shock wave to the world largest crypto exchange. Many thought his Twitter account had been hacked when he tweeted his resignation on Friday, but he confirmed in a mail to CoinDesk that his account was […]