Bitcoin network difficulty breaks 3-month downtrend to mark new ATH
Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.
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Aviation Database Struck By Unknown Ransomware Gang
A ransomware attack against Garmin affected pilots that rely on the company’s support for aviation navigational equipment. 422 Total views 7 Total shares Smartwatch maker and data-syncing service provider, Garmin, was the subject of a ransomware attack that took down several of its services on July 23, which managed to encrypt its internal network.According to…
Polkadot Wants to Enable You to Launch Custom Blockchains in One Hour
During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. 3042 Total views 20 Total shares During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour.When speaking at event on July 7, Škvorc explained in detail how…
BlackRock’s Bitcoin ETF to be the 7th application delayed by SEC today
The world’s largest asset manager has been waiting to offer an exchange-traded fund for its iShares Bitcoin Trust in the United States. 1378 Total views 3 Total shares The United States Securities and Exchange Commission (SEC) has delayed an application for a Bitcoin (BTC) exchange-traded fund from global asset manager BlackRock.BlackRock, a firm with more
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery. In the last 3 hours Bitcoin (BTC) price gained 2.63% after dropping to $8,256 earlier in the day. With just less than 24-hours before the block reward halving is scheduled to take place, traders are likely biting their nails…
US regulator wants to stop banks from blacklisting legal businesses, crypto included
New rule-making aims to stop "creeping politicization of the banking industry," says OCC head. 2011 Total views 17 Total shares Per an announcement on Friday, the Office of the Comptroller of the Currency, or OCC, is looking for public comments on rule-making that would stop banks from denying services to businesses based on sector.In the…
Core Scientific to hand over 27K rigs to pay $38M debt
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. 342 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an…
BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent
Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX Gold (PAXG), and the other being the release of Binance’s cryptocoin backed by the United States dollar (BUSD). Paxos, a global digital…
Russia doesn’t need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble. 1845 Total views 20 Total shares A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.However, according to Dmitry Peskov, a special representative of the President…