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• The article discusses the effects of climate change on the arctic.
• It explains how temperatures are rising, resulting in a decrease in sea ice and other consequences.
• The article also highlights the impact these changes have on wildlife, ecosystems, and human communities living in the arctic regions.

Introduction

Climate change is having a profound effect on the Arctic region, with rising temperatures creating a host of environmental impacts that range from melting sea ice to altering ecosystems and affecting human communities that live there.

Temperature Increase

The Arctic region is experiencing some of the most drastic effects of climate change with temperatures increasing at twice the global average rate. This has resulted in a dramatic decrease in sea ice coverage over recent decades, with predictions that it could be gone entirely during summer months by 2050 or earlier. In addition to this, permafrost – which is soil that has been frozen for two or more years – is thawing due to higher temperatures.

Impact on Wildlife

These effects are having an impact not only on humans but also wildlife that inhabit this area such as polar bears and walruses who rely heavily upon sea ice for survival. There are fears that if temperatures continue to rise at their current rate, these species may become extinct within our lifetime due to habitat loss and increased competition for resources as their traditional environment changes rapidly before them.

Ecosystem Change

The changing environment also has implications for entire ecosystems which have evolved to thrive under specific conditions created by cold weather and seasonal cycles. With warmer temperatures come new species from more temperate areas who may out-compete existing ones or disrupt established food webs and nutrient cycles; this could lead to an overall reduction in biodiversity across the region as well as reduced productivity of fisheries.

Human Communities Affected

Finally, climate change can also affect human communities living near or within arctic regions through higher energy costs due to melting permafrost damaging infrastructure such as roads or buildings; it can also increase water levels making certain areas inaccessible or inhabitable due to flooding; health problems such as heat stroke can become more common; food security may be threatened due to changes in crop yields caused by extreme weather events like floods or droughts; and finally tourism may suffer if key destinations become too dangerous or difficult for people to visit due to rising risk from extreme weather events like storms or wildfires.

In conclusion, climate change is having a devastating effect on the Arctic region with far-reaching impacts both now and into the future unless we act quickly to reduce our emissions and limit global temperature increases before it’s too late.

Hive Delays Financial Filings Until End of February

• Hive Blockchain, a Bitcoin (BTC) mining company has delayed its interim financial statements for the three- and nine-month periods ending Dec. 31, 2022.
• It applied to the British Columbia Securities Commission for a management cease trade order that restricts its CEO and chief financial officer from trading shares until the filing is completed.
• Hive said it will now file by Feb. 28 and expects to do so by Feb. 21.

Hive Blockchain Delays Financial Filings

Hive Blockchain, a Bitcoin (BTC) mining company, has applied for a management cease trade order with the British Columbia Securities Commission which restricts its CEO and chief financial officer from trading shares until it completes its latest financial filings. The filings were due by February 14th but Hive has delayed them until February 28th due to an unforeseen tax notice in relation to one of its European subsidiaries.

British Columbia Securities Commission Penalties

The British Columbia Securities Commission states that companies filing interim statements late receive a penalty of 200 Canadian dollars ($149) and are subject to potential cease trade orders without further notice.

Impact on Share Prices

HIVE shares on the Toronto Stock Exchange Venture exchange (TSXV) have increased 8.9% at 4.40 Canadian dollars at the time of writing following this news announcement.

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About Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London who wrote this article about Hive’s delayed filing announcement .

Bullish Bitcoin: On-Chain Metrics Show 20% Increase Since January

• Bitcoin on-chain metrics look bullish according to Bitfinex report
• Data from Glassnode shows the “in profit” measure of market sentiment has risen 20% since January
• The trend is healthy for the latter half of a bear market, providing a good buy signal for the following two years

Bitcoin On-Chain Metrics Bullish

The supply „in profit,“ a measure of market sentiment, has risen 20% since January according to data from Glassnode. Bitfinex analysts have reported that this implies larger and longer term investors currently hold profitable on-paper spot positions. This trend is considered healthy for the latter half of a bear market as it provides a good buy signal for the following two years.

Bitfinex Report Highlights

Bitfinex analysts reported that this trend could be seen as bullish for bitcoin and other cryptocurrencies in terms of on-chain metrics. The report highlighted that although bitcoin and the wider crypto market have been trading well below all time highs reached in November 2021, cryptocurrencies are still showing encouraging signs in terms of market sentiment.

Data From Glassnode

Glassnode reported that since early January, bitcoin’s “in profit” indicator has increased by over 20%. This means that more coins whose price at their last movement was lower than its current price are now being held by investors. It also suggests that longer-term investors are beginning to adopt an optimistic outlook towards bitcoin prices overall.

Market Sentiment Positive Sign

Overall, Bitfinex reports that this increase in „in profit“ supply suggests positive sentiment towards bitcoin and other cryptocurrencies. This trend could potentially provide a good buy signal for cryptocurrency prices in 2021 and beyond as more long-term investors enter the space with optimism about future price trends.

Crypto Market Performance

Despite overall bearishness regarding bitcoin prices throughout 2021, these on-chain metrics suggest there may be light at the end of the tunnel. By looking at indicators such as „in profit“ supply, traders can gain valuable insight into how long term investor sentiment may affect future performance and make more informed decisions when determining when to enter or exit positions within crypto markets.

NFTs Join Bitcoin: Community Debates New Use Case for Blockchain

• Ordinals, a protocol that stores non-fungible tokens (NFTs) on the Bitcoin blockchain, has sparked a debate in the crypto community
• Bitcoin purists believe that the blockchain should be restricted to financial transactions only
• Others argue that it is large and versatile enough to host a range of use cases, like meme-themed art

What is Ordinals?

Ordinals is a new protocol that stores non-fungible tokens (NFTs) on the Bitcoin blockchain. It uses „inscriptions,“ or arbitrary content like text or images that can be added to sequentially numbered satoshis or „sats“ – the smallest units in Bitcoin – to create unique „digital artifacts“ that can be held and transferred across the Bitcoin network like any other sats. Inscriptions are finally ready for Bitcoin mainnet.

Debate Over NFT Project Ordinals

The debut of Ordinals has driven a wedge between those who want to restrict blockchains to financial transactions only and those who think they should also support other use cases such as meme-themed art. Some see this as an attack on the original mission of bitcoin while others embrace it as part of its evolution.

Technological Requirements for NFTs

In order for NFTs to work on Bitcoin’s blockchain, two technical upgrades were required: Segregated Witness (SegWit) and Taproot. SegWit helped scale Bitcoin by introducing a block field for witness data – signatures and public keys for Bitcoin transactions. Taproot then resolved any security concerns allowing old SegWit restrictions to be removed and allowing large chunks of NFT data to be stored on-chain. This paved the way for Ordinals which leverages these technologies.

Existential Debate Among Crypto Community

The launch of Ordinals has sparked an existential debate among members of the cryptocurrency community about what purpose blockchains should serve, with some arguing they should remain focused purely on financial transactions while others advocating they can host a range of different use cases including NFT projects like Ordinals.

Conclusion

Ordinals offers an exciting new opportunity for developers and users alike with its ability to store digital assets natively on the Bitcoin network, but not everyone is convinced it’s right fit for bitcoin’s mission which could lead further divisions within the cryptocurrency community going forward.

LayerZero Denies Keeping ‚Backdoor‘ Secret, Uniswap Vote Looms

• Nomad, a LayerZero competitor, has accused the platform of keeping a “backdoor” secret.
• LayerZero CEO Bryan Pellegrino denies the accusations and says that its security practices are open and developers can set their own parameters.
• The allegations come just before Uniswap votes on whether to partner with LayerZero.

Allegations Against LayerZero

Nomad, a LayerZero competitor, has accused the platform of keeping a “backdoor” secret. According to Nomad founder James Prestwich, this backdoor-like capability could let LayerZero bypass security controls to pass data between blockchains without anyone’s permission. In a tweet outlining his findings, Prestwich said that this could potentially allow LayerZero to „unilaterally steal or move around funds locked up with platforms“ using its services.

LayerZero Denies Accusations

Bryan Pellegrino, co-founder of LayerZero, denied these accusations and stated that the project does have backdoor-like capabilities but never tried to hide them. He also said that every application has the ability to select their own security properties and all they have to do is set their configuration so there’s nothing anybody can ever do. Pellegrino suggested Prestwich’s motives may be tied to an upcoming Uniswap governance vote which will decide who will be chosen as the bridge provider.

Uniswap Governance Vote

The allegations from Nomad came just before Uniswap votes on whether or not it should partner with Layer Zero for bridging services. This vote in Uniswap’s governance system is important as it decides which company will provide bridging services for Uniswap users.

Competing Bridge Providers

Pellegrino said competing bridge providers such as Nomad and Wormhole have the same capabilities as Layer Zero and should not be presenting themselves as more secure alternatives when they all share similar features.

Concluding Thoughts

At this time, it remains unclear who Uniswap will choose as its bridge provider and what impact this decision could have on DeFi applications in general. It is important for users of any DeFi protocol to thoroughly research any potential risks associated with relying on third party service providers like bridge networks before making any investments or transactions involving digital assets.