The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise emitted by the site, they now face […]
Vitalik Buterin Responds to Rumored Sales, Reaffirms Commitment to Ethereum and Charitable Causes
After some activity was noticed from wallets linked to Vitalik Buterin, co-founder of Ethereum, he took to the social media platform X to clarify the situation. He stated that all his token sales were meant to “support various projects.” Buterin added that any ERC20 tokens gifted to him would go toward “public goods within the […]
Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
On Thursday, bitcoin (BTC) peaked at $ 66,455 per coin around 7 a.m. EDT but dropped to approximately $ 64,516 by noon. The volatile movements resulted in $ 118.82 million in liquidations across the crypto economy, with long positions accounting for $ 61 million of that total. Bitcoin’s Rapid Rise and …
‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian anti-graft agency urged residents to respect the naira and avoid ridiculing it. The EFCC […]
Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash
A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit cards for receiving payments, and users had to turn […]