US Supreme Court knocks back case over $4.4B Silk Road Bitcoin

McAfee continues to haunt the ghost ecosystem, despite abandoning its primary asset. Several days ago, technology pioneer and crypto advocate John McAfee departed his own privacy-focused asset, Ghost. He has since clarified, however, that he did not leave the endeavor entirely."I have not abandoned the Ghost privacy ecosystem, only the GHOST privacy coin," McAfee told…

“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs Founder and President Jason Harris. 860 Total views 45 Total shares Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a…

The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. 868 Total views 20 Total shares The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which…

Major insurance firm the People's Insurance Company of China (PICC) will apply blockchain technology to its operations via a new partnership, according to a September 1 press release.PICC has partnered with blockchain platform VeChain, and a global quality assurance and risk management company DNV GL to make their business more time and cost efficient. Additionally,…

The Web3 Foundation is holding off on its plan to redenominate Polkadot’s DOT tokens following a non-binding community referendum. 1304 Total views 77 Total shares The Web3 Foundation has pushed back its proposal to redenominate 100x of Polkadot’s (DOT) supply after conducting a community referendum on the Kusama network.While the referendum, dubbed a Polkassembly, largely…

The Telos Foundation — the organization behind smart contract platform Telos (TLOS) — has taken action against two of its board members following a network security controversy.Telos is a platform that supports the creation of decentralized applications (DApps) and decentralized autonomous organizations (DAOs) running on EOS.io, the software underlying the EOS blockchain.In a blog post…

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…

Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions.Users will be able to trade cryptocurrencies with fiat currencies such as the United States Dollar, Vietnamese Dong, Malaysian…