Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers. Read More at https://cointelegraph.com/news/ethiopia-bitcoin-mining-power-cut-hydro-shortage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Italy investigates government email breach linked to Revolut data leak
Italy is probing the Revolut-linked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts. Read More at https://cointelegraph.com/news/italy-government-email-breach-revolut-data-leak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss. Read More at https://cointelegraph.com/markets/bitcoin-coinbase-premium-hits-monthly-low-as-clarity-act-vote-squeezes-us-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ECB seeks online merchants for 2027 digital euro pilot
Euro-area online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12-month pilot. Read More at https://cointelegraph.com/news/ecb-online-merchants-2027-digital-euro-pilot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization. Read More at https://cointelegraph.com/news/ai-has-been-a-net-negative-for-crypto-phemex-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US charges ex-Robinhood engineers over alleged pre-listing crypto trades
The former employees allegedly earned more than $50,000 each by trading Hyperliquid perpetuals ahead of Robinhood token listings. Read More at https://cointelegraph.com/news/robinhood-engineers-hyperliquid-listing-trades-charges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the outflows. Read More at https://cointelegraph.com/news/bitcoin-etfs-shed-450m-in-biggest-outflow-since-june?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto industry turns to US regulators after CLARITY setback
The CLARITY Act could still be revived after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over whether Congress has enough time left. Read More at https://cointelegraph.com/news/crypto-industry-turns-to-us-regulators-after-clarity-setback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins. Read More at https://cointelegraph.com/news/bis-paper-finds-major-gap-in-bitcoin-onchain-transfer-estimates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining. Read More at https://cointelegraph.com/markets/crypto-stocks-slide-after-clarity-act-fails-to-advance-in-senate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound