Gov’t says crypto miners consume 2% of total electricity in Russia

[ad_1] Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate. The energy consumption share of the crypto mining industry has exceeded the country’s agricultural sector, showing signs of recovery after Russia fell out of the top three in the global Bitcoin (BTC) mining hash rate […]

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Gate.io Announces Launch of Mirror World NFTs on NFT Box

[ad_1] Majuro, Marshall Islands, 30th May, 2022, Chainwire Gate.io, one of the world’s leading cryptocurrency exchanges with over 10 million users worldwide and a wide range of tradable assets has announced the upcoming listing of Mirror World NFTs, on its NFT marketplace, set to launch in June 1st, 2022. About Mirror World Mirror World is […]

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Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

[ad_1] Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. The same holds true for the Bitcoin Lightning Network (LN). The Bitcoin Lightning Network capacity attained an all-time high of 3915.776 BTC as evidenced by data from Bitcoin Visuals, displaying a […]

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it’s trending on news of soon being accepted for SpaceX merchandise

[ad_1] SpaceX CEO, Elon Musk, has noted that the company will start accepting Dogecoin (DOGE) payments for its merchandise. The news comes after Tesla, another Musk’s company, started accepting Dogecoin payments for its merchandise sometimes back.  Musk tweeted: “Tesla merch can be bought with Doge, soon SpaceX merch too.” Tesla merch can be bought with […]

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First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma

[ad_1] Bitcoin was headed for a ninth-straight weekly loss, a record in the largest cryptocurrency’s trading history dating back to the early 2010s. Terra delivered its new LUNA “revival” tokens, and the price promptly crashed. [ad_2]

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Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop

[ad_1] The month of May was dominated by news of LUNA’s crash. This came after its dollar-pegged stablecoin UST fell by nearly 90% against the dollar. In an effort to relaunch Terra and stop the bloodbath, the Terra community announced a rebrand. But Terra 2.0 has not been as successful as expected. Here are the […]

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