The Cambridge Centre for Alternative Finance has estimated Ethereum’s annual electricity consumption at 7.87 gigawatt-hours. That equals a continuous power demand of about 0.90 megawatts. The study places Ethereum near the lower end of energy intensity among major proof-of-stake blockchains when researchers adjust electricity use for market value. Cambridge also estimated annual emissions of about…
A decade ago, then-Uber CEO Travis Kalanick said he saw autonomous vehicles as an existential threat to the ride-hail company’s business model. “What would happen if we weren’t a part of that future? If we weren’t part of the autonomy thing? Then the future passes us by,” Kalanick told Business Insider. In the years since,…
Key Takeaways Grayscale classified XRP as a global payments asset within its broader digital asset narrative framework. The designation reflects XRP’s connection to cross-border payments and blockchain-based settlement discussions. Grayscale’s focus strengthens XRP’s position as a leading digital asset for global payments and institutional settlement solutions. Grayscale Places XRP at the Center of the Global…
Shifting expectations around Fed policy have repeatedly redirected capital between crypto, commodities, and technology stocks. Kevin Warsh’s arrival at the Federal Reserve, renewed geopolitical tensions, and the AI investment boom have pushed stocks, gold, and Bitcoin onto sharply different paths this year, according to a new report from crypto trading firm BIT. The report…
A new app called HyperTexting is making it as easy to surf the web as it is to scroll through a social media feed, like Facebook or X. The app, newly available for iOS, also aims to make updating your own personal website as simple as sending a text message. This algorithm-free vision for the…
Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib has called for continued discussion on digital assets under Islamic law. His statement followed a meeting with scholar Mufti Taqi Usmani on July 11. Saqib said both sides shared one aim: protecting Pakistanis from fraud, exploitation, and financial harm. Summary Pakistan’s crypto chief seeks technical and…
Apple lost its EU court challenge over iOS and the App Store, keeping both under the Digital Markets Act as another legal challenge still remains possible. The post Apple Loses EU Court Fight Over iOS, App Store Rules appeared first on TechRepublic. Source link
Key Takeaways Gold fell 1.6% to about $4,110 as Iran halted its ceasefire on July 8, 2026. Silver dropped 4.3% to $59.70, with the FOMC minutes showing a split Fed on rate hikes. The BLS reported just 57,000 June jobs, and traders now watch CPI data for the next Fed signal. Spot gold started the…
Ethereum has continued its recovery from the June lows and is now approaching a major technical inflection point. While the recent rally has improved short-term sentiment, the asset is still trading beneath a confluence of long-term resistance levels. Interestingly, the liquidation landscape aligns closely with these technical barriers, suggesting that ETH could first target overhead…
Meta’s Must Image tool, which launched last Tuesday, is now being shuttered by the company, according to Reuters. The social media giant released a statement on Friday announcing it would discontinue the feature: “Our intent was to provide a useful creative tool and to give people control over whether their public content could be referenced…
