The fake Binance mining pool scam of "deposit ETH and get BNB with no risk" has made a comeback. The scam uses the name of a well-known exchange and uses its platform currency BNB as bait to attract users to invest. Newbies are easily deceived.
JinseFinanceThe SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Cheng YuanResearchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.
Cheng YuanAccording to the official announcement, Binance’s new coin mining has now launched the 46th project Pixels (PIXEL), a social network game based on the Ronin network.
JinseFinanceThe Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
OthersBitcoin uses half the energy that is wasted every year in the U.S.
BeincryptoCompass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
Cointelegraph
NulltxNulltx“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Cointelegraph