COCO PAY has prepared a digest of the most relevant web3 news for the past week. Find out what you might have missed!
The Number of Bitcoin ATMs Reaches Record Levels
As of the end of June 2024, the number of crypto ATMs worldwide reached 38,278 devices, almost equaling the record level of December 2022, when their number was 39,541. This data is provided by Coin ATM Radar.
SEC Found No Evidence of Violations at Binance.US
After 11 months of investigation, the US Securities and Exchange Commission (SEC) could not provide evidence of violations by Binance.US. Platform representatives stated that they were victims of regulatory overreach and politically motivated abuses by the SEC.
Kraken Considers Using Nuclear Energy for Data Centers
Cryptocurrency exchange Kraken is exploring the possibility of using nuclear energy to ensure uninterrupted power for its data centers. This step aims to provide 24/7 and stable access to the platform’s services.
Justin Sun’s Wealth Estimated at $1 Billion
Analysts at Arkham have updated information on Justin Sun’s wealth, an advisor to the HTX cryptocurrency exchange (formerly Huobi) and the founder of TRON. According to their estimates, his current wealth is about $1 billion.
AI Carbon Footprint Exceeds Bitcoin Mining Emissions
With the development of generative AI products and services, the carbon footprint of the largest tech companies continues to grow. For example, Amazon alone produces more carbon dioxide emissions per year than all the world’s bitcoin mining.
Pavel Durov Announced the Release of Hamster Kombat Token on TON
Telegram founder Pavel Durov expressed support for the clicker game Hamster Kombat and announced the upcoming release of the project’s token on the TON blockchain.
More news coming soon. COCO PAY – always in tune with you.
