Bitcoin price and energy use for mining highly correlated: UN report
A recent study conducted by the United Nations suggests a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining operations.UN…
Thailand’s KBank acquires crypto exchange business Satang
Thailand’s Kasikornbank, one of the largest banks in the country, is moving into the cryptocurrency industry by acquiring a majority stake in the local crypto…
End of ‘Uptober’ targets $40K BTC price — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week at comfortable highs as traders square off over BTC price action to come.As macroeconomic uncertainty continues to grow, Bitcoin…
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Zodia, the institutional cryptocurrency custody platform co-owned by British banking giant Standard Chartered, Japanese SBI Holdings and the financial firm…
Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler
Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin (BTC) products, according to a resurfaced…
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.Bukele, a Bitcoin…
Crypto thief steals $4.4M in a day as toll rises from LastPass breach
At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software…
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish
Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October.…
VanEck amends application for spot Bitcoin ETF
Asset manager VanEck filed an amended application for a spot Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 27 with the United States Securities and Exchange…
What are open-source protocols, and how do they work?
Understanding open-source protocols Open-source protocols have become a mainstay in the tech world and are…