Category : Bitcoin News

Bitcoin News

Cardano Volume Surges As DeFi Development Ramps Up

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SpartaCats Troll DOGE With Billboard Near SpaceX Office

PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of c...

How This Ripple Partnership Will Enable Crypto Payments For Luxury Items

Payment company Ripple announced a partnership with Lunu to enable crypto payments across luxury brand retailers. The partnership will allow users to use Ripple’s Liquidity Hub to pay for in-store and online store items, a press release claims. Relat...

Egg On Face: St. Louis Fed Uses Bitcoin As Unit Of Account

The St. Louis Federal Reserve has posted a new blog where it compares the price of eggs in USD versus Bitcoin. Although the blog is designed to crack a joke about the cryptocurrency, the Fed ultimately has ended up with egg on its face. Here’s why. F...

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Ne...

BIP-341: Should key-path-only P2TR be eschewed altogether?

Let's first introduce some terminology, because "key path only" could mean different things. Say: A raw taproot output is one where the output key (the one in the scriptPubKey) is exactly equal to P, the wallet's public key. A noscript taproot outpu...

Maiar Cryptocurrency Exchange Shuts Down Operations After $113M Exploit

The Maiar Cryptocurrency Exchange, one of Elrond’s decentralized cryptocurrency exchanges (DEX), has been attacked by an unknown hacker. The exploitation occurred on Monday 6th June 2022 at around midnight UTC, with the looter stealing over $11...

Bitcoin Miners Sell As Mining Revenues Come Under Stress

Data shows Bitcoin miners have been selling in recent weeks as their revenues have come under stress due to the struggling price of the crypto. Bitcoin Miners Are Currently Selling An Average Of 3.3k BTC Per Month As per the latest weekly report from...

Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA

Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first cr...

Crypto Heritage: The Digital Asset Market is Ripe for Proper Inheritance Frameworks

Inheritance is one of the most neglected issues in the emerging crypto ecosystem; according to the most recent market analysis, close to 4 million Bitcoin (BTC) are currently inaccessible. A good number of these coins belonged to crypto investors who...

Why PayPal Will Finally Let You Send Crypto To External Wallets

Payment processor PayPal will allow users to transfer their crypto to external wallets and exchanges, according to a statement from Jose Fernandez da Ponte, Senior Vice President at the company. The new feature was highly demanded by the users, the e...

Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors

PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its...

Crypto Market Downtrend Resumes, Here’s What Ethereum Whales Are Buying

The crypto market had been able to pause its downtrend, causing digital assets like Bitcoin and Ethereum to recover once more. However, the recovery will only be short-lived as the price of Ethereum crashed in the middle of Monday. What this had done...

Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams

On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and...

English Premier League Kicks Off NFT And Metaverse Venture

The English Premier League is kicking off a new project in the virtual realm. As a means of expanding their channels of communication with followers, a growing number of multinational corporations are expressing interest in non-fungible tokens and th...

Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action

SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL...

How to setup solo mining Antminer S9j using cgminer from Mac OS

I have a Mac Mini M1 which has installed cgminer 4.11.1 from github repo and runs Gekko miners quite well via USB connection using my local bitcoind node. I now also have an Antminer S9j (which has an ethernet connection, no usb),...

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop

Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the d...

Adyingnobody Promises To Reveal The Crypto Industry’s Biggest & Nastiest Secrets

If Adyingnobody is for real, this will be the biggest story of the year. But this has to be fake, right? The whole scenario sounds too much like the plot of a James Bond movie. What if, though? If Adyingnobody is for real, this will shake the crypto...

Pintu, An Indonesian Crypto Exchange, Secures $113 Million Funding

Pintu, a relatively unheard of Indonesian cryptocurrency exchange, has acquired a substantial fundraising round with the intention of expanding its services to the country’s developing domestic market. Pintu announced on Monday that it has secu...

Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies

Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin ...

DeFi Platform PoolTogether Claims $1.4Million Through NFT Sales

PoolTogether, an Ethereum-hosted DeFi application that enables users to gain access to prize-linked savings pools, has raised over $1 million to secure defense funding. The project allows users to deposit crypto tokens and stablecoins, mainly USD Coi...

Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump

Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third pl...

Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs

A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives...

The Next Bitcoin Breakout? Nancy Pelosi Could Have The Answer

Are lawmakers good news for Bitcoin now? Maybe the ones who trade stocks. A new disclosure showed that the big outperformer of the market, Nancy Pelosi, made new big tech trades that sum up to around $2,1 million. The disclosure shook up many traders...

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