Ethereum NFTs drive weekly volume to $304M, NFT promoters face fraud charges: Nifty Newsletter

Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors.

Bitcoin and altcoins have been volatile in the past two days, as the cryptocurrency markets come to terms with the actions of the United States Securities and Exchange Commission (SEC) against two of the biggest crypto exchanges, Binance and Coinbase.After the initial knee-jerk reaction to the news and the subsequent rebound, markets are likely to…

Much like Santa himself, Bitcoin is magic. 1304 Total views 12 Total shares Although he is based in the North Pole, Santa Claus spends much of his December touring the globe, making appearances at countless holiday-themed engagements in the run up to Christmas Eve. In payment for these rendezvous, Santa has long been known to…

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. 1923 Total views 12 Total shares In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in…

by Andrew Fenton 17 min December 22, 2022 We spend half our lives on the Internet, so we're already in an early version of the Metaverse. But Animoca co-founder Yat Siu tells Magazine there’s a much better way forward. Magazine: Animoca was a successful mobile gaming company, with 10 million downloads and various apps in…

For years, Bitcoiners have repeated the mantra “be your own bank.” But in truth, storing any type of crypto in a wallet has been a lot closer to stuffing cash under your mattress than to a complex financial institution like a bank. Admittedly, it’s an improvement in that crypto can be transferred across the globe…

Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. 2561 Total views 26 Total shares Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as Anyswap.Shortly after rebranding from Anyswap…

Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining algorithm instructs miners’ computers to follow a set of rules to generate a valid block. Proof-of-work (PoW) is the well-known consensus algorithm used by Bitcoin and

A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin. 949 Total views 23 Total shares The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme.As Chinese media outlet Caixin reported on June…