“Gryphon Digital requests court dismissal of a lawsuit filed by former partner Sphere 3D, blaming their inadequate security for a “spoofing” attack which caused a loss of $500,000 in BTC. This situation highlights the tensions between crypto companies and the severe ramifications of security breaches.”
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Green Proofs of Bitcoin: A Step Towards Sustainable Crypto Mining and Transparency
Energy Web has launched the Green Proofs of Bitcoin (GP4BTC) registry, aiming to address environmental concerns by tracking miners’ energy inputs and their impact on electric grids. The registry evaluates miners on renewable energy credit purchases and participation in demand response programs, promoting transparency in their energy sources and supporting a greener crypto industry.