Ethereum's transition from Proof-of-Work to Proof-of-Stake has reduced its electricity consumption by over 99.9%, now using just 7.87 GWh annually—less than half the British Museum's usage. This shift also cut its carbon emissions to about 2.37 kilotonnes of CO₂ equivalent per year, comparable to 900 UK households. Despite node concentration in the US and Europe, Ethereum remains decentralized and sources 56.4% of its electricity from sustainable energy. Future upgrades like Lean Ethereum aim to further improve efficiency and security while maintaining decentralization.
The crypto market cap rose about 1.2% to $2.28 trillion, with Bitcoin holding steady above $64,000 and most top coins posting modest gains. Improved sentiment follows Bitcoin's tough June, aided by renewed ETF inflows and easing fear in the market. A...
Patrick Shyu, a former engineer at Meta and Google, warns that Bitcoin is threatened by two major issues: the decline of miner incentives as new coin rewards diminish and the potential future risk from quantum computing breaking Bitcoin's cryptograph...
The Ethereum Foundation patched a medium-severity vulnerability that allowed any peer to crash validator nodes by sending a single crafted message via the gossipsub protocol. The bug, found by an AI agent, caused an integer overflow triggering a cras...
TD Cowen reaffirmed its Buy rating on Micron Technology with a $1,600 price target, implying a 63% upside. The firm highlighted ongoing strong demand for memory products driven by AI infrastructure growth and persistent supply constraints expected be...
The Bitcoin Policy Institute (BPI) has filed to intervene as a defendant in a New York lawsuit seeking ownership of nearly 40,000 dormant bitcoin addresses valued at $293 billion. Plaintiffs claim the bitcoins were abandoned after being untouched for...
