In recent years, cryptocurrency mining has become a highly energy-intensive process, requiring specialized computer hardware and large amounts of electricity to power and cool the mining rigs. However, the costs […]
Category: Cryptocurrencies
The ongoing cryptocurrency market downturn continued its downward trajectory this past week, as prices of major cryptocurrencies like Bitcoin and Ethereum experienced significant declines, dragging the overall crypto market cap
Bitcoin and Ethereum Prices Plunge as Crypto Markets Continue SelloffRead More »
Facebook startled the financial world this week when it announced forthcoming plans to launch its own cryptocurrency, Diem, as well as a supporting crypto exchange platform. This enormously ambitious move
Facebook Makes a Big Bet on Crypto with Plans for New Token and Exchange PlatformRead More »
The downturn in the cryptocurrency markets has coincided with a drastic drop-off in NFT trading activity and sales volumes. The previous mania surrounding non-fungible tokens has evaporated as crypto investors
NFT Sales Volume Plummets as Crypto Winter Sets InRead More »
The ongoing “crypto winter” claimed another victim as cryptocurrency lending platform Celsius Network filed for bankruptcy on July 13th following weeks of financial turmoil. The filing for Chapter 11 bankruptcy
In one of the largest cryptocurrency heists of 2022, hackers managed to steal nearly $190 million from Nomad, a cross-chain bridge that allows transferring tokens between different blockchains. The exploit
Hackers Pull Off $190 Million Crypto Heist in Nomad Bridge AttackRead More »
Meme cryptocurrencies such as Dogecoin and Shiba Inu have seen massive growth in 2021, driven by hype on social media and endorsement by prominent figures like Elon Musk. These meme
Meme Coins like Dogecoin and Shiba Inu Continue Explosive GrowthRead More »
Ethereum gas fees have been surging to unprecedented levels in recent times, crossing over 1000 gwei and costing users excessive amounts for transactions and smart contract interactions. These prohibitively high
Ethereum Gas Fees at Record Highs, Frustrating UsersRead More »
Dogecoin, the tongue-in-cheek cryptocurrency featuring the Shiba Inu dog meme, saw its price dramatically surge in value following another series of tweets from billionaire Elon Musk. After Musk’s continued online
Bitcoin has been on a bull run, surging to an all-time high price above $50,000 in February 2021. This milestone moment continues Bitcoin’s dramatic price appreciation and is seen by
Bitcoin Hits New All-Time High: $50,000 and Counting!Read More »
No More Posts