NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) – – Today, French games, innovation, and blockchain item engineer Crypto Blockchain Industries (CBI), along with Crypto...

Digital asset manager CoinShares says institutional investment in crypto assets hit $36 million last week as Russia’s invasion of Ukraine rocked global markets. In the latest Digital Asset Fund Flows Weekly report, Coinshares says institutional inflows from the Americas canceled out last week’s European outflows. “Digital asset investment products saw inflows totaling US$36m last week despite the […]

The post Institutions Pour $36,000,000 Into Bitcoin, Ethereum and One Additional Altcoin As Market Volatility Skyrockets: CoinShares appeared first on The Daily Hodl.

A CryptoPunks NFT sells for $24 million which is double the previous record according to the reports by Chain CEO Deepak Thapilyal who said he used leverage to purchase the NFT which broke the previous sale so let’s find out more about it in our latest cryptocurrency news today. The previous CryptoPunks record of $11.8 […]

The UK financial regulator, the Financial Conduct Authority (FCA) issued a warning on Falcon Financial Solutions Ltd and Thestral Financial Services Ltd.

Crypto mining has been an environmental  issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will it mold with the time and adapt with the land before governments continue to attack Crypto currency. Related Reading |Elevate Brands Offering Bitcoin Payouts on Coinbase Prime Crypto War With  Mining …   China has been in the for front of crypto bans and the war between the two parties only grows and gets more harsh. China slapped a ban on Bitcoin (BTC) mining, trading and crypto services,The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. A-lot speculation on other to follow such as turkey and India but one thing we know is china is a huge influencer impact on the way some countries operate to have them ban this is only going to inspire more to follow. The problem with crypto mining is the carbon footprint it leaves on this planet and how it impacting the natural resources we have left.Currently, less than one-third of global electric power is sourced from renewables. If this share went fully toward cryptocurrency mining, perhaps it could lend it a semblance of sustainability, but it would be little more than a fig leaf.   BTC: BTC is currently the largest crypto BTC-USD on TradingView.com Grabbing At The Gold… After chinas ban it didn’t take long for the US to become one of the leaders in crypto mining with Russia and many to follow, This could stem from each countries hunger to become the world leader and first on the crypto train. The United States sprung at the opportunity created by the Chinese ban to become the world’s new mining hub. In Asia, Kazakhstan and Malaysia are ramping up mining operations, as are Germany and Ireland in Europe and Iran in the Middle East, according to recent stats. The effort to keep crypto mining chugging along is making for some very strange geopolitical bedfellows. Bitcoin was revolutionary when it came out in 2008. It paved the way to a new digital economy. Proof-of-work was a revelation in terms of decentralization and security, but its lack of efficiency presented us with a ticking time bomb. This bomb is going off now.   Finding a way to switch out the source and technology used to mine will help it stay alive we are watching and prolonging a demise that has been heaping for a while due to how aware and bug climate change is and the popularity and growth of crypto. Yes the United States is going hard but how long and when will they stop using coins like Bitcoin and look into more energy friendly  projects; we cant assure anything but only look at what’s happening around us as crypto gets big so will the demand and need that will keep mining going but also at war until a new solution is brought up. Related Reading |Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?