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Report: 76% crypto miners use renewables as part of their energy mix

The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report. The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of...

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Australian dev aims to bring Cardano payments to Shopify stores

Shopify stores could soon allow users to pay for products with Cardano tokens with a new app that removes any payment intermediaries. An Australian developer has almost completed work on a Cardano (ADA) app that will allow all Shopify stores to transact in ADA tokens and other tokens that run...

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Court finds blockchain firm guilty of license violation — but CEO vows to fight back

A Dutch court ruled against Apollo for cloning over 75% of its code from blockchain developer Jelurida’s code but failing to adhere to the terms of its license. Dutch open-source blockchain software developer Jelurida has won its case in the Netherlands against Apollo Fintech for breach of copyright.On Sept. 22,...

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Bitcoin rises against USD after Mnuchin promises second stimulus check

$1,200 checks for Americans will definitely feature in any deal, says Steven Mnuchin, as DXY weakness opens up opportunities for Bitcoin gains. Bitcoin (BTC) may see a price boost this week as the U.S. dollar currency index (DXY) weakens and one analyst tells American voters to buy.Data showed DXY dropping...

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SushiSwap’s liquidity grab actually made Uniswap stronger — Data shows

New data shows that one month after SushiSwap’s vampire mining attack Uniswap is the real beneficiary. SushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited Uniswap by bringing new...

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Bitcoin price in flux: Bulls target $11.5K, bears desire drop to $9.8K

As Bitcoin price consolidates, bulls target $11.5K and bears expect a drop below $9.8K. Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in the $11,000-$11,200 zone and at $11,389 have kept the price from moving...

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Crypto Finance Conference to host industry experts in-person in January 2021

Physical crypto events come back, but with a set of strict COVID-19 measures. As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format.Crypto Finance Conference (CfC) St. Moritz, an international crypto...

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Government investment firm develops blockchain health passport in Singapore

Singapore continues to apply blockchain in its public administration. In a pandemic era of unprecedented health data collection and surveillance, Singapore is turning to blockchain technology for the infrastructure that can make it work. Government-owned investment firm SGInnovate and Singaporean startup Accredify have jointly developed a new blockchain-powered digital health passport,...

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Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation

Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation. The Bitcoin (BTC) reserves of exchanges are continuing to drop, which suggests retail investors and whales might be accumulating.According to data from CryptoQuant, all exchanges’ reserves dropped to 2.4 million BTC, which is equivalent to...

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At $10,600, Bitcoin price is on track for its second-best quarter ever

Data shows Bitcoin should seal both its best Q3 on record and its second-highest lifetime quarterly close on Sep. 30. Bitcoin (BTC) is on track for its best third quarter ever, data shows as Q3 2020 has just one day left to go.According to price records from on-chain analytics resource...

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