Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitcoin mining system. The BTC space continues to surprise and bewilder critics and fanatics alike. Kazakhstan, the network’s second most important BTC mining country, experienced an …
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Tesla CEO Elon Musk announced that Tesla now accepts Dogecoin (DOGE) as payment for the company’s merchandise. DOGE-eligible products in the Tesla store can be purchased by sending DOGE to Tesla’s Dogecoin wallet. Although it now accepts DOGE, the firm also clarified that it is not taking any other crypto. The company stated that it cannot …
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Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist. As a centralized company, Tether is able to blacklist addresses it believes are involved in crime, money laundering — or for any other reason it chooses. This is the first time Tether has blacklisted …
Alternative sports organization Fan Controlled Football (FCF) has raised $40 million in Series A funding from crypto and blockchain gaming firms to support the league’s expansion plans, including four new teams and an NFT project. The FCF was founded in 2017 by Sohrob Farudi, Patrick Dees, Ray Austin and Grant Cohen and hosted its debut …
Crypto exchanges FTX US and Bitstamp USA are working on offering stock trading, which would be a further blow to Robinhood as its share price slumps to new lows. FTX US President Brett Harrison tweeted on Tuesday that the crypto exchange is “hard at work on stocks,” commenting that a launch would be coming in …
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North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis. The type of crypto stolen has also seen a sea change according to the Jan. 13 report from the blockchain analytics firm. In 2017, BTC accounted for nearly all the crypto stolen by …
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Cybercriminals for the Democratic People’s Republic of Korea (DPRK) affirmed themselves as an advanced persistent threat to the cryptocurrency industry in 2021, Chainalysis reported. According to the blockchain-based data platform which supports government and private sectors in detecting and preventing the illicit use of cryptocurrencies, North Korean hackers stole $400 million worth of crypto last …
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In a recent report, Fidelity said that there was a high chance for more sovereign nation-states to acquire Bitcoin this year. According to the asset manager’s 2021 roundup, last year was marked with opposed developments when it comes to cryptocurrency adoption. And while it’s still too early to tell which path was more successful, the company …
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ENS, Ethereum Name Service, is a service mapping Ethereum addresses to human readable domain names ending with .eth, such as vitalik.eth instead of 0xd8da6bf26964af9d7eed9e03e53415d37aa96045. The ENS service is becoming increasingly popular among Ethereum users and others; it has become a trend to display ENS names in people’s Twitter profiles, including those for celebrities like Paris …
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A recent survey by Visa Inc has revealed the willingness of small businesses across nine countries to accept digital assets like Bitcoin, Ethereum, and others as a means of payment for their goods and services. One in four small businesses is open to accepting crypto The survey, which had over 2000 business owners in countries …
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In the crypto world, there are 4 main ways you can get REKT (“experience significant financial loss due to shady malfeasance”—in crypto terms). An exit scam is a project that simply vanishes with investors’ money during or after going live. A honeypot lures investors into vulnerable contracts that contain hidden traps locking their assets An …
Allbridge, a cross-chain bridge between EVM and non-EVM compatible blockchains, announced today that it has raised $2 million in a round led by Race Capital. Betting big on Solana’s largest cross-chain bridge One of the most ambitious cross-chain bridges on the market has just closed a $2 million funding round, and it plans on using …
Joe Rogan and internet entrepreneur Adam Curry discuss crypto during episode #1760 of the Joe Rogan Experience, aired on January 8, 2022. The pair covered various topics, including Bitcoin’s role in fixing the broken money system and why global authorities punished Facebook over its attempt to launch a cryptocurrency in Libra (now Diem). Related to …
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The State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked the Sindh High Court to ban “unauthorized operations” of crypto exchanges and impose penalties on them. Pakistani Interministerial Committee Recommends Banning Cryptocurrency and …
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Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers. Coinbase Plans to Offer Crypto Derivatives to All US Customers Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired Fairx, a regulated derivatives trading platform. Fairx is …
