cryptocurrency

Jito's Solana Summer? Why JTO is More Than Just Hype

Jito's Solana Summer? Why JTO is More Than Just Hype

Forget the da meme coins and the temporary NFT trends. There’s something exciting happening on Solana, and it’s called Jito (JTO). We know you’ve seen the rumors and you definitely saw the price increase. Maybe you even dismissed it as another crypto project that was all hype. That's where you'd...

5 Altcoins Ready To Moon? Here's The Tea, Bestie!

5 Altcoins Ready To Moon? Here's The Tea, Bestie!

Okay, let's be real for a sec. Raise your hand if you’ve ever thought that the whole established investing universe was completely stacked against you. I vividly recall attempting to wrap my head around stocks vs bonds way back when. I found it difficult to understand the simplest aspects of...

Ledger to Open Source Recover Code Following Community Concerns

Ledger to Open Source Recover Code Following Community Concerns

Ledger, the hardware wallet maker that has faced fierce criticism for its controversial key recovery service, Ledger Recover, will open source the code for that service. This decision follows a period of community backlash and a temporary pause of the cloud-based solution, which was initially introduced in 2023. The company...

Ledger's One-Tap Recovery: Is This the End of Seed Phrases?

Ledger's One-Tap Recovery: Is This the End of Seed Phrases?

Introduction to the Crypto UpdateOverview of the Current Crypto MarketThe rapid-fire world of cryptocurrency is always exciting, with fresh news, industry developments, price volatility and regulatory updates all occurring seemingly in a nano second of each other. For those deeply invested in crypto, such as those who mine Bitcoin like...

Ledger's One-Tap Recovery: Convenience vs. Control – A Risky Trade?

Ledger's One-Tap Recovery: Convenience vs. Control – A Risky Trade?

Ledger's new one-tap recovery key. Sounds slick, right? Enjoying speeds as secure and blazingly fast as upgrading from a clunky dial-up modem to fiber. In this world of crypto, where you are your own bank, sometimes comfort, convenience and safety are mutually exclusive. One big cost—it might be your whole...

Ledger's Offline Recovery Key: Is It the Future of Crypto Security?

Ledger's Offline Recovery Key: Is It the Future of Crypto Security?

Ledger has led the industry in delivering proven hardware wallet security for years. Now, they're introducing a new approach to securing your crypto assets: the Offline Recovery Key. This breakthrough makes backing up seed phrases a breeze. How does it stack up against today’s alternatives, and what does it mean...

Bitcoin's Green Mirage Why Promises of Eco-Friendly Mining Fail

Bitcoin's Green Mirage Why Promises of Eco-Friendly Mining Fail

You've heard the promises: Bitcoin, the decentralized digital currency, is going green. As a result, miners are starting to adopt renewable energy. Digging deep, due to new technologies the mining process is more efficient and pretty soon Bitcoin will actually be good for the environment. Sounds great, right? Let's cut...

Bitcoin Hashrate Plummets Amidst Iranian Unrest and Rising Energy Costs

Bitcoin Hashrate Plummets Amidst Iranian Unrest and Rising Energy Costs

Bitcoin’s hashrate plummeted, raising fears and provoking wild speculation among bitcoiners. The decline, which began in mid-June, coincided with both geopolitical events in Iran and rising electricity costs, raising concerns about the network's stability and the profitability of Bitcoin mining. A full explanation remains well beyond our grasp. The juxtaposition...

Bitcoin's Environmental Footprint Sparks Growing Concerns

Bitcoin's Environmental Footprint Sparks Growing Concerns

Bitcoin, the world’s first and most successful cryptocurrency, has transformed the landscape of digital finance, but its environmental consequences are raising alarm bells. The implications of bitcoin mining’s energy consumption are dire and alarming. Its massive ecological footprint, creation of e-waste, and overconsumption of natural resources have left environmentalists rattled....

Bitcoin's Dark Side: Unmasking the Environmental Cost

Bitcoin's Dark Side: Unmasking the Environmental Cost

Bitcoin, the first and most well-known of cryptocurrencies, has changed world finance forever, but its concerns about environmental impact are quickly gaining attention. LeeChiaJian, a keen observer of the crypto world, explores the hidden environmental consequences of Bitcoin mining, offering a balanced perspective and actionable insights.The Alarming Energy Consumption of...