McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
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British man sues council for $647M over lost Bitcoin in landfill
James Howells continues his legal battle for 495 million British pounds ($647 million) in damages after Newport City Council blocked his landfill excavation request.
Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC
The proposed "Bonanza Mine" promises to be a new, viable option to compete against traditional mining rigs. 1063 Total views 28 Total shares Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits…
New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the last two months, the number of cryptocurrencies with a $1 billion market cap has doubled since the last time Cointelegraph reported on the milestone. As things currently stand, there are 100 projects that have reached a $1 billion market capitalization.Unicorns are typically privately held startup companies valued at more than $1 billion, but…
Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report
While the Ethereum network is preparing to start shifting to proof-of-stake (PoS) consensus, some mining devices might soon stop supporting ETH mining at all.Bitmain’s Antminer E3, once the “world's most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020, according to a Feb. 24 report by altcoin mining pool 2Miners.Users…
Crypto users demand reinstatement of Pakistani government adviser following sudden resignation
Zia Ullah Bangash's potential departure from an important role in facilitating Pakistan's regulatory environment for crypto had many threatening to withhold votes and demanding answers. 2846 Total views 24 Total shares Many users on social media have started an online campaign for Pakistan Prime Minister Imran Khan to bring back pro-crypto adviser Zia Ullah Bangash.On…
Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.
CrossTower eyeing further crypto acquisitions outside of Voyager bid
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse. 328 Total views 2 Total shares Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions. In a Nov. 24 Bloomberg report, CrossTower…
DeFi needs real-world adoption, not just disruptive pioneering
Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to be achieved, it is worth reminding enthusiasts that Bitcoin was an iteration in a series of trials and errors that go back as far as…