A Bitcoin Reserve Act may end crypto’s 4-year boom-bust cycle

All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point,…

The Flare Network plans to build a new two-way bridge connecting XRP to the Ethereum ecosystem. On Aug 26, Ripple (XRP) partner Flare Networks revealed details of a proposed new bridge connecting XRP with the Ethereum (ETH) blockchain. Ripple’s CEO Brad Garlinghouse and the XRP Army have expressed support for the first two-way bridge to…

Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

Indian tech firm Mphasis — majority-owned by the American multinational private equity firm Blackstone Group — has partnered with blockchain tech giant Bitfury on a trade finance project, Reuters reported on May 28.The report notes that Blackstone owns 52.3% of Mphasis, which is listed on the National Stock Exchange of India. According to Reuters, details…

Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. 1250 Total views 8 Total shares European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information…

Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States. 2096 Total views 41 Total shares EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs.The partnership will see Telos’ blockchain used to facilitate payments…

Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.

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