Day: April 27, 2022

New Report: Blockchain Hackers Stole $1.3 Billion In Q1 2022

Despite the drop in bitcoin prices at the beginning of the year, thieves did not take a break. Hackers and scammers made millions of dollars from attacks on numerous crypto projects and ecosystems. According to the Atlas VPN team’s new research, blockchain hackers stole approximately $1.3 billion in 78 hack events in the first quarter of 2022. Furthermore, hacks on the Ethereum and Solana ecosystems resulted in over $1 billion in losses in this quarter alone. Blockchain Hackers Eating Good The figures come from Slowmist Hacked, which compiles information about…

Central Bank of Cuba to License Digital Asset Service Providers

The providers will be allowed to operate with virtual assets approved by the BCC, the resolution said, without disclosing further details. It did clarify that virtual assets “do not include digital representations of fiat currency, securities and other financial assets widely used in traditional banking and financial systems, which are regulated in other provisions of the Central Bank of Cuba.” Source

Bitcoin mining with 5 RTX 3090 vs 1 Antminer S19 Pro – Does GPU win vs Asic mining in 2022?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin mining with 5 RTX 3090 vs 1 Antminer S19 Pro – Does GPU win vs Asic mining in 2022? Let’s take a look at these video cards, and talk about GPU compared with asic mining in 2022. #bitcoinmining #bitcoin #bitcoin2022 This video reflects my opinion only; numbers and data are approximate and may become inaccurate as time passes.This video may not be objectively accurate. It’s just my opinion. Images used are for educational purposes only. Videos provide host(s) commentary on developing…

Australia’s first 3 crypto ETFs all miss launch day

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The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed. The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management, Cboe Australia, released a statement late Tuesday stating that “standard checks prior to the commencement of trading are still being completed” and a “further update will be provided in the coming days.” Cboe issued the same notice regarding two spot ETFs issued by 21Shares also scheduled for launch today,…

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News

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At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first quarter of 2022. The BMC report’s findings show Bitcoin’s electricity usage dropped by 25% in Q1 2022 compared to the year prior. Bitcoin Mining Council Publishes Q1 2022 Covering Mining Industry’s Sustainable Power Mix and…

Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies

Brazil’s Senate has passed the country’s first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry.  The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country. This is expected to occur by the end of 2022, according to experts who spoke with Cointelegraph Brazil. The session that approved the project was chaired by Senate President Rodrigo Pacheco who said: “I want…

New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power

However, advocates of the bill noted that existing facilities would remain unaffected by the bill, as well as any facilities that tap renewable resources. The bill itself specifies that the New York Department of Energy “shall not approve a new application for or issue a new permit … for an electric generating facility that uses a carbon-based fuel and that provides, in whole or in part, behind-the-meter electric energy consumed or utilized by cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions.” Source

Will The Ethereum Merge Skyrocket ETH?

The Ethereum Merge is the most critical aspect of the ETH 2.0 upgrade, since it will convert from a proof-of-work to a proof-of-stake system. The move from proof-of-work to proof-of-stake consensus is the focus of the upgrade. The improvement, as previously reported, has been postponed until the end of 2022, with no specific deadline in sight. The world’s second-largest cryptocurrency was meant to be weeks away from the “merge” a June upgrade of its blockchain Ethereum that would make it faster, cheaper, and less power demanding, promising a meaner and…

🔴URGENT NEWS WHY CRYPTO MARKET⚠️CRASH TODAY INDIA🚫BAN EXCHANGE ? क्योंcryptocurrencyमें गिरावट आई है

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Bitcoin Beneath Key Support Level; What’s Next?

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Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level. Bitcoin’s tough resistance stands at $40,000 as traders continue to exit the market over the last week. In the last 24 hours, BTC had fallen by 3% and in the past week, the coin registered a 6% depreciation. The crypto market continues to be in an accumulation phase.…