Canadian wellness firm approves plan to add $1M of Bitcoin to treasury

Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27.Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new record, surpassing the previous peak in October 2018. Hash rate itself, which set new records…

Leading cryptocurrency exchange Bibox is launching an incubator for blockchain projects called Bibox Orbit, according to an announcement published on March 30.Estonia-based Bibox —  the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is rolling out Bibox Orbit, an incubator for blockchain projects.The announcement does not specify the…

The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities. 170 Total views 1 Total shares The Federal Deposit Insurance Corporation, the United States government corporation that insures depositors at U.S. commercial and savings banks, issued a…

The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal. 3864 Total views 13 Total shares With the two-week commentary period winding down, Jerry Brito, executive director of non-profit crypto policy advocate group Coin Center, says comments could make a difference in the ultimate outcome of the…

Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.

A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard Fork reported Oct. 5.Banbreach managed to track Internet traffic and detect all devices on the…

Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra.Private meetings to turn EU against LibraFollowing a series of private meetings in October, France is reportedly leading the anti-Libra effort with Germany, Italy, Spain and the Netherlands, political news publication Politico Europe reports on Oct. 30.Citing sources familiar…

A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27.Subsequently confirmed by Electrum itself, the attack consists of creating a fake version of the wallet that fools users into providing password information.“The hacker setup a whole bunch of…

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