Robinhood’s crypto traders have long badgered the company to introduce depocash app to buy bitcoin redditsit and withdrawal functionality for digital assets, with the calls having grown this year as fiery-eyed Dogecoin fanatics converged on the platform.
September 12th - Alonzo hard forkgrimes crypto art nftThe third-largest asset in crypto is set to implement smart contracts to its mainnet as part of the upcoming Alonzo hard fork. After a four-year wait, developers will finally be able to build dapps and programs on the chain. There are, however, concerns around the efficacy of Cardano’s UTXO model. A testnet AMM designed for high throughput dapps struggled to handle transaction demand. Cardano (ADA) is up ~2% and is up ~107% in the last 30 days.
Top 10 Crypto SummaryIt was a bumper week for large-cap assets on the Brave New Coin market cap table with many assets enjoying double-digit gains. Solana rose another spot on the table, from 7th to 8th, and is up ~46% in the last seven days. Pyth went live on Solana a week ago. Pyth Network is a decentralized, cross-chain data oracle that is set to make dapp building easier by creating a funnel for real-time market data to DeFi applications.Bitcoin surged past the US$51,000 price level this week and looks primed to rise higher. Glassnode reports that long term holders continue to accumulate BTC. At present, the majority of on-chain volume represents coins that have moved in the last month. That means older coins are staying put with the hands of long-term investors. Glassnode suggests that this is a bullish indicator.What's a CryptoPunk and why are CryptoPunks so valuable? We look at the trends driving the booming NFT market - and ask what happens next?Non-Fungible-Tokens are crypto’s hottest investment space so far in 2021, with millions in trades and rare works like Beeple’s EVERYDAYS: THE FIRST 5000 DAYS, selling at a Christie’s auction in March for $69,346,250 - setting the record for the most expensive NFT ever sold.
As the NFT market continues to explode, the nascent sector was given further legitimacy this week with an announcement that CryptoPunks are going Hollywood.The Hollywood Reporter reports that the CryptoPunks NFT project has signed with United Talent Agency for representation across film, TV, video games, publishing, and licensing. The UTA will also represent Meebits and Autoglyphs, two other NFT projects created by Larva Labs.Heart-rot fungi only move in when trees are mature, feeding on the dead wood at the centre of an ancient tree. When holes begin to form, the wood softens then insects and other species such as woodpeckers are able to excavate it further. Over time, a hollow forms and the cavity floor is lined with wood mould, a rich soil-like mulch.
"Heart-rot species are key," says Rutter. "These fungi are able to break down the lignin, the very hard part of the wood which is normally incredibly indigestible. Many heart-rot fungi happily eat the central dead wood without harming the living tissue on the outside – and can co-exist with a tree for 600 or 700 years. We want a tree to live a long time so the habitats can continue for as long as possible."To try and mimic this process in younger trees, Ancients of the Future is growing heart-rot fungi on blocks of wood in the lab, inserting the blocks into holes cut in young trees and recovering them with bark. They are left that way for a few years, then the blocks are removed to see if the fungi have taken hold inside the tree.The project is not the first to try this technique – fungi inoculation has been trialled before in North America where researchers found that fungal inoculation could reduce decay time from 100 years to just three when used in combination with traditional methods.Boddy explains why this new method of veteranisation may work better than previous methods: "We’re putting the fungi we want where we want it, rather than just hoping it turns up."
She explains that the hollowing of ancient trees by fungal decay, previously seen as detrimental, is a natural part of the ageing process and can even prolong the lives of trees, feeding them nutrients from the inside.Boddy's team has been using a new, minimally damaging DNA sampling technique to analyse the inoculated wood. It means the researchers are able to take a much smaller sample from the tree and get much more detailed information.
"Fungi are all around us," says Boddy. "Inside every tree trunk, every leaf, every stem, every bit of plant that’s decaying on the floor, in the soil beneath our feet. But we can’t see them which makes studying them very difficult. Now that we can extract DNA we can see exactly what’s there."Boddy is optimistic that fungal inoculation could help speed up the ageing process, and that it's possible to bridge the gap between the ancient trees of today and those of the future. But it’s still too soon to tell. Variables such as tree and fungus species, and climate change will have an impact. And we still know very little about heart-rot – how fungi get inside a tree in the first place, how their communities change over time or how that affects decay.These efforts are also a temporary fix. So, what can we do differently to ensure we never see a generational gap like this again? The Ancient Tree Forum offers land owners advice on how to care for their ancient trees – putting up barriers to protect them from livestock, clearing nearby vegetation that is competing for light, creating a root protection zone and propping up heavy limbs or bracing ageing trunks.The Woodland Trust calls for full legal protection for all ancient trees to prevent further loss, and enforcement of government urban development policies that prevent encroachment on ancient woodlands. Such woodlands could be identified through inventories and more research done into the buffers necessary to protect ancient woodlands from nearby development sites.
In the context of the global biodiversity crisis, with many species in sharp decline, the intricate worlds inside ancient trees might seem like a small piece of the puzzle. But without the unique habitats provided by ancient trees, the health of the wider forest ecosystem – from fungi to butterflies – could be compromised."We need to think beyond our own lifetimes and look after the trees we’ve got now, to give them a chance to grow into ancients," says Rutter. "Trees are fragile, complex chemical factories and major hubs for biodiversity. Without them, many species won’t survive."--The emissions from travel it took to report this story were 4.8kg CO2, travelling by car. The digital emissions from this story are an estimated 1.2g to 3.6g CO2 per page view. Find out more about how we calculated this figure here.
Aaron Jones honoured his late father by scoring four touchdowns as the Green Bay Packers beat the Detroit Lions.Last season's Most Valuable Player Aaron Rodgers threw for four touchdowns as Green Bay fought back to win 35-17.
The government is poised to step in to tackle the gas price crisis and carbon dioxide shortage, Business Secretary Kwasi Kwarteng has said.The move comes as rising wholesale gas costs are forcing smaller providers out of business.
Mr Kwarteng told the BBC that lending money to bigger firms to help them take on stranded customers was an option.He also said the government could subsidise the country's biggest carbon dioxide producer to bolster supplies.The firm, CF Industries, has halted production at two UK plants because rising gas costs, caused by higher demand due to cold weather in Europe and Asia, have made them unviable.Carbon dioxide is essential to the frozen food industry and the shortage has raised fears of more gaps in grocery supplies.Mr Kwarteng said he had spoken twice to CF Industries' chief executive and was looking at ways to ensure production would resume "as quickly as possible", including subsidies.However, he ruled out nationalising the company, saying he was "averse" to the idea.
Mr Kwarteng denied that failed energy companies would get government bailouts, saying: "I do not think it's the right thing for taxpayers' money to be injected into companies that have been badly run."However, he said the government was exploring the possibility of lending money to bigger energy firms to help them absorb the cost of taking on new customers from companies that had gone bust.
"If we do have this policy, they will be expected to pay back the loans," he added.Limits on how much energy firms charge customers will stay, the government and the energy regulator have said, despite the price of wholesale gas reaching record highs.
On Monday, Mr Kwarteng and energy regulator Ofgem dismissed suggestions that the cap on energy prices would be lifted, saying that keeping it was the "clear and agreed position".Customers on some tariffs are protected from sudden hikes in wholesale gas prices through the energy price cap.
This limits how much firms can charge per unit of gas.The price cap covers 15 million households across England, Wales and Scotland.Customers will still continue to receive gas or electricity even if the energy supplier goes bust. Ofgem will move your account to a new supplier, but it may take a few weeks. Your new supplier should then contact you to explain what is happening with your accountWhile you wait to hear from your new supplier: check your current balance and - if possible - download any bills; take a photo of your meter reading
If you pay by direct debit, there is no need to cancel it straight away, Citizens Advice says. Wait until your new account is set up before you cancel itIf you are in credit, your money is protected and you'll be paid back. If you were in debt to the old supplier, you'll still have to pay the money back to your new supplier instead
On Monday, Mr Kwarteng dismissed fears of energy shortages, saying: "There is absolutely no question of the lights going out or people being unable to heat their homes."However, the price cap means firms are unable to pass on higher wholesale costs, which is forcing some - mostly smaller companies - to go out of business.
The boss of one small firm, Utilita, told the BBC that it was not taking on any new customers because it could not afford to buy enough extra gas to supply them.Utilita chief executive Bill Bullen said that for every 1,000 new customers the firm attracted, it would have to take on £250,000 in additional costs per week.
He said the government would end up spending billions of pounds on the crisis.This money "would have been better spent on getting customers to reduce their energy consumption", he added.If an energy firm collapses, customers are automatically switched to a tariff provided by the new supplier. This is a tariff agreed with the regulator Ofgem, but it may well be more expensive than the deal they had with the former company which went bust.What is the energy price cap?
The energy cap is the maximum price suppliers in England, Wales and Scotland can charge customers on a standard - or default - tariffOfgem sets the cap level for summer and winter based on the underlying costs to supply energy
Energy bills are already due to rise by an average of £139 a year in October, but the price cap restricts further price hikes over winterThe current price cap is £1,138 a year for standard tariffs, but will rise to £1,277 in October
Presentational grey lineThe cost of the wholesale price surge is partly being covered by a 12% rise in the energy price cap next month - the maximum price suppliers are allowed to charge customers on a standard tariff.