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Bitcoin registered a loss of 1.50 percent on national and international exchanges on Friday, and the oldest cryptocurrency was trading at the price point of $17,406 (roughly Rs. 14.4 lakh). BTC, in the last 24 hours, has effectively lost up to $328 (roughly Rs. 27,168) to trade at current prices. The cryptocurrency, so far in the last two months, has not been managed to trade above the level of $18,000 (roughly Rs. 14.90 lakh). More losses than gains were recorded on the crypto price charts, as the market opened for trade amid fluctuations on Friday.

Ether moved in alignment with Bitcoin and met with price dips. With a loss of 1.50 percent, ETH is trading at $1,270 (roughly Rs. 1.05 lakh), as per the crypto price tracker by Gadgets 360.

Most altcoins recorded minor price dips on Friday. These include Binance Coin, Cardano, Polygon, Litecoin, Solana, Tron, Uniswap, and Avalanche.

Interestingly, Shiba Inu minted profits and surpassed its rival Dogecoin that saw its price fall.

Shiba Inu was joined by a several stablecoins on the profit-making side of the crypto price charts. Tether, USD Coin, and Binance USD reeled in gains on Friday.

Polkadot, Monero, Bitcoin SV, Zcash, and Neo Coin also bagged small but significant profits.

“Binance’s BNB token came under selling pressure (down 7 percent) as rumour mills continued to shill the idea of massive withdrawals from the platform. Meanwhile, OkX’s OKB token was a gainer in Binance’s loss (up 9 percent), as it’s one of the few remaining large crypto exchanges. One of the top gainers for the week was Telegram’s TON (up ~30 percent last week) after their founder announced plans to launch a wallet and DEX,” Parth Chaturvedi, Crypto Ecosystem Lead, CoinSwitch told Gadgets 360.

The overall crypto market fell by 1.30 percent in the last 24 hours. At present, the total market valuation stands at $850 billion as per CoinMarketCap.

“Closer home, CRE8, an Indian Rupee denominated Virtual Digital Asset (crypto) index was down 2.1 percent in the past seven days. The Index value stood at Rs. 2,363.51 at 8 AM, December 16, 2022. BTC and ETH continue to be the top assets by market capitalisation,” Chaturvedi noted.


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Scientists Find Wastewater Bacteria That Break Down PET Plastic

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Scientists Find Wastewater Bacteria That Break Down PET Plastic

Our environment continues to grapple with plastic pollution, with microplastics infiltrating the air, food, and water. Scientists are actively seeking methods to break down this persistent material. A new development has identified bacteria in wastewater that can degrade polyethylene terephthalate (PET), a plastic widely used in packaging and textiles. The discovery has raised hopes of reducing PET waste, which contributes significantly to microplastic contamination in water bodies. Research efforts are now focused on understanding and enhancing the plastic-degrading ability of these microbes.

Microbes Capable of Breaking Down PET Identified

According to a study published in Environmental Science and Technology, bacteria of the Comamonas genus have been found to degrade PET. Comamonas bacteria, commonly found in wastewater, were already known to grow on plastics in aquatic environments. This prompted Dr. Ludmilla Aristilde, an environmental biochemist at Northwestern University, and her team to investigate whether these microbes consume plastic as a source of energy. The study revealed that Comamonas testosteroni could break down PET, leading to the release of nano-sized plastic particles into water.

Enzyme Responsible for PET Breakdown Identified

As per reports, researchers observed the breakdown of PET after exposing it to C. testosteroni in a controlled laboratory setting for a month. Scanning electron microscope images showed that the bacteria had significantly altered the plastic’s surface, causing the release of plastic nanoparticles. Genetic analysis identified a specific enzyme responsible for breaking down PET. Further testing confirmed its role when bacteria engineered without the gene for this enzyme were unable to degrade plastic, while non-plastic-consuming bacteria equipped with the gene could digest PET.

Challenges and Future Research in Plastic Degradation

Dr. Ren Wei, a biochemist at the University of Greifswald, expressed skepticism to Science News Explore about the practical application of this discovery, stating in reports that the degradation process is too slow to significantly reduce global plastic pollution. On the contrary, Dr. Jay Mellies, a microbiologist at Reed College, viewed the findings as promising, emphasiaing that every viable method should be explored. Dr. Victor Gambarini, a microbiologist at the University of Auckland, echoed this sentiment, suggesting that further research should focus on identifying or engineering enzymes capable of degrading PET more efficiently. Efforts are now being directed toward improving the enzyme’s efficiency to make microbial plastic degradation a practical solution.

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Hubble Captures Stunning Tarantula Nebula Image, Revealing Cosmic Dust and Star Formation

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Hubble Captures Stunning Tarantula Nebula Image, Revealing Cosmic Dust and Star Formation

A striking image of the Tarantula Nebula has been captured by the NASA/ESA Hubble Space Telescope, showcasing a vast cosmic landscape filled with swirling gas and dust. Situated around 160,000 light-years away in the Large Magellanic Cloud, this nebula is known as one of the most active star-forming regions in the universe. The image reveals intricate layers of dust clouds, with dark reddish formations that block light and dense clusters appearing nearly black. Wispy pale clouds stretch across the scene, resembling smoke curling through space, while countless stars shine in shades of blue, purple, and red, reflecting their varying depths within the nebula.

Scientific Insights into Cosmic Dust

According to reports, as part of an observing programme focused on cosmic dust properties in the Large Magellanic Cloud and nearby galaxies, the nebula’s vibrant structure is composed of gaseous clouds and dense dust formations. Unlike common household dust, cosmic dust consists of carbon-based molecules or silicates containing silicon and oxygen. These particles, though minuscule in size, play a crucial role in celestial processes.

The Role of Dust in Star Formation

Researchers have found that cosmic dust is instrumental in star and planet formation. Dust grains in protoplanetary disks around young stars gradually cluster together, forming larger bodies that eventually evolve into planets. Additionally, dust helps cool interstellar gas clouds, allowing them to condense and give rise to new stars. The presence of dust also contributes to molecular formation, serving as a medium for atoms to bond in the vast expanse of space.

A Glimpse into the Universe’s Evolution

The Tarantula Nebula continues to be a focal point for astronomers studying stellar evolution and cosmic dust dynamics. As new data emerges, scientists aim to uncover further details about the nebula’s structure and the fundamental role dust plays in shaping galaxies. Observations like these contribute to a broader understanding of the universe’s complex and ever-changing nature.

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Greenland’s Ice Sheet Approaches Dangerous Tipping Point Amid Rapid Melting

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Greenland's Ice Sheet Approaches Dangerous Tipping Point Amid Rapid Melting

Greenland’s ice sheet is heading towards an irreversible tipping point that could lead to catastrophic consequences, as warned by climate scientists. The immense sheet has been losing ice at an unprecedented rate, with estimates indicating a loss of around 33 million tons per hour. A global temperature rise of just 2 degrees Celsius could trigger a collapse, potentially resulting in sea levels rising by approximately seven metres. This development threatens coastal communities worldwide and poses severe risks to marine ecosystems and global weather patterns.

Findings Highlight an Alarming Future

According to a study published in The Cryosphere, researchers developed a climate model to assess the ice sheet’s future under varying warming conditions. It was determined that an annual ice loss of approximately 230 gigatons would mark the threshold for irreversible decline. This volume represents a significant reduction from pre-industrial levels, suggesting that if current trends continue, Greenland’s ice sheet could reach a critical state by the end of the century.

Significance of Greenland’s Ice Sheet

The Greenland ice sheet is one of the planet’s two permanent ice masses, alongside Antarctica. Covering about 1.7 million square kilometres, it accounts for a large portion of the Earth’s freshwater reserves. Reports indicate that both Greenland and Antarctic ice sheets have collectively lost around 6.9 trillion tons of ice since 1994, a trend driven by human-induced climate change. Despite the alarming loss, experts believe immediate and drastic carbon emission reductions could slow or prevent irreversible damage.

Wider Implications of Accelerated Melting

Studies have revealed that ice loss is occurring at an accelerating pace across the globe. Between 2000 and 2019, glaciers worldwide lost an average of 294 billion tons of mass annually. This trend has significantly contributed to rising sea levels and disrupted ocean currents, with further warming expected to intensify these effects. Scientists caution that continued inaction may lead to widespread environmental and socio-economic disruptions.

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