NFTs in 2024: Surviving challenges, embracing growth, eyeing the future

Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining. Miners (the network participants) undertake mining to verify the legitimacy of transactions on the blockchain and ensure network security by preventing double-spending. In return for their efforts, miners are rewarded with a certain amount of BTC. There are various ways to mine cryptocurrencies,…

The Ukrainian Ministry of Finance is creating a working group to discuss and develop a legal framework for crypto taxation, according to an Oct. 8 announcement on the ministry’s official website.The group will start its work beginning Oct.16 to identify crypto-related tax regulation options within the existing legal framework. The group of experts will also…

Twitter’s rate limit is a tool created to control how their application programming interface (API) is used in order to stop abuse and provide equitable access to resources. It sets restrictions on how many queries a user or application can submit in a certain period of time. This article will shed light on the rationale…

Comedian TJ Miller is all in on Bitcoin. In a candid chat on Decentralize with Cointelegraph, he shares his love for BTC and why cultural adoption matters just as much as financial investment. Bitcoin is not a company, nor is it a brand. It has no official spokesperson. Satoshi Nakamoto, the pseudonymous creator, remains an

The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.On the weekly chart, USDC's market cap, which reflects the number of U.S. dollar-backed tokens in circulation, fell to $49.39 billion on Sep. 26, down almost 12% from…

“The attacker has sold all the tokens,” announced social token platform Roll after a hacker accessed private keys to its hot wallet. 256 Total views 3 Total shares Social token platform Roll suffered a hot wallet breach, resulting in hackers draining at least 3,000 ETH worth $5.7 million on March 15. At roughly 8am UTC, digital…

The Senate overwhelmingly supported legislation requiring U.S. companies to report any outbound investments into Chinese technologies. 132 Total views 1 Total shares On July 25, the United States Senate backed bipartisan legislation mandating U.S. companies to report any investments in Chinese technologies. In an overwhelming vote of 91 to 6, the Senate supported the amendment to…

Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29.The platform is being co-developed by the German securities marketplace and Luxembourg-based blockchain liquidity management platform, HQLAx. According to the press release from Deutsche Börse, six banks have…