Crypto Currency

Bitcoin’s Soaring Energy Demand Sparks Regulatory Challenges

The energy footprint of Bitcoin mining is off the charts. The already gargantuan energy consumption of the process to mint new coins of the cryptocurrency more-than doubled over the course of 2023 on the back of strong prices. The United States, one of the world’s biggest hubs for cryptocurrency mining…

Published 3 years ago in
Bitcoin’s Soaring Energy Demand Sparks Regulatory Challenges

The energy footprint of Bitcoin mining is off the charts. The already gargantuan energy consumption of the process to mint new coins of the cryptocurrency more-than doubled over the course of 2023 on the back of strong prices. The United States, one of the world’s biggest hubs for cryptocurrency mining…
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Crypto Currency

Strategy CFO Abruptly Resigns: Is This a Red Flag for MSTR?

A popular bitcoin commentator referenced previous CFO departures as the initial signal of a major crisis – will history repeat…

Published 5 hours ago in
Strategy CFO Abruptly Resigns: Is This a Red Flag for MSTR?

A popular bitcoin commentator referenced previous CFO departures as the initial signal of a major crisis – will history repeat…
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Crypto Currency

The Week Ahead: Apple and Palantir Earnings, Jobs Report, Bitcoin and Binance Hack Update

TLDR Big Tech lost more than $1 trillion last week as investors questioned heavy AI spending. Alphabet had its worst single-day drop on record, and Intel fell nearly 29%. Binance reported a security breach involving an estimated $6.3 billion in digital assets. Apple, Palantir and AMD report earnings early in the week…

Published 5 hours ago in
The Week Ahead: Apple and Palantir Earnings, Jobs Report, Bitcoin and Binance Hack Update

TLDR Big Tech lost more than $1 trillion last week as investors questioned heavy AI spending. Alphabet had its worst single-day drop on record, and Intel fell nearly 29%. Binance reported a security breach involving an estimated $6.3 billion in digital assets. Apple, Palantir and AMD report earnings early in the week…
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Crypto Currency

Bitcoin Sinks Below $77K as Liquidations Top $1.5B After Binance Hack

Bitcoin fell below $77,000 and over $1.5 billion in leveraged bets were liquidated as Binance froze withdrawals after a hack it put at about $6.3 billion…

Published 5 hours ago in
Bitcoin Sinks Below $77K as Liquidations Top $1.5B After Binance Hack

Bitcoin fell below $77,000 and over $1.5 billion in leveraged bets were liquidated as Binance froze withdrawals after a hack it put at about $6.3 billion…
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Crypto Currency

Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack

Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase…

Published 5 hours ago in
Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack

Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase…
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