Massive NFT Heist Rocks Market: $10.9M Worth of Digital Assets Stolen in March
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Crypto News
The environmental impact of cryptocurrency mining and its sustainability concerns details
Cryptocurrency mining is the process of solving complex mathematical problems in order to verify and validate transactions on a blockchain network. This process requires significant amounts of computing power, which in turn requires a large amount of electricity consumption. This has led to concerns about the environmental impact of cryptocurrency mining and its sustainability. The
The rise of decentralized finance (DeFi) and its potential to disrupt traditional finance
Decentralized Finance (DeFi) refers to a new financial system built on decentralized networks, usually based on blockchain technology, that aims to provide financial services in a permissionless, trustless, and transparent way. Unlike traditional finance, which is centralized and controlled by institutions such as banks and governments, DeFi is built on decentralized networks, enabling anyone with
Disney reportedly scraps its metaverse division
The metaverse division was initially created to work on new ways of engaging Disney’s audience. Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan to cut its operating expenses by $5.5 billion and lay off 7,000 staff over two months. The news was reported by The Wall Street Journal (WSJ)
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Bitcoin hash rate spikes as analysts say miners coming back online
Analysts are speculating that the Bitcoin hash rate has seen a significant spike recently as miners come back online to reap the rewards of the BTC price hike. BTC $26,952 hash rate spiked to all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts speculating miners are starting to turn their rigs back
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THORChain mainnet halted amid new vulnerability reports
THORChain has once again halted its network, taking action as a precautionary measure while verifying reports on a potential network vulnerability. Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability. THORChain took to Twitter on March 28 to announce that it has halted all trading amid reports on a
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Power, Property, and Freedom: Bitcoin Discourse Research Paper
Introduction In the modern world, all people have the right to freedom and property, but not all have the power to decide who may have this freedom and property. Moreover, the notions of power and freedom are mutually exclusive because when someone has power, the freedom of another person or people is reduced. Therefore, since
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Cryptocurrency and Its Instability Issues
In the present day, cryptocurrency attracts more and more attention of people all over the world. Regardless of not being widespread yet among community members, cryptocurrency is used by a considerable number of financial institutions and companies for its potential to influence the financial market in the future. In general, it may be defined as
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Analysis of Solana Cryptocurrency
Cryptocurrencies are a controversial topic in society, as their volatility puts their long-term validity into question. However, older blockchain coins have failed to deliver a scalable and secure currency that will be as decentralized as possible (Hamilton, 2022). Unlike Bitcoin and Ethereum, Solana has multiple advantages that make it a worthwhile investment. For this proposal,
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Bonds and Stocks vs. Cryptocurrency Research Paper
Introduction Having adequate knowledge and information before making financial decisions such as investing in stocks, bonds or cryptocurrency is very important. Understanding the advantages and weaknesses can help one know where to invest their finances best. For instance, company stocks of firms such as Nestle and Volkswagen are very attractive and promise a great amount
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