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Blockchain technology is transforming the real estate market – Cointelegraph Magazine

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Posted on July 22, 2022

Property is the world’s single largest store of wealth, and if the cryptocurrency and blockchain world is seeking an express route to mass adoption, it could do worse than partnering with the real estate industry. According to a September 2021 report by Savills World Research, the estimated value of all the world’s real estate stands

Global Bitcoin mining ‘one of the most sustainable industries globally,’ BTC Mining Council claims

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Posted on July 21, 2022

The use of sustainable energy in Bitcoin (BTC) mining reached 59.5% globally in Q2 2022, a 6% year-on-year increase from Q2 of last year, the Bitcoin Mining Council (BMC) estimates. This makes Bitcoin mining “one of the most sustainable industries globally,” according to a July 19 press release by BMC. BMC is a voluntary global

SEC Asks Judge To Remove 67,000 XRP Holders From Court Case and Bar Ripple-Supporting Lawyer From Participation

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Posted on July 21, 2022

The U.S. Securities and Exchange Commission (SEC) is opposed to allowing attorney and XRP supporter John Deaton from participating in the Ripple lawsuit any longer. In April 2021, Deaton and five other XRP holders, referred to as “movants” in the case documents, filed a motion to intervene in the case “on behalf of all similarly

Latest Developments Are ‘Really Good News’ for Ripple and XRP, Says Coin Bureau Host

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Posted on July 21, 2022

The host of Coin Bureau says the latest news about XRP is bullish for the seventh-largest crypto asset by market cap. In a new video, pseudonymous analyst Guy tells his 72,400 subscribers that Ripple co-founder Jed McCaleb has finally sold all of his XRP holdings. “A couple of other stories also caught my eye, one

Bitcoin mining difficulty expected to see largest drop since China ban

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Posted on July 20, 2022

Bitcoin (BTC)mining difficulty is expected to adjust downwards by about 4.5% during the next adjustment window, on July 21 at around 7 p.m. BST, according to an analysis conducted by CryptoSlate using Glassnode data. This event will mark the most significant decrease in mining difficulty since China’s crackdown on Proof-of-Work (PoW) mining in May 2021.

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

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Posted on July 20, 2022

Widely credited as the inventor of digital cash, David Chaum is sometimes known as the “father of online anonymity” or the “godfather of cryptocurrency,” whose work inspired the near-mythical group called the Cypherpunks from which Bitcoin emerged. Beginning his studies in computer science in the late 1970s, when encryption was classified at the same level

Ripple Co-Founder Jed McCaleb Completes 9,000,000,000 XRP Sell-Off After Eight Years: Crypto Researcher

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Posted on July 19, 2022

Ripple co-founder Jed McCaleb is finishing selling off 9 billion XRP after nearly a decade of gradually unloading his holdings to the market. Crypto researcher Leonidas Hadjiloizou tells his 59,600 Twitter followers that McCaleb finished distributing his XRP this week after over eight years of sales. The former Ripple executive reportedly made a total of

Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January

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Posted on July 19, 2022

Numbers from blockchain analytics firm CryptoQuant showed that miners sold 14,000 Bitcoin (BTC) worth roughly $300 million on July 15, the largest amount sold since January. A sell-off trend among miners started in early June, and the amount sold has been growing. Energy problem Miners are mostly forced to sell because the bearish Bitcoin prices

Samsung’s new mining chips will be 45% more efficient

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Posted on July 18, 2022

Tech giant Samsung said it is currently working on new 3-nanometer(nm) mining chips that will be 45% more energy efficient. The new chips are estimated to have 23% higher performance and are expected to significantly reduce carbon emissions in the mining industry. The company started working on the chips in late 2021, with help from

Sweden averse to Bitcoin mining amid rapid rise in energy demand

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Posted on July 18, 2022

Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand rapidly increases. Sweden’s Energy Minister Khashayar Farmanbar told Bloomberg News: “We need energy for more useful things than Bitcoin, to be honest. We are moving from a period of administration to an extreme expansion where our entire

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