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Japanese power giant Tepco explores ‘green’ Bitcoin mining

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TEPCO, Japan’s largest electric utility, is reportedly venturing into green Bitcoin mining as part of its broader strategy to align with sustainable energy practices. The move highlights the company’s efforts to integrate environmentally friendly technologies into its operations amid growing concerns over the environmental impact of cryptocurrency mining.

According to recent reports, TEPCO is exploring ways to utilize its surplus renewable energy resources for Bitcoin mining activities. The company is considering the development of mining facilities powered by green energy sources, including hydroelectric, solar, and wind power, as part of its commitment to reducing carbon emissions and promoting sustainability.

TEPCO’s initiative comes at a time when the cryptocurrency industry faces increasing scrutiny over its energy consumption and environmental impact. Bitcoin mining, in particular, has been criticized for its high energy demands and reliance on fossil fuels. In response, several companies in the sector are seeking ways to mitigate their environmental footprint by transitioning to renewable energy sources.

A TEPCO spokesperson confirmed the company’s interest in green Bitcoin mining, stating, “We are exploring innovative ways to leverage our renewable energy resources to support sustainable practices in emerging industries. By integrating green energy into Bitcoin mining, we aim to contribute to a more sustainable future while utilizing our energy infrastructure effectively.”

The exploration into green Bitcoin mining aligns with TEPCO’s broader goals of transitioning to renewable energy and reducing its overall carbon footprint. The company has been investing in various sustainable energy projects and technologies as part of its commitment to environmental stewardship and energy innovation.

Industry experts view TEPCO’s move as a significant step toward addressing the environmental concerns associated with cryptocurrency mining. By utilizing renewable energy for mining operations, the company could set a precedent for other energy providers and cryptocurrency miners seeking to adopt more sustainable practices.

As TEPCO advances its green Bitcoin mining strategy, it will likely collaborate with technology providers and industry stakeholders to develop efficient and eco-friendly mining solutions. The success of such initiatives could play a crucial role in shaping the future of sustainable cryptocurrency mining and contributing to broader environmental goals.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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