Analyst: Over 50% of Bitcoin Mining Energy Now From Renewables
Analyst Reports that Over 50% of Bitcoin Mining Energy Comes from Renewable Sources, due to Miners Relocating Amid China’s Ban. Elon Musk stated in 2021 that Tesla would begin accepting Bitcoin payments once miners were utilizing approximately 50 percent renewable energy sources “with a positive future trend” — a benchmark that may have been met […]
Remitano Reportedly Hacked For $2.7M; Tether Freezes $1.4M
Over $2.7 million was withdrawn from the Remitano exchange’s wallet by a single account, resulting in suspicious transactions. On September 14, the cryptocurrency exchange Remitano encountered large withdrawals under suspicious circumstances, leading some blockchain analysts to conclude that it may have been compromised. Cryptocurrency worth $2,7 million has been withdrawn via suspicious transactions. Tether has […]
Circle Integrates Web3 Platform Into Singapore ‘Super App’ Grab
Grab, the leading software firm in Southeast Asia, is collaborating with Circle, a USDC stablecoin issuer, to test a web3 wallet within its super-app. On September 14, Circle made the news that Singaporean Grab users would have access to these new services through the recently launched “Grab Web3 Wallet.” This Grab app integration with Circle’s […]
Voice NFT Platform to Shutdown
Voice has opted to close its doors just two years after switching from a social network to an NFT platform. Voice was originally intended to be a decentralized social media network, but it was eventually “upgraded” into a platform for creators using non-fungible tokens (NFT). It is currently reducing its services despite regulatory obstacles. The […]
Hedera Network Unveils New Toolkit for Web3 Innovators
Hedera network introduces “Stablecoin Studio” for its platform’s streamlined stablecoin issuance and management. With a new toolbox, Hedera, an open-source, leaderless proof-of-stake network, plans to compete with blockchain heavyweights like Ethereum (ETH) in the deployment of stablecoins. Hedera unveiled a new open-source tool to create stablecoin applications on their network in a blog post on […]