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Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale
10.7.2024
According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still selling miners for small operations, that survive by hiding their...
Indian Authority Uncovers Large-Scale Crypto and Hawala Operation, Arrests Key Player
21.6.2024
India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an “illegal foreign remittances case” involving cryptocurrency. The investigation uncovered that a Delhi-based company sold...
Ronin to scale Web3 games with new zkEVM
18.6.2024
Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions
The acquisition of CTG by Uniswap Labs will scale up onchain experiences
11.6.2024
CTG (Crypto: The Game) is well known as an interactive and onchain internet game among gaming enthusiasts. The creative team at the CTG will become a part of the Uniswap Labs, and they will continue their mission by working on the much-awaited Season 3. The creative team at CTG is passionate about...
Bitname Introduces the First Full-Scale Name Service for the Bitcoin Ecosystem
6.6.2024
PRESS RELEASE. Bitname, the first name service provider encompassing the entire Bitcoin ecosystem, is introducing a new protocol standard, SRC101, for Bitcoin Stamps. It allows permanent storage of domain assets on Bitcoin and supports the interconversion and resolution of all Bitcoin address...
Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology
4.6.2024
Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin...
Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’
12.5.2024
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that he believes it is “illegal...
BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace
1.5.2024
BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors.
The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
Man Charged in ‘Cryptojacking’ Scheme for Stealing Cloud Computing to Mine $1M in Crypto
16.4.2024
US prosecutors have charged a man with wire fraud and money laundering in connection with a large-scale illegal 'cryptojacking' operation.
The post Man Charged in ‘Cryptojacking’ Scheme for Stealing Cloud Computing to Mine $1M in Crypto appeared first on Cryptonews
Bitz Casino Review: Crypto Gaming on a New Scale
12.4.2024
Playing with cryptocurrency is one of the main requests of modern players in 2024. This need of users began to be fulfilled last year by Bitz crypto casino, which opened last year.
The post Bitz Casino Review: Crypto Gaming on a New Scale appeared first on Cryptonews
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
10.4.2024
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network
Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
The post Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR appeared first on Cryptonews
Shinobi: How Covenants Help Scale Bitcoin
5.4.2024
Bitcoin Magazine’s technical editor says it’s necessary to implement covenants - which allow joint ownership of UTXOs - if Bitcoin is to fulfill its promise of bringing financial self-sovereignty to people globally
Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’
4.4.2024
The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt and Road Initiative and provide the base...
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
3.4.2024
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate
Blockchains Will Upend Economies of Scale
15.3.2024
The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY
Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot
13.3.2024
Major institutions, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully concluded a large-scale pilot test utilizing blockchain technology.
The post Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot appeared first on Cryptonews
FF7 Rebirth Has More In Common With 2022’s Best RPG Than You Think
11.3.2024
Stepping out into the seaside region of Junon at the start of chapter four of Final Fantasy VII Rebirth, I can feel the sun beaming down on Cloud and the gang as it was setting along the ocean’s horizon and painting the fields in a soothing orange glow. The craggy cliffs pave routes for my...