Cryptos

More than a year has passed since the New York State Department of Environmental Conservation rejected the air permit application of Greenidge Generation, a Finger Lakes power plant that fuels a Bitcoin-mining operation by burning natural gas.According to publicly available documents, the cryptomining company is on pace for its most lucrative…

Crypto exchange Coinbase has confirmed its decision to integrate layer 2 payment protocol Lightning Network as users seek faster and cheaper Bitcoin (BTC) transactions. Lighting Network (LN) was created to help solve Bitcoin’s scalability problem and to compete against newer cryptocurrency projects that promised comparatively faster and cheaper…

Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective, Bitcoin (BTC) has witnessed a 15% decline since July. In contrast, the S&P 500 index and gold have maintained relatively stable…

The European Union Advisory Mission (EUAM) Ukraine last week held a workshop on Cryptocurrency Crime and Financial Investigations for 24 experts from various Ukrainian law enforcement agencies. These include the Economic Security Bureau of Ukraine, the State Bureau of Investigation, the National Police of Ukraine, and the Security Service of…

Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks. Bitcoin (BTC) experienced the bulk of activity last week, with its $68.9 million in outflows offset by Short Bitcoin inflows in the amount of $15.2 million and $0.7 million from XRP (XRP).…

Lava flows on the Halema'uma'u crater floor alongside several active vent sources as the Kilauea volcano erupts in Hawaii, U.S. June 7, 2023. USGS/Handout via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 10 (Reuters) - The Kilauea volcano on Hawaii's Big Island began to erupt on Sunday afternoon, with flows currently confined…

The combined cryptocurrency spot and derivatives trading volume on centralized exchanges declined 11.5% to $2.09T, falling to the lowest combined monthly trading volume this year and the second-lowest since October 2020. The weakening volume tracked the movement in price, marking the biggest long liquidation event since the FTX collapse, CCData…

Read U.TODAY on Google News The situation has almost not changed on the cryptocurrency market as most of the coins remain in the red zone.BTC/USDThe rate of Bitcoin (BTC) has fallen by 0.29% over…

A federal judge ordered a young hacker who allegedly stole cryptocurrency from Northern California crypto executives to forfeit nearly $5.2 million worth of Bitcoin and a sports car to the U.S. government last week. Ahmad Wagaafe Hared was a teenage resident of Tucson, Arizona, in 2016 when prosecutors say he began working with two…

When Texas baked under triple-digit heat in August, one industry reaped a cool eight figures: Bitcoin miners. EMISSIONS LIMIT LIFTED: Feds clear ERCOT to exceed emissions limits to avoid blackout It’s the latest instance of bitcoin mines, which consume large amounts of electricity to power arrays of computers that…