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Cryptocurrency News Articles

Coinbase's Dogecoin Debut Sparks Surge, Showcases Market Volatility

Apr 13, 2024 at 02:06 pm

Dogecoin surges 20% after Coinbase Pro listing, influenced by Elon Musk's tweet. Meanwhile, a robotic arm on the International Space Station sustains damage from space junk, highlighting the risks of orbital debris. President Biden suspends oil and gas leases in Alaska's Arctic National Wildlife Refuge, reversing Trump's decision. Cyberattacks target the global meatpacking industry, raising concerns about BBQ shortages.

Coinbase's Dogecoin Debut Sparks Surge, Showcases Market Volatility

Coinbase's Dogecoin Debut Sparks Surge, Highlighting Market Volatility

In a significant development for the cryptocurrency industry, Coinbase, one of the world's largest digital asset exchanges, has announced the addition of Dogecoin to its professional trading platform, Coinbase Pro. This highly anticipated move has sent Dogecoin's price soaring by approximately 20%, catapulting the meme-inspired token from $0.31 to $0.38.

The timing of Coinbase's decision has coincided with a tweet from Tesla CEO Elon Musk, who has repeatedly expressed his support for Dogecoin. Musk's endorsement has further fueled the token's upward trajectory, underscoring the tremendous influence that individual influencers can wield over the volatile cryptocurrency market.

ISS Endangers Space Debris Risk

Meanwhile, the International Space Station (ISS) has encountered a concerning development: a small puncture in one of its robotic arms. While the damage has not yet affected operations or the safety of the seven crew members aboard, it has raised serious concerns about the growing threat posed by space junk. As the ISS hurtles through its Earth orbit at an astounding speed of 17,500 mph, it encounters countless pieces of debris left behind by decades of space exploration and satellite launches. The ISS's puncture serves as a stark reminder of the potential risks and challenges associated with human exploration beyond our planet.

Biden Suspends Arctic Oil and Gas Leases

In an environmentally conscious move, President Joe Biden has announced plans to suspend oil and gas leases in Alaska's Arctic National Wildlife Refuge pending an environmental review. This decision reverses the previous administration's decision to sell leases in the pristine wilderness, effectively halting plans for fossil fuel and mineral development in the area. The move signals the Biden administration's commitment to protecting the sensitive Arctic ecosystem and addressing climate change.

Cyberattacks Disrupt Meat Industry, Amazon ECHO Opt-Out Deadline Approaches

In the realm of technology, a series of cyberattacks has sent shockwaves through the global meatpacking industry, raising fears of BBQ shortages. While the exact cause and extent of the attacks remain under investigation, the disruptions have raised concerns about the vulnerability of critical infrastructure to malicious actors.

Amazon customers in the United States have just one week remaining to opt out of a plan by the e-commerce giant to turn every Echo speaker and Ring security camera into a shared wireless network. This move has sparked privacy concerns among consumers, who fear that their connected devices could be used to track their activities and share their data.

Additionally, eBay has announced that PayPal will no longer be accepted as a form of payment on its platform, a decision that has left many users scrambling for alternative payment methods. The move highlights the ongoing shifts in the digital commerce landscape, as companies seek to adapt to changing regulations and consumer preferences.

Robot Dog Assists in Hazardous Environment Research

In the world of robotics, a team of scientists has developed a robot dog that is designed to assist humans in hazardous environments. The robot, named ANYmal, is equipped with sensors and a powerful body that enables it to navigate challenging terrain and perform tasks such as collecting samples and monitoring hazardous areas. This innovation holds promise for enhancing human safety and efficiency in a variety of industries, including mining, construction, and disaster response.

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Other articles published on Dec 25, 2024