The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, which estimates the amount […]
Finnish customs authorities have announced that they recently sold confiscated Bitcoin worth €46.5 million ($47.35 million). According to a press release issued today, the 1,889.1 in Bitcoin was confiscated mostly in raids before 2018. The […]
A bill introduced by a Senate committee would grant the Commodity Futures Trading Commission “exclusive oversight” over what it defines as a “digital commodity.” The Digital Commodities Consumer Protection Act of 2022, introduced by the […]