Publicly traded mining companies spend $3.6B on PP&E so far in 2024
Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.
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New Trojan Attack Targets Mac Users to Steal Cryptocurrency
Researchers discovered a new trojan targeted at crypto traders using trading applications on macOS. 2828 Total views 23 Total shares A new trojan attack using malware called GMERA is targeting cryptocurrency traders who use trading applications on Apple’s macOS.The internet security company ESET found that the malware comes integrated into legitimate-looking cryptocurrency trading applications and…
Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
Inside the blockchain developer’s mind: The governance crisis
This is Part 3 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 2 on the vertical scaling crisis here.Upgradeability, vertical scaling and governance: What all three of these issues have in common is…
Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?
Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests…
ConsenSys Unveils Ethereum-Based Satellite Tracker
Blockchain software technology company ConsenSys has unveiled Trusat, a satellite tracking application based on the Ethereum (ETH) network.According to the firm's tweet posted on Oct. 22, Trusat aims to tackle the problem of space debris that could damage Earth’s space infrastructure.Tackling space debris with blockchainThe initiative hopes that its app’s users will track satellites in…
Crypto Trading Platform BitMEX Appoints Veteran Hong Kong Regulator as COO
Major crypto trading platform BitMEX has appointed a veteran Hong Kong regulator as its chief operating officer (COO), Hong Kong English-language newspaper the South China Morning Post (SCMP) reports October 2.BitMEX was founded in 2014 and sees almost $1.8 billion in daily traded volume, making it one of the world’s largest crypto exchanges. The exchange…
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. 231 Total views 1 Total shares The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil. In an amicus brief filed…
South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper
The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official statement published Jan. 16.In the document, titled “Consultation Paper on Policy Proposals for Crypto Assets,” South Africa’s government clarifies that…