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Share link:In this post: Canadian elementary school Lake Superior Academy has taken legal action against a crypto mining center over noise concerns. The mining center has reportedly been generating a high-pitched metallic hum since March. The school superintendent, Susie Schlehuber, mentioned that she tried to resolve things with the mining center without success.
Share link:In this post: VPN downloads in the UK surged after new age verification rules took effect under the Online Safety Act. Proton VPN saw a 1,400% spike in UK sign-ups, becoming the top free app on the App Store. Critics argue the law, aimed at protecting underage users, infringes on digital privacy, while Ofcom admits it’s not foolproof.
Quick Take Qubic’s “useful proof of work” mining strategy gained control over 20% of Monero’s hashrate, raising concerns over the privacy chain’s decentralization and security. Further plans by Qubic to cease hashrate reporting after Aug. 2 have raised additional concerns about a potential 51% attack that could disrupt transactions and network integrity.
- 05:51CME bitcoin futures trading volume approaches 10,000 contractsAccording to ChainCatcher, the latest data from the Chicago Mercantile Exchange (CME) shows that the total trading volume of bitcoin futures reached 9,682 contracts, with open interest at 26,930 contracts, an increase of 277 contracts from the previous period. Bitcoin options recorded 199 contracts traded, with open interest at 10,031 contracts, including 78 call options and 121 put options. Micro bitcoin futures were active, with a single-day trading volume of 52,442 contracts and open interest at 26,307 contracts, an increase of 1,964 contracts from the previous period.
- 05:28KindlyMD subsidiary commits to invest $30 million in Metaplanet's Bitcoin equity financingChainCatcher reported that Nakamoto, a subsidiary of the Nasdaq-listed healthcare services company KindlyMD, has committed to invest up to $30,000,000 in Metaplanet's global stock offering. This marks its largest investment to date and its first investment in an Asia-listed company adopting a bitcoin treasury strategy. Metaplanet announced on Tuesday that it plans to issue 385 million new shares to raise approximately $1.4 billion to support its bitcoin accumulation strategy. On August 27, Nasdaq-listed KindlyMD announced plans to issue $5 billion in shares to expand its bitcoin treasury business.
- 05:09Data: The number of ETH queued to exit the Ethereum PoS network surges again, now exceeding 1.57 millionChainCatcher news, recently, according to validatorqueue, a validator queue tracking website, the amount of ETH queued to exit the Ethereum PoS network has surged again, currently reported at 1,571,241 ETH. Based on the market price of $4,312, this is valued at approximately $6.775 billions. The estimated exit waiting time is about 27 days and 7 hours. In addition, about 815,514 ETH are queued to join the network, valued at approximately $3.516 billions. The estimated activation delay is about 14 days and 4 hours.