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Crypto Twitter Rebukes BBC “Swimming Pool” FUD About Bitcoin’s Energy Use

Bitcoiners are blasting the British Broadcasting Corporation (BBC) following the outlet’s recent article discussing the blockchain network’s energy consumption. The public broadcaster cited a study claiming that every Bitcoin transaction consumes “a back yard swimming pool” worth of water, though critics say that the claim is based on “junk science.” Does Bitcoin Use Too Much Water? As published on Wednesday, the BBC’s article claimed that Bitcoin’s water consumption relates...

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KuCoin Ventures Partners with TON through $20,000 Grant

TON is set to receive a $20,000 grant from KuCoin’s investment arm to support the exchange’s efforts at building GameFi and payment-based mini apps. KuCoin Ventures, the investment arm of Seychelles-based crypto exchange KuCoin, has announced a partnership with The Open Network (TON) Foundation. The exchange platform’s investment arm plans to award a grant of $20,000 to help fortify and expand the TON ecosystem. This collaboration signals a significant milestone in encouraging...

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TMNG Tokens Successfully Listed on MEXC Crypto Exchange

[PRESS RELEASE – Zug, Switzerland, December 1st, 2023] TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space. EREA World AG partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called TMNG, which stands for Technology Metal Network Global. EMH AG is the MARKET LEADER for...

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Court Rejects Appeal to Dismiss Class Action Suit against Terraform Labs and Do Kwon

The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.  A federal court in Singapore has denied an appeal to dismiss a class action suit filed against Terraform Labs, the brains behind the former Terra blockchain, and its disgraced co-founder Do Kwon on November 30. According to a Business Insider report, the duo filed a...

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FTX and Alameda Research Move $10.8M in Cryptocurrencies to Binance, Coinbase, Wintermute

These asset shifts have also been constantly noticed ever since FTX filed for bankruptcy, leaving many to speculate about the rationale behind the moves. According to a recent tweet by Spot on Chain, crypto accounts linked to the collapsed crypto exchange FTX and its sister trading firm Alameda Research executed over $10 million worth of token transfers across six currencies within a 12-hour span. These movements involve a part of the remaining digital assets still controlled by FTX...

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Mollars ICO & What You Need to Know About Ethereum Blockchain’s New Bitcoin

The official Initial Coin Offering [ICO] for the Ethereum blockchain token “Mollars” launched on Monday, November 21st. The token price starts at $0.30 in the first phase. Mollars is a hybrid cryptocurrency that will be an alternative to Bitcoin as it’s a store of value tokens.  There will be a difference, however, as it’s starting a decade after BTC was first introduced to the world. What are Store of Value Tokens and Coins? Like Bitcoin, Mollars aims to be a store of value...

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KyberSwap Hacker Demands Full Control of Company

Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million.  The hacker behind the $46 million exploit on KyberSwap, a decentralized exchange that allows users to send and receive different cryptocurrencies, issued an ultimatum for the return of the digital assets stolen from the protocol on November 23. According to an on-chain message sent to the company on Thursday, the black hat...

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US to Delay Approval of Proposed Crypto Bills until Early 2024

Republicans had hoped to get US crypto legislation through the House in 2023. However, now 2024 seems to be a more likely period. The introduction of comprehensive regulatory frameworks for cryptocurrencies in the United States has taken an unexpected turn, with lawmakers now eyeing 2024 as the prospective timeline for House approval of the bill. After months of waiting for the potential green light on two proposed regulations aimed at policing stablecoin issuers and the entire crypto...

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BTC Price Eyes $40,000 Soon as Massive Number of Bitcoins Move Off Exchanges

Anticipated interest rate cuts by central banks in the coming months could attract capital to various markets, potentially leading to increased volatility in speculative sectors like cryptocurrencies, according to some market observers. With the Federal Reserve pausing its rate hiking cycle and other central banks globally following suit, there is speculation that we may have reached the peak of this tightening cycle. To sustain a significant boost in risk assets, a clear trajectory toward...

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Casper-Staking (CSPR): Bitpanda bietet 7 – 12 % Zins

Stake Casper (CSPR) bei Bitpanda Jeder, der einen verifizierten Account bei Bitpanda hat (*), kann ab sofort Casper (CSPR) auf Bitpanda staken und bis zu 12 Prozent Zins verdienen. Was ist Staking? Das Staken von Kryptowährungen gewinnt auf dem Kryptomarkt zunehmend an Beliebtheit. Staking bedeutet, dass Halter von Kryptowährungen ihre Coins einsetzen, um ein Netzwerk sicher zu halten und die entsprechende Blockchain dadurch gleichzeitig zu...

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