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Ethereum, the second most popular cryptocurrency after Bitcoin, creates the NFTs. The average NFT generates 440 pounds of carbon—the equivalent of driving 500 miles in a gas-powered car—producing emissions 10 times higher than the average Ethereum transaction. The Qubit incident was a breach of a private exchange, not of the blockchain itself. It will be seen as the last https://theleadbtc.org in a weeklong string of events that had degraded confidence in crypto generally. But for many of us standing on the sidelines with crypto FOMO, this was a week to feel relieved about what we missed out on.

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