Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
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Yuga Labs warns of ‘persistent threat group’ targeting NFT holders
Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities.The NFT company told its Twitter followers on July 19 that its security team has been tracking a “persistent threat group” targeting the NFT community through compromised social media accounts, urging followers to…

Crypto Exchange Binance Launches Eighth Phase of its Lending Product
Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7.In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on Oct. 10 and ends on Nov.10, while interest will be paid immediately…

Nvidia Faces Class Action Lawsuit Over Losses After Diminished Mining GPU Demand
Graphics processing unit (GPU) producer Nvidia is facing a class action lawsuit over the losses reported by the company when lower crypto prices diminished demand for GPUs by miners. Schall law firm announced the lawsuit on Dec. 24.The complaint states that “the Company made false and misleading statements to the market.” Namely, according to the…

Kevin O’Leary reveals key catalysts that could reverse the bearish trend
In a Cointelegraph interview, Kevin O’Leary discusses crucial legislation that could reshape the crypto market and spark the next bull run. The crypto market is currently facing significant pressure, largely due to US President Donald Trump’s trade war and deteriorating macroeconomic conditions. These factors have put markets under strain, with some analysts predicting that the

BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams
DappBay's Red Alarm is a contract risk scanning tool that helps users identify high-risk projects to avoid rug pulls and frauds. 503 Total views 41 Total shares BNB Chain has launched a new platform, DappBay, to discover new Web3 projects. DappBay is equipped with a novel feature called Red Alarm, which assesses project risk levels…

Are there ‘too many’ blockchains for gaming? Sui’s randomness feature: Web3 Gamer
Too many blockchains and less funding for the industry? Plus, Sui’s randomness feature for gaming developers: Web3 Gamer

Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
On June 11, the Congressional Fintech Task Force held a hearing examining FedAccounts and a digital dollar as ways of expanding financial inclusion in the United States.Particularly in the aftermath of greatly delayed $1200 stimulus payments directly to U.S. citizens, the digital dollar has gotten much more attention. A number of bills appeared in the…

Gold-backed stablecoins will outcompete USD stablecoins — Max Keiser
Gold has been accepted as money for thousands of years and does not suffer from geopolitical or inflationary risks, unlike fiat currency. 5572 Total views 17 Total shares Gold-backed stablecoins will outcompete US dollar-pegged alternatives worldwide due to gold's inflation-hedging properties and minimum volatility, according to Bitcoin (BTC) maximalist Max Keiser. Keiser argued that gold