Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds
TLDR:
Ethereum’s annual electricity use now stands at 7.87 GWh, down over 99.9% from pre-Merge levels.
CCAF audited 8,522 physical nodes, finding a network-weighted average of 105 watts per node.
The US, Germany, Finland, and…
All about CleanSpark’s addition of 454 Bitcoin and what it means
CleanSpark, a publicly traded company, is in the news after adding another 454 Bitcoin to its treasury. This addition has pushed its total stash to 13,924 BTC, worth $897.1 million.
In 2026, CleanSpark has sold 258 BTC and added 1171…
DOJ Seeks Dismissal of $722 Million BitClub Fraudster
The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.A court filing shows…
THORChain Resumes Trading More Than a Month After $10M Exploit
THORChain has resumed activity after over a month of security verifications and upgrades, following a $10.7 million exploit that prompted a trading halt on May 15.In a Tuesday X post, THORChain said it restored its network, including…
Trust Wallet Integrates Robinhood Chain as Vlad Tenev Touts RWA Network that Handles Memes Too
Key TakeawaysTrust Wallet has integrated Robinhood Chain, enabling self-custody support for Layer-2 assets.Layer-2 scaling bypasses Ethereum mainnet congestion, reducing individual transaction fees to cents.Moving forward, Trust Wallet…
ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept
Cardano (ADA) remains above 10% higher…
XRP’s sell pressure is on the lower side, so why is the market still weak?
XRP has been looking weak lately, with activity across the board slowing down. In fact, traders aren’t as willing to take on new positions as they were, with demand yet…
EU Parliament Passes Message-Scanning ‘Chat Control’
The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending…
DeFi Holding up Unusually Well in Down Market: Bitwise
Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise.Bitcoin (BTC) fell about 22% in June,…
Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money
BIP-110 has become a symbolic battle over Bitcoin's future direction, from censorship resistance to network governance.
Bitcoin maximalist Justin Bechler has warned…