MicroStrategy is Only HODLing Bitcoin, Says the CEO


  US-based software developer MicroStrategy has adopted its strategy to heavily invest in bitcoin (BTC) in a bid to survive in a tech market dominated by significantly bigger competitors, according to Michael Saylor, the company’s CEO. He also confirmed his holder stance, declaring that his firm...

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining


The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....

New Investors and $400 Million Funding in Secret Network


Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...

Google Cards to Offer Bitcoin Storage Services to Consumers


In what could be considered as one of the significant developments for the cryptocurrency domain, Google’s digital cards might enable users in the future to hold the Bitcoin and spend the fiat currencies in return for making transactions. In order to achieve this functionality, Google is reportedly...

Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day


  Bitcoin (BTC) mining difficultly is likely to break its all-time high in less than a day, cutting into the already decreasing profit margins of BTC miners.  At 10:23 UTC, Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to go up 9%...

Intel to Unveil an Energy-Efficient Bitcoin Mining Chip


Intel, the globe’s 2nd largest semiconductor chip maker, seems to be preparing to unveil a Bitcoin mining chip. This same organization does have a demonstration planned under the “Highlighted Chip Releases” classification for this year’s ISSCC meeting to display a “Bonanza...

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