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Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power


The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity....

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months


111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...

Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%


Non-fungible token (NFT) sales have dropped considerably during the last month as cryptocurrency values have seen significant losses in recent times. NFT sales saw a quick spike when a number of crypto assets neared all-time price highs in mid-November, but sales quickly plummeted back down...

Netflix's Cowboy Bebop Live-Action Series Needs Some Damn Color


Since dropping the first official trailer in late September, Netflix has tweeted a few side-by-side comparisons of Cowboy Bebop, showing how the upcoming live-action adaptation compares to the original anime series. One takeaway of mine? It looks promising. The other takeaway? It really needs some...

First Bitcoin ETF Opens Up, CME Futures Spike Higher


The first exchange-traded fund (ETF) backed by bitcoin (BTC) futures contracts went live today on the NYSE Arca exchange. And judging from the first few minutes of trading, the new ETF received a warm welcome in the market. Launched by ETF issuer ProShares, the ETF with the ticker BITO went live...

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