How DePIN is poised to disrupt the cloud computing industry: Report

After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the United States Securities and Exchange Commission. XRP (XRP), the most obvious beneficiary, posted a monthly…

For the first time in its history, bug bounty and vulnerability disclosure platform HackerOne has kicked a company off its platform.Blockchain-based voting platform Voatz has long touted its bug bounty program through HackerOne when asked about the security of its blockchain-enabled mobile voting app. Founded in 2012, HackerOne connects businesses with pen testers and cybersecurity researchers. It…

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term. 322 Total views 1 Total shares Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities…

Cash App mentions that the Lightning Network feature is not available to users located in New York. 1377 Total views 10 Total shares Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any…

United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform.According to the press release, the partnership between SeriesOne and Polymath will let token issuers create and manage regulatory-compliant…

A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions.DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with token holders. In time, the exchange hopes to become a “truly beneficial and democratic…

State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan. A group of state-run commercial banks in China are reportedly conducting a large-scale internal testing of a digital wallet designed for China’s national digital currency, the digital yuan.According to an Aug. 5 report by Reuters, the banks are testing…

Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States. In the aftermath of the FTX exchange liquidity crisis and bankruptcy, United States and Bahamian authorities are reportedly discussing the possibility of extraditing Sam Bankamn-Fried, former CEO of the company, back to the U.S.…

Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan.