Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

ConsenSys described the case’s conclusion as highlighting “the value of aggressively combatting meritless claims.” 81 Total views 29 Total shares Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys.The two firms filed a joint agreement to dismiss the case on July 27, with…

CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month. 2308 Total views 38 Total shares Open interest on Chicago Mercantile Exchange Bitcoin options has skyrocketed over the past few days, to hit $142…

Does your mopping robot or your food processor have names? Do you ascribe a character to them? Unless you’re a robot yourself, you probably do.The entire history of engineering has been about making the most human-like machines possible. We humans are hardwired to process social interactions, so we subconsciously expect machines to be at least…

Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…

A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline.

In particular, ROAST has been posited as a signature standard that could work with, and improve, threshold signature schemes such as FROST (Flexible Round-Optimized Schnorr Threshold Signatures). 27 Total views 1 Total shares The research unit of Bitcoin (BTC)-focused blockchain tech firm Blockstream has published a proposal for a new type of multisig standard called…

Polygon's chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. 67 Total views 3 Total shares Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks,…

The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country. 2624 Total views 73 Total shares The Bank of Thailand announced that it plans to develop a prototype to test real-life business use cases of its central bank digital currency (CBDC).The bank…