Blockchain

A new study published Tuesday by the Cambridge Center for Alternative Finance (CCAF) shows that almost 62% of Bitcoin’s total energy consumption since January 2022 was generated from fossil fuels. This means renewable sources only amounted to 38% of the total energy consumed by BTC miners this year.  As a Proof-of-Work (PoW) blockchain, processing and validating BTC transactions (mining) requires high computational power and solving mathematical puzzles with powerful...

[PRESS RELEASE – Please Read Disclaimer] The gateway of the Metaverse has opened! Unmissable films, classic shows, music beats, crowd-funded movies, metaverse creations, virtual living celebrities, alien animals, and more are now digital assets in the form of EVT (encrypted variable tokens). This new asset class items are readily available to be purchased, swapped, downloaded for keepsake, and interacted with via the world’s premiere EVT entertainment asset app called WAVE....

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Crypto.ro managed to film for 60 minutes in front of the New York Stock Exchange on Wall Street. The Romanian team from Crypto.ro filmed near the famous Bull in front of the New York Stock Exchange, content for the Crypto.ro Academy, a financial education project in the crypto field that will be launched on October 11. The platform, which will be available in Romanian and English, will be accessible anytime, anywhere and will provide detailed information about...

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Some blockchain projects have to deal with hackers, and others, like Alcala, have to deal with their own developers. A “human error” a few weeks ago almost killed the whole project. Still, thanks to the mutual effort of the community and the developers, the problem has been solved —kind of. On September 26, Acala network announced the reactivation of its operations after having recovered $2.970 million in aUSD of the $3.022 million its teammistakenly printed in August. The...

Gavin Newsom – Governor of California – refused to sign legislation that would have required cryptocurrency firms and individuals in the state to gain a certain license to operate in the area. Instead, he argued that the authorities should impose more flexible rules to “keep up with rapidly evolving technology and use cases” of digital assets. Earlier this year, Governor Newsom issued an executive order on cryptocurrencies, aiming to establish a bridge between California...

A hacker managed to get away with 732 ETH worth around $950,000 from a crypto wallet. Interestingly, blockchain security firm PeckShield revealed that the theft was carried out via the same vanity address hack connected to the UK-based crypto market maker Wintermute. On-chain data suggested that the hacker moved the stolen funds to the OFAC-sanctioned crypto mixing tumbler Tornado Cash. The latest exploit comes days after decentralized finance aggregator 1inc first discovered...

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