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ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
The last Bitcoin: What will happen once all BTC are mined?
21.7.2023
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins
Proof-of-truth: Countering AI overreach through Cointelegraph’s Historical NFTs
19.7.2023
Investing in authenticity: Here’s how Cointelegraph’s Historical Collection combats AI’s impact on information
ZkSync launches new STARK-based proof system with a focus on mass usability
17.7.2023
The latest proof system promises better throughput than the current 100 TPS rate and reduces costs in the long term
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
Ethereum scaling protocols drive zero-knowledge proof use: Finance Redefined
14.7.2023
The top 100 DeFi tokens had a mixed week, with most of the tokens trading in a narrow range before surging on July 13 courtesy of Ripple’s partial win in its court battle with the SEC
Bitget reserves top $1.44B, claims to be debt free
13.7.2023
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report
Ethereum scaling protocols drive zero-knowledge proof use in 2023
13.7.2023
Ethereum scaling remains the primary use case behind zero-knowledge proofs according to a report from ZKValidator
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
7.7.2023
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist...
NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC
6.7.2023
The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service
Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out
5.7.2023
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify
OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City
30.6.2023
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...
‘Bitcoin Ordinals Are One of Many Ways to Represent Real-World Assets’ — Wakweli Co-Founder
29.6.2023
While non-fungible tokens (NFTs) are generally believed to represent the link between an owner and an asset, without platforms acting as “digital notaries” there can be no effective way of stopping scammers from minting and selling plagiarized works, Shaban Shaame, the co-founder...
Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum
28.6.2023
According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that approximately $1 million worth of cryptocurrency assets...
End of an Era: Over 4 Years Pass Without Self-Proclaimed Satoshis
25.6.2023
Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bitcoin. However, none of them have succeeded...
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
21.6.2023
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon
Polyhedra Network integrates zk-proof client on Core
21.6.2023
Polyhedra Network has announced integrating its zero-knowledge proof mechanism into Core. The ck-client is built on LayerZero Labs and will now help Core further build the Satoshi Plus ecosystem. Polyhedra Network has assured its commitment to working with Core DAO to drive the adoption of zk-proof...
Proof of Talk 2023: Restoring Trust in the Web3 Industry
20.6.2023
PRESS RELEASE. Paris, June 19th 2023 – Over 1,500+ attendees, VCs, founders, start-ups, industry leaders, students, developers coming from Asia, Europe and the US gathered in Paris for the Proof of Talk Summit. In a rapidly evolving and challenging crypto landscape, they discussed the pressing...