Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized...
Month: August 2024
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21...
Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400...
It’s time to ditch Bitcoin Power Law Theory
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is...
$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express
A brand new facial reconstruction can’t hide crypto scammer, crypto scam boiler rooms in Malaysia and the Philippines busted: Asia...
New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs
Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs...
Ancient Bitcoin Address Awakens After Lying Low Since 2011, Moves $4,142,580 in BTC at 6,426,507% Profit
An ancient Bitcoin address moved 64.59 BTC over the weekend after sitting on it for more than 13.5 years. The...
Crypto Trader Says Ethereum on Cusp of Breaking Out, Updates Outlook on Bitcoin and One DeFi Altcoin
A closely followed crypto analyst says that Ethereum (ETH) is on the brink of a swing to the upside while...
Binance Executive Detained in Nigeria Now in ‘Deteriorating Condition,’ According to CEO Richard Teng
Binance executive Tigran Gambaryan, who has now spent more than six months in a Nigerian prison, is suffering from “rapidly...
‘Pig Butchering’ Is the Most Lucrative Crypto Scam in 2024: Chainalysis
New data from market analytics platform Chainalysis reveals that “pig butchering” schemes are the most lucrative type of crypto scam...
Toncoin Blockchain Community Launches Initiative to Free Telegram Founder Pavel Durov After France Arrest
The community behind layer-1 blockchain The Open Network (TON) is rallying behind the messaging platform Telegram’s founder, Pavel Durov, who...
El Salvador’s Bitcoin bet reaps $265M profit, bolsters financial inclusion
El Salvador’s President Nayib Bukele revealed that the country has gained about $265 million after adopting Bitcoin as a reserve...
Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis
Crypto scammers are shifting from large-scale Ponzi schemes to more focused strategies like emotionally manipulative pig butchering, work-from-home scams, drainers,...
Binance and Bybit tease possible Solana liquid staking products
Crypto exchanges Binance and Bybit have hinted at launching a new Solana-related product, sparking speculation that they may enter the...
Polymarket vs BET: How crypto prediction markets differ in handling betting outcomes
Polymarket and BET are two crypto prediction markets gaining significant attention. Each leverages blockchain technology to offer unique features and...
