
UK Cybersecurity Officials Investigating Breach Affecting London Hospitals
British cybersecurity officials are investigating an alleged cyberattack on a group of hospitals in London that has led
2023-07-06 00:26

Massive amount of rare rock discovered which could power batteries for next century
A huge amount of rock has been found which could have great consequences for us all. The phosphate rock deposit, discovered in Norway, contains enough minerals to meet the global demand for batteries and solar panels for the next 100 years, according to the mining company that controls it, Norge Mining. Phosphate rock, first discovered in 1669 by German scientist Hennig Brandt, contains high concentrates of phosphorus, which is a key component for building green technologies like electric cars. But it has supply issues given the EU is dependent on imports from countries like China, Iraq and Syria, and until recently, Russia.. An article in the scientific journal Nature last year for instance warned of imminent supply disruptions of phosphorus, citing Russia’s invasion of Ukraine and the subsequent economic sanctions as a potential cause of market volatility. So finding all this rock is, in short, good news. Sign up to our free Indy100 weekly newsletter Indeed, a spokesperson for the European Commission described the discovery as “great news” for meeting the objectives of the Commission’s raw material objectives, with Norge Mining telling Euractiv that the projected 4,500-metre-deep ore body would theoretically be capable of meeting global demand for the next century. Norway’s minister of trade and industry, Jan Christian Vestre, said last month that the government was considering fast-tracking a giant mine in Helleland once analysis is completed on 47 miles of drill cores. If approval is given, the first major mine could begin operation by 2028. The mining plans already have the support of the European Raw Materials Alliance, according to local reports, while local consultations continue. Rock on. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-06 00:23

Elaborate 'Entrance to Hell' discovered underneath a church
Just when you thought 2023 was already going pretty badly, an “entrance to the underworld” has been found under a Mexican church - so, that can't be a good omen. It is, however, a very interesting find: the ancient structure was once believed to be an opening to hell and it was discovered in the site of Mitla near Oaxaca. It consists of a labyrinth leading underground used frequently by the Zapotec culture, who lived in the area for around 2200 years until the Spanish conquests in 1521. While the structure has its origins much earlier, the site was expanded by the Zapotecs and it was used extensively until a Church was later built over it after they left the area. Sign up to our free Indy100 weekly newsletter Around the late 16th century CE, after the Spanish had welcomed themselves to the Americas, a Catholic church and other structures were plonked on top of the site. Traditionally, the ancient Zapotecs believed the ruin to be a doorway to the world of the dead, and it’s thought that the entrance to the passages could be through the main altar of the church. Teams from the Mexican National Institute of History and Anthropology (INAH), the National Autonomous University of Mexico (UNAM), the Association for Archaeological Research and Exploration and the ARX Project all collaborated on the findings. They used geophysical scanning to uncover the complex of tunnels. However, perhaps the most significant discovery was an area measuring around 16 to 26 feet below the ground which could be a large chamber. It’s an exciting development, and as only the first round of surveys has taken place this is just the beginning. Project Lyobaa: Revealing the Underworld of Mitla, Oaxaca www.youtube.com The ARX Project, one of the grounds behind the discovery, released an announcement saying: “In 1674, the Dominican father Francisco de Burgoa described the exploration of the ruins of Mitla and their subterranean chambers by a group of Spanish missionaries. Burgoa’s account speaks of a vast subterranean temple consisting of four interconnected chambers, containing the tombs of the high priests and the kings of Teozapotlán. “From the last subterranean chamber, a stone door led into a deep cavern extending thirty leagues below ground. This cavern was intersected by other passages like streets, its roof supported by pillars. According to Burgoa, the missionaries had all entrances to this underground labyrinth sealed, leaving only the palaces standing above ground,” it continued. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-06 00:00

Binance market share takes regulatory hit, its US affiliate shrinks
By Medha Singh The market share of Binance, the world's largest cryptocurrency exchange, and its U.S. affiliate have
2023-07-05 23:29

Coinbase Downgraded as Analyst Says Crypto Uncertainty Dims Outlook
The uncertainty swirling around Coinbase Global Inc. has made it too difficult to forecast how much revenue the
2023-07-05 20:51

Meta Won’t Offer Threads App in the EU on Regulatory Concerns
Meta Platforms Inc.’s Threads app — the social network rolling out this week to take on Twitter Inc.
2023-07-05 19:19

Scientists discover life living deep beneath the ocean floor
The secret to life on distant planets could lie beneath the ocean floor, according to staggering research. A rich tapestry of microbes uncovered from rocks hundreds of feet down among the ocean crust proved an illuminating discovery for authors of a study first published in 2020. The single-cell organisms that live off methane in the South Pacific were far more plentiful in number than expected after being uncovered during an expedition in 2010. It came when the Integrated Ocean Drilling Program (IODP) collected samples from 400 feet below the ocean crust. Sign up to our free Indy100 weekly newsletter The sheer number of microbes they found in the rock samples surprised them, with the rocks containing an enormous 10 billion bacterial cells – a huge increase compared to normal levels on the seafloor, which normally only measure around 100 bacterial cells per cubic centimeter. "I thought it was a dream, seeing such rich microbial life in rocks," Yohey Suzuki from the University of Tokyo said. The signs are certainly encouraging when it comes to searching for life on Mars and other planets in the solar system, especially as the findings of the study suggested that the microbes were there organically and not influenced by underwater volcanoes. "Minerals are like a fingerprint for what conditions were present when the clay formed. Neutral to slightly alkaline levels, low temperature, moderate salinity, iron-rich environment, basalt rock—all of these conditions are shared between the deep ocean and the surface of Mars," Suzuki said. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-05 18:53

Bitcoin price hits 2023 high as ‘bullish event’ looms
The price of bitcoin has experienced the strongest first half of a year since 2019, nearly doubling in value since the start of 2023. The world’s leading cryptocurrency reached above $31,000 this week, up from $16,000 in January, pushing its market cap above $600 million for the first time in more than a year. Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 per cent, could be one factor behind the cryptocurrency’s positive price trend. Bitcoin’s halving takes place roughly every four years, with the crypto’s price cycles viewed by many traders and investors as being intrinsically link to the event. Sometimes referred to as “the halvening”, the seismic event is built-in to bitcoin’s technological foundations, and is aimed at making the digital currency anti-inflationary by reducing its supply. “The months prior to the halving have historically seen the start of a bullish trend for the market, hence the market participants are carefully looking at the second half of 2023,” Matteo Greco, a research analyst at the fintech investment firm Fineqia International, told The Independent. “Riot Platforms, an industry leader in bitcoin mining and data centre hosting, announced a $162 million investment to purchase 33,280 miners, aiming to nearly double its computational power in anticipation of the next halving.” Mr Greco pointed to the cryptocurrency litecoin, once referred to as the silver to bitcoin’s gold, which typically experiences its halving event a few months before its more famous rival. In the months leading up to Litecoin’s halvings in 2015 and 2019 its price saw massive gains, which were then replicated by bitcoin. Litecoin’s next halving is currently scheduled for 3 August 2023 and it is once again experiencing a significant price increase, outperforming broader market trends. “Litecoin often served as a sentiment metric on the bitcoin halving,” Mr Greco said. “The big increase in price, while most of the altcoins keep lagging, suggests bullish sentiment is increasing ahead of the next BTC halving.” Bitcoin’s halving is currently scheduled for 26 April, 2024, with pseudonymous crypto trader PlanB noting another historic price trend that could signal more gains over the coming months. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ [trading strategy],” he tweeted on Monday. “The next halving is in April 2024... Will this strategy work again?” Read More How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin Could Norwegian fjords and waterfalls stop bitcoin from destroying the planet?
2023-07-05 18:22

Danish Regulator Orders Saxo Bank to Stop Own Trading in Crypto
Denmark’s financial watchdog ordered Saxo Bank to dispose of its own holdings of cryptoassets, saying banks aren’t allowed
2023-07-05 18:18

Supermoon completely dwarfs plane as it flies through Oregon skies in spectacular clip
July's Buck supermoon could be seen around the world lighting up the skies at the start of this week, but incredible new footage is showing the sheer scale of the phenomenon. A plane flying over the skies of Oregon is going viral after being filmed getting completely eclipsed by the moment. In the footage of the giant moon, the tiny plane goes flying past, and looks absolutely minuscule in comparison to the planet. Click here to sign up for our newsletters
2023-07-05 18:00

Tesla Tests the Limits of Elon Musk’s Minimal Model Strategy
There was a lot to like in Tesla Inc.’s latest quarterly numbers. The carmaker delivered roughly 18,000 more
2023-07-05 17:55

What does Twitter’s ‘rate limit exceeded’ restriction mean?
Thousands of Twitter users reported problems with the social media platform this weekend, with many receiving a message saying “rate-limit exceeded” on their personal feed page meant for curated content. Many users complained of several issues over the weekend, such as disappearing timelines, an inability to retrieve or send out their own tweets or even send a direct message. Users could scroll only a limited number of times on their curated “For You” personal feed pages before hitting limits. Twitter owner and chief technology officer Elon Musk explained on Saturday that the platform was issuing temporary reading limits with verified accounts being restricted to reading 6,000 posts a day. Mr Musk said the new restriction was applied “to address extreme levels of data scraping and system manipulation”. The Tesla chief then later added that the “rate limits” were increasing to “8,000 for verified, 800 for unverified and 400 for new unverified”. He then followed it with another update, raising the limits to 10,000, 1,000 and 500 respectively. It remains unclear for how long the new restrictions will be in place as many users continue to face the “Rate limit exceeded. Please wait a few moments then try again” message. Mr Musk has been attempting to generate more revenue for Twitter by making changes to the platform’s policy regarding the use of its API – the system used to communicate with other services. The Tesla and SpaceX chief has previously expressed displeasure with third-party clients, including artificial intelligence firms, using Twitter’s data to train their AI models. The company has been cutting its free API support, which has effectively killed off third-party services that rely on it. Commenting on the outage, Adam Leon Smith of BCS, the UK’s professional IT body, said while data scraping may be “part of the reason”, there are likely to be “underlying technical problems” on the platform. “The alleged data scraping could well be caused by Twitter now charging exorbitant fees for API access, which may have led to a secondary market for tweet data,” he said. Mr Musk retweeted an Elon Musk parody account that said “we are all Twitter addicts and need to go outside”. “I’m doing a good deed for the world here. Also, that’s another view you just used,” the tweet read. Read More Jack Dorsey calls for ‘open internet’ as Musk imposes new reading limits on Twitter Twitter limits number of tweets people can read in a day, Elon Musk announces Is Twitter down? Thousands of users complain of issues with social media website and app What does Twitter’s rate-limiting restriction mean? ‘Rage-baiting’ leftist Twitter account is probably fake, expert says How to delete your Twitter account
2023-07-05 17:49