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HTX Integrates Lightning Network for Faster Bitcoin Payments
15.9.2024
HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times...
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Two-Year Investigation Yields Partial Recovery in Crypto Scam
15.9.2024
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing...
Regina’s Web3 Gaming Odyssey: My First Web3 Quest
15.9.2024
Regina never thought she’d be writing about games again, let alone Web3 games. But she was given the opportunity to lead a new recurring Web3 gaming segment. She is live streaming her adventure For her first game, Regina became fully immersed in the world of Spellborne — a Web3 game that...
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
15.9.2024
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3...
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
15.9.2024
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held...
Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
15.9.2024
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
15.9.2024
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing...
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
15.9.2024
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the “potential payout.”
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
15.9.2024
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns
15.9.2024
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin...
Kenya Acting to Curb AI Disinformation, President Ruto Says
14.9.2024
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after...
Tokenizing Supercars to Commodities
14.9.2024
In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of regulatory compliance, and his optimistic vision...
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
14.9.2024
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements...
Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
Miner Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
Bitfarms said the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay, sometime in December 2024.
Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence
14.9.2024
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline...