Tag: news.bitcoin
Blockchain
Musk vs. Nakamoto: A 210% Bitcoin Surge Could Change the World’s Wealth Rankings
At this moment, Tesla’s Elon Musk holds the title of the wealthiest individual on the planet, as reported by the Forbes Real Time Billionaires list on June 1, 2024 However, there exists a
Blockchain
Bitmain Launches Antminer L9 With Enhanced 16 GH/s Capacity for Scrypt-Based Coins
Bitmain has announced the release of the Antminer L9, an application-specific integrated circuit (ASIC) miner tailored for coins that use the Scrypt algorithm, such as litecoin and dogecoin The
Blockchain
Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum
This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing
Blockchain
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
This weekend, Ethena’s synthetic US dollar stablecoin USDE reached the $3 billion range As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin Ethena’s Synthetic Stablecoin
Blockchain
Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins ‘Hashing’ in Texas
Republican Senator Ted Cruz from Texas has announced that he purchased three application-specific integrated circuit (ASIC) bitcoin miners “I just bought 3 Bitcoin miners that started hashing
Blockchain
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale
Blockchain
UBS Raises Gold Price Targets, TRUMP Coin Hits All-Time High, and More — Week in Review
UBS has raised its gold price forecast from rising central bank demand and geopolitical tensions Meanwhile, the meme coin TRUMP surged over 30% in 24 hours after former President Trump’s
Blockchain
Software Engineer: Anchoring AI on Public Blockchains Aids in Establishing a ‘Permanent Provenance Trail’
With artificial intelligence (AI) seemingly destined to become central to everyday digital applications and services, anchoring AI models on public blockchains potentially helps to “establish a
Blockchain
Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms
In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $524 million During the
Blockchain
Wyoming Senator Cynthia Lummis Castigates US President Joe Biden’s Veto
US Senator for Wyoming Cynthia Lummis has castigated President Joe Biden over his decision to veto a measure that would disapprove the Securities and Exchange Commission’s Staff Accounting Bulletin
Blockchain
An Introduction to Bitcoin Layer Two Solutions
Bitcoin, the pioneer of blockchain technology, has faced challenges as its adoption has grown With its original design allowing only seven transactions per second, the network often struggles with
Blockchain
Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme
Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $15 million in investor losses From November 2020 to August
