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What is Crypto Mining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotAug 18th, 2021

The first “Bored Ape” NFT game costs $2,300+ for three weeks of play

Speculative frenzy drives $12.8 million in transactions in one day. Enlarge Owners of Yuga Labs' infamous "Bored Ape" non-fungible tokens (and related crypto tokens) get free access to a simple endless runner/tunnel rac.....»»

Category: topSource:  arstechnicaRelated NewsJan 19th, 2023

New FTX boss John Ray could bring back bankrupt crypto firm

John Ray said he may restart the platform to try to recover "value" for customers who lost money......»»

Category: hdrSource:  bbcRelated NewsJan 19th, 2023

Chile sinks controversial mining project over environmental concerns

Chile's government on Wednesday torpedoed a controversial billion-dollar mining project due to be built near a nature reserve that is home to a rare species of penguin......»»

Category: topSource:  physorgRelated NewsJan 19th, 2023

Bitzlato crypto founder charged with $700m financial crimes

Bitzlato co-founder Anatoly Legkodymov is accused of helping to process $700m in illicit funds......»»

Category: hdrSource:  bbcRelated NewsJan 19th, 2023

Authorities dismantle crypto exchange Bitzlato, allege it was cybercrime “haven”

Criminal groups served allegedly include Conti, DarkSide, Phobos, and Hydra. Enlarge (credit: Getty Images) Federal authorities on Wednesday arrested the founder of Bitzlato, a cryptocurrency exchange they said has been.....»»

Category: topSource:  arstechnicaRelated NewsJan 19th, 2023

Plans for deep seabed mining pit renewable energy demand against ocean life in a largely unexplored frontier

As companies race to expand renewable energy and the batteries to store it, finding sufficient amounts of rare earth metals to build the technology is no easy feat. That's leading mining companies to take a closer look at a largely unexplored frontie.....»»

Category: topSource:  physorgRelated NewsJan 18th, 2023

Moving house: Arctic mining town"s move divides residents

Each time he boasts about the colossal relocation of his town center in the Swedish Arctic, Kiruna mayor Gunnar Selberg gets a dressing-down from a very dissatisfied resident: his wife......»»

Category: topSource:  physorgRelated NewsJan 18th, 2023

FTX: Collapsed crypto exchange says $415m was hacked

Last week the company told a bankruptcy judge in Delaware that it had recovered over $5bn in assets......»»

Category: hdrSource:  bbcRelated NewsJan 18th, 2023

I Don’t Hate Crypto

Well, that was interesting. I get many more private emails in response to blog posts than comments. Yesterday, in response to Reflecting on Ponzi Schemes, I got a few that said anyone under 35 needs a net native currency, and that’s crypto. A f.....»»

Category: financeSource:  feldRelated NewsJan 16th, 2023

Reflecting on Ponzi Schemes

At the end of 2022, some people started shouting that Crypto was a Ponzi Scheme following earlier declarations by Bill Gates, Warren Buffett, and Charlie Munger. Others, especially those in the crypto industry, were saying some version of “Well.....»»

Category: financeSource:  feldRelated NewsJan 15th, 2023

Mining and armed conflict threaten eastern DRC"s biodiversity in a complex web

The Democratic Republic of Congo's (DRC) conflict-affected eastern provinces are home to numerous protected areas. These areas host unique biodiversity and a range of threatened species, such as the okapi, forest elephant and mountain gorilla. They a.....»»

Category: topSource:  physorgRelated NewsJan 13th, 2023

Sweden finds the largest rare earth deposit in Europe. It could help cut dependence on China

Swedish mining company LKAB says it has found Europe's largest deposit of rare earth oxides in the country's north, a discovery that could reduce the continent's reliance on China for the critical resource......»»

Category: topSource:  cnnRelated NewsJan 13th, 2023

Winklevoss firm charged in US over crypto sales

Its partner company is also accused of illegal sales to hundreds of thousands of investors......»»

Category: hdrSource:  bbcRelated NewsJan 13th, 2023

MoviePass returns, backed by cryptocurrency firm

Previously a disastrously failed service offering cut-price movie theater tickets, MoviePass is attempting to return with new crypto backers, and a plan to help fund film production.At least cryptocurrency sounded like a good idea. MoviePass launched.....»»

Category: appleSource:  appleinsiderRelated NewsJan 13th, 2023

FTX: Collapsed crypto giant recovers over $5bn of assets

The firm's former chief executive Sam Bankman-Fried is accused of orchestrating an "epic" fraud......»»

Category: hdrSource:  bbcRelated NewsJan 12th, 2023

FTX: Collapsed crypto giant recovers $5bn of assets

The firm's former chief executive Sam Bankman-Fried is accused of orchestrating an "epic" fraud......»»

Category: hdrSource:  bbcRelated NewsJan 12th, 2023

Crypto audit of Threema revealed many vulnerabilities

Researchers have discovered cryptographic vulnerabilities in Swiss-based secure messaging application Threema that may have allowed attackers to do things like break authentication or recover users’ long-term private keys. The vulnerabilities have.....»»

Category: securitySource:  netsecurityRelated NewsJan 11th, 2023

UK Treasury considers plan for digital pound

The economic secretary to the Treasury says the UK is committed to becoming a world crypto hub......»»

Category: hdrSource:  bbcRelated NewsJan 11th, 2023

Cryptocurrency: UK Treasury considers plan for digital pound

The economic secretary to the Treasury says the UK is committed to becoming a world crypto hub......»»

Category: hdrSource:  bbcRelated NewsJan 11th, 2023

How the "Kimchi premium" on crypto affects overseas remittances

The "Kimchi premium" is a term used to refer to the gap between the price of bitcoins in South Korean versus Western exchanges. This difference, which was first observed in 2016, is caused due to the high demand for a limited supply of bitcoins. The.....»»

Category: topSource:  theglobeandmailRelated NewsJan 9th, 2023