The World Bank has released a groundbreaking report highlighting the unexpected environmental benefits of Bitcoin mining. The report reveals that the process of minting digital currencies like Bitcoin can actually help reduce greenhouse gas emissions and support sustainable development. Specifically, the report notes that Bitcoin mining can make use of otherwise wasted natural gas, reducing the need for flaring and venting during oil production. This innovative approach not only curbs harmful emissions but also provides a new source of income for oil producers. Based on the World Bank’s report, there…
Month: November 2023
Trilemma explanation for Bitcoin blockchain
Every #Blockchain faces a trilemma: prioritizing security, decentralization, or scalability. The #Bitcoinβ―β―β― base layer chose security & decentralization π§‘β‘οΈπ«‘ #Crypto #btc $BTC
Bitcoin transaction fees skyrocketing!
#Bitcoin transaction fees skyrocketing! π° Average fee approaches $6, π #Ordinals are back and taking up space in the mempool, causing a surge in on-chain transaction costs. π₯ #BTC #Crypto $BTC #NFT
Monero Community Wallet Suffers Major Exploit
Monero’s CCS wallet was drained of 2,675 XMR before midnight on Sept 1, 2023. Hot wallet unaffected. Core team may use General Fund to cover loss
Roger Ver takes legal action against Matrixport.
π¨ Breaking News: Roger Ver seeks winding up of Matrixport in Seychelles lawsuit over missing funds #CryptoNews #InvestmentLawsuits
Monero community wallet hacked!
π Attack on Monero community wallet causes significant financial loss! #Bitcoin #Cryptocurrency #Monero
ECB fears Bitcoin, but market trends show otherwise!
Despite the growing popularity and adoption of #Bitcoin, some still have a negative view of it. But let’s be real, the idea that its stability is an illusion is not backed up by current market trends & tech advancements. Don’t let unfounded fear hold you back from being part of the future! #cryptocurrency #blockchain”
New crypto malware attack on MacOS!
A new malware strain called ‘KandyKorn’ has been identified, targeting Mac devices. @TeamUnibot seems exploited, the exploiter transfers memecooins from #unibot users and is exchanging them for $ETH right now! π° The current exploit size is ~$560K
Decoding the Crypto Battlefield: Bitcoin’s $35K Resistance Showdown
Bitcoin’s recent 24-hour performance brought $35K into the spotlight. Multiple tests of the upper trading range signal growing bullish momentum.
BTCUSD 1H Chart: Resistance Battle at $34.8K
Bitcoin’s recent 24-hour performance brought $34.8K into the spotlight. Multiple tests of the upper trading range signal growing bullish momentum. π