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Block, Inc. launches Bitkey Bitcoin wallet in 95+ countries, Jack Dorsey backs
8.12.2023
Block, Inc. has developed a self-custody Bitcoin wallet that will be made available in over 95 countries covering six continents, empowering individuals through widened access to self-custody cryptocurrency wallets around the world. Millions of Bitcoin token holders store their cryptocurrencies...
US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate
8.12.2023
Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...
Jack Dorsey’s Block Launches Self-Custody Bitcoin Wallet ‘Bitkey’ – Here’s What You Need to Know
7.12.2023
Source: iStock Financial payment processor firm Block, co-founded by Jack Dorsey, is launching a self-custody Bitcoin wallet in more than 95 countries. On December 7, Block unveiled its self-custody Bitcoin wallet named “Bitkey.” With Bitkey, investors can own, manage, and securely...
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
7.12.2023
After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of December. Sleeping Bitcoin Stash Stirs After...
One Trading Set To Launch New Trading Venue
7.12.2023
Source: Pixabay Crypto exchange One Trading will launch its new trading venue in the next few weeks. The Block reported on Thursday that the crypto exchange, which emerged as a spin-off from Bitpanda in June this year, is set to introduce its new trading venue, F.A.S.T. One Trading claims that...
Jack Dorsey's Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
7.12.2023
Jack Dorsey's company's new self-custody wallet consists of an app, hardware device and recovery tools
FTC Is Still Trying To Block The Xbox And Activision Merger
7.12.2023
Just when we thought Microsoft’s Activision acquisition was finally set in stone two months ago, it looks like the Federal Trade Commission has made another appeal to block Master Chief and John Call of Duty’s marriage.Read more
Ethereum’s Decentralization Questioned as Block Builders Censor Transactions Tied to US Sanctions
6.12.2023
Censorship is on the rise in Ethereum as key players block transactions tied to US sanctions, undermining its decentralized ethos. Image by Kerem Goktug Kaya, DALL-E 3. A pillar of Ethereum’s original vision was decentralization—the idea that its blockchain would operate outside constraints...
Hong Kong SFC Flags Potential Crypto Frauds Involving HongKongDAO and BitCuped
6.12.2023
Source: LT/Adobe Hong Kong Securities and Futures Commission (SFC) has issued a warning to the public about potential virtual asset-related frauds involving “HongKongDAO” and “BitCuped.” Collaborating with the Hong Kong Police Force, the SFC has taken decisive action...
Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth $41M From String of 2010 Era Addresses
5.12.2023
Emerging from obscurity since 2021, a prominent bitcoin whale, originating from the 2010 period, has recently transferred 20 block rewards, equivalent to 1,000 bitcoins valued at $41.87 million based on present exchange rates. This is not the whale’s first such activity; they have previously...
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger
1.12.2023
Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...
IRL Squid Game So Depraved Players Used Condoms For Chapstick
30.11.2023
Things haven’t been going great for Netflix’s IRL version of the fictional South Korean show Squid Game. Called Squid Game: The Challenge, contestants previously claimed that the British reality competition series was rigged, with former participants seeking legal action against the show’s...
BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second
29.11.2023
In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third quarters, the objective will be to lower the gas limit per block...
With Just 0.0004% of Bitcoin’s Hashpower, Solo Miner’s 2 PH/S Effort Secures Block Reward
27.11.2023
On November 26, 2023, a stroke of remarkable luck befell a solo miner when they discovered block 818,588, verifying a total of 4,193 transactions. This achievement garnered the miner a total of 6.887 BTC, inclusive of the 6.25 BTC subsidy and transaction fees. Solo Miner’s Slim Odds Pay Off:...
Bitcoin’s Mining Difficulty Hits Record High With Sixth Consecutive Rise
26.11.2023
On November 25, 2023, the Bitcoin network marked its sixth consecutive difficulty rise, reaching a new peak at block 818,496. The difficulty soared by 5.07%, setting a record high of 67.96 trillion, a level that will persist until the next adjustment on December 9, 2023. Bitcoin’s Difficulty...
Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee
23.11.2023
Onchain data reveals a staggering incident where a bitcoin user inadvertently paid a fee of 83.65 BTC, amounting to a costly mistake of $3.1 million, in a single transaction. This blunder occurred in block 818,087, mined by Antpool, marking the highest fee ever recorded on the Bitcoin blockchain....
US Prosecutors Move to Block Former Binance CEO CZ’s Return to UAE Until Sentencing
23.11.2023
Source: Youtube/Entrepreneur ME Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024. This move comes after the $4.3 billion settlement reached by Binance with the U.S....
GoldenTree Partner Behind Firm’s Crypto Expansion Set to Leave: Report
22.11.2023
Source: Pixabay Long-time partner Joseph Naggar, who was highly influential in GoldenTree Asset Management’s expansion into crypto investments, is set to leave the company. The Block reported on Wednesday that Naggar’s exit is set to leave GoldenTree’s crypto unit in a period of uncertainty, with...
Wintermute Asia Processes Its First Options Block Trade Through CME Group
21.11.2023
The market maker partnered with CME Group to meet the growing institutional investors' interest in gaining exposure to digital assets