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Bitcoin Mining’s Future: From Proof of Work to Proof of Value for Commerce
Proof of Work or Proof of Value: Why Bitcoin Mining Must Evolve to Serve Commerce Bitcoin mining, traditionally reliant on proof-of-work (PoW), faces sustainability challenges as block rewards decrease. To remain viable, mining must evolve to facilitate real-world economic activity, potentially through a “proof of value” model. PoW ensures blockchain security but consumes significant energy. […]
Read MoreFTX Sues for Crypto Recovery, Plans $16B Distribution to Creditors
FTX Launches Legal Battles to Recover Cryptocurrencies, Plans $16 Billion Distribution FTX, the bankrupt crypto exchange, has initiated legal proceedings against NFT Stars Limited and KUROSEMI INC. (Delysium), alleging that these entities withheld tokens owed to the exchange. This move is part of FTX’s broader strategy to recover assets and repay creditors, with a significant […]
Read MoreBitcoin’s Last Satoshi May Require Infinite Energy, Analyst Predicts
Bitcoin’s Final Satoshi Could Demand Infinite Energy, Analyst Warns Bitcoin analyst Luke Broyles warns that mining the final Satoshi, the smallest unit of Bitcoin, could require an unprecedented amount of energy, potentially extending into the 22nd century. Final Satoshi may need “infinite energy” to mine Last Bitcoin expected around 2140 19.85 million Bitcoins mined out […]
Read MoreStripe Launches Global Stablecoin Payments Pilot, Aims to Revolutionize Cross-Border Transactions
Stripe’s Leap into Stablecoin Payments: A Global Pilot Program Stripe, the renowned payment processor, is making waves in the cryptocurrency world with its latest venture into stablecoin payments. Aimed at businesses outside the U.S., U.K., and E.U., this pilot program marks a significant step in Stripe’s journey to revolutionize global payments. Stripe launches stablecoin payments […]
Read MoreJed McCaleb’s Ripple Exit: Strategic Move to Launch Stellar, Not a Breakup
Was Jed McCaleb’s Departure from Ripple a Breakup or a Strategic Masterstroke? When Jed McCaleb left Ripple in 2014, many speculated it was due to a falling out. However, a closer look reveals that his move to launch Stellar might have been a calculated strategy to complement Ripple’s focus on institutional finance. Jed McCaleb’s strategic […]
Read MoreNorth Korean Lazarus Group Targets Crypto Devs via US Shell Companies and Malware-Laden Job Offers
North Korean Hackers Target Crypto Developers with US Shell Companies North Korean hackers from the Lazarus Group have ingeniously penetrated the cryptocurrency industry by setting up shell companies in the U.S., using deceptive job offers to ensnare unsuspecting developers with malware. This bold move not only violates U.S. sanctions but also exposes the darker side […]
Read MoreTether Diversifies Beyond USDT: Investing in Bitcoin, AI, and More
Tether’s Bold Leap Beyond USDT: Building for the Apocalypse Tether, the powerhouse behind the USDT stablecoin, is making strategic moves to diversify its portfolio, aiming to fortify its position in the crypto ecosystem. From Bitcoin mining to artificial intelligence, Tether’s CEO Paolo Ardoino is steering the company towards a future that’s not just about stablecoins […]
Read MoreNike Sued for $5M Over RTFKT NFT Shutdown: Investors Seek Justice
Nike Faces $5 Million Lawsuit Over RTFKT NFT Shutdown Nike is embroiled in a $5 million class action lawsuit filed by NFT buyers who allege significant financial losses following the unexpected closure of Nike’s RTFKT digital asset division in December 2024. The plaintiffs, led by Jagdeep Cheema, claim the shutdown caused a sharp drop in […]
Read MoreTrump-Backed WLF and Pakistan Team Up to Boost Blockchain and Crypto: Can They Succeed?
Trump-Backed World Liberty Financial Partners with Pakistan to Propel Blockchain and Crypto Growth World Liberty Financial (WLF), a cryptocurrency project with backing from the Trump family, has partnered with the Pakistan Crypto Council (PCC) to drive blockchain, stablecoin, and DeFi growth in Pakistan. This move comes as Pakistan stands on the brink of full crypto […]
Read MoreCoinbase Fights State Lawsuits Over Staking, Claims $90M in Lost Rewards
Coinbase Battles State Lawsuits Over Staking Program, Claims $90 Million Lost in Rewards Coinbase, the leading cryptocurrency exchange, is pushing back against ongoing lawsuits targeting its staking program, asserting that these legal battles are costing consumers dearly. The company estimates that residents in four states have lost over $90 million in potential staking rewards due […]
Read MoreEmpowering Seniors with Bitcoin: Overcoming Tech Hurdles and Skepticism
Empowering Seniors in Crypto: Addressing Barriers for Bitcoin Inclusion More seniors than ever are showing interest in Bitcoin, yet they face unique challenges that keep them from fully embracing the crypto revolution. Here’s how we can bridge the gap and empower our older community members. Seniors face barriers like tech unfamiliarity and skepticism. Education and […]
Read MoreU.S. Fed Lifts Crypto Restrictions on Banks, Embracing Trump’s Vision
U.S. Federal Reserve Eases Crypto Regulations for Banks The U.S. Federal Reserve announced on April 24 a major policy shift, eliminating the requirement for banks to notify them before engaging in cryptocurrency-related activities. This move aligns with President Donald Trump’s campaign promise to foster a more crypto-friendly environment in the U.S., marking a significant step […]
Read MoreSemler Scientific Ramps Up Bitcoin Holdings to 3,300 BTC Amid Corporate and Legislative Trends
Semler Scientific Boosts Bitcoin Holdings to Over 3,300 BTC, Reflecting Strategic Shift and Broader Trends Healthcare tech firm Semler Scientific has ramped up its Bitcoin strategy, purchasing an additional $10 million worth of the cryptocurrency, bringing its total to over 3,300 BTC. This move not only underscores the company’s strategic pivot towards digital assets but […]
Read MoreSNB Rejects Bitcoin Reserves: Cites Volatility, Referendum Campaign Pushes Back
SNB Dismisses Bitcoin Reserves Amidst Calls for Change The Swiss National Bank (SNB) has firmly rejected the inclusion of Bitcoin in its reserves, with President Martin Schlegel emphasizing the cryptocurrency’s volatility and unstable liquidity as key concerns. Despite advocacy from the Bitcoin Initiative and a growing referendum campaign, the SNB maintains its conservative stance on […]
Read MoreCrypto VC Funding Soars to $470M: Bitdeer and Upexi Lead with Major Investments
Crypto Venture Capital Funding Surges: Bitdeer and Upexi Lead the Charge This week saw a staggering $470.75 million in cryptocurrency venture capital funding, marking a significant surge in investments from April 20-26. Leading the pack, Bitdeer Technologies Group raised $179 million to fuel its blockchain and high-performance computing ventures, while Upexi secured $100 million for […]
Read MorePeter Schiff Seeks Bitcoin Donations Amid Market Rally, Signals FOMO
Peak Euphoria: Peter Schiff Asks X Followers to Donate Bitcoin In a surprising turn of events, Peter Schiff, the well-known Bitcoin critic, has asked his followers on X to donate Bitcoin to his wallet, citing the cryptocurrency’s recent market rally. This move marks a significant shift from his previous staunch opposition to Bitcoin, which he […]
Read MoreArkansas City Stops Crypto Mining Amid Community Backlash and Environmental Concerns
Arkansas City Halts Crypto Mining Plans Amid Public Outcry Arkansas City has hit the brakes on a proposed cryptocurrency mining operation due to fierce community resistance, spotlighting the tensions between technological innovation and community well-being. Public opposition halts crypto mining in Arkansas Noise, energy costs, and environmental concerns cited Broader trend of communities scrutinizing crypto […]
Read MoreUN Warns: Southeast Asia’s Crypto-Powered Crime Syndicates Expand Globally
Southeast Asia’s Criminal Syndicates Leverage Crypto for Global Fraud, UN Warns In 2023, Southeast Asia became a hub for cybercrime, losing up to $37 billion to fraud powered by cryptocurrency. The United Nations has sounded the alarm on how criminal syndicates in the region are not only using existing tech but also developing their own […]
Read MoreSeniors Lose $4.8B to Crypto Scams in 2024: How to Protect Our Elders
America’s Seniors Lost Billions in Crypto Scams; Here’s How We Can Stem the Tide In 2024, American seniors were defrauded of a staggering $4.8 billion through cybercrime, with cryptocurrency scams being the most devastating. It’s clear we need robust measures to shield our elders from these predatory tactics. American seniors lost $4.8 billion to cybercrime […]
Read MoreSaison Capital, BRI Ventures, Coinvestasi Launch Tokenize Indonesia to Propel RWA Start-ups
Saison Capital, BRI Ventures, and Coinvestasi Launch Tokenize Indonesia to Boost RWA Start-ups Saison Capital, BRI Ventures, and Coinvestasi have launched Tokenize Indonesia, an accelerator program designed to propel Real-World Asset (RWA) start-ups into the blockchain and tokenization spotlight. Announced at ONCHAIN 2025 in Bangkok, this initiative aims to capitalize on the projected US$88 billion […]
Read MoreSEC Delays Grayscale’s Polkadot ETF Decision to June 2025 Amid Bullish DOT Trends
SEC Postpones Decision on Grayscale’s Polkadot ETF to June 2025 The U.S. Securities and Exchange Commission (SEC) has extended its review of Grayscale’s proposed Polkadot ETF, setting a new decision date of June 11, 2025. This 45-day delay comes as the SEC seeks additional time to evaluate Nasdaq’s proposed rule change, which would allow listing […]
Read MoreMercari Adds XRP Trading to Mercoin: Japan’s Crypto Market Expands
Mercari Expands Mercoin with XRP Trading in Japan’s Growing Crypto Market Mercari, Japan’s e-commerce giant, has boosted its cryptocurrency offerings by adding XRP trading to its Mercoin exchange app. This follows the successful integration of Ethereum and Bitcoin trading, marking a significant push into the crypto space. With over 23 million monthly users, Mercari’s platform […]
Read MoreSBF Transferred to Calmer Terminal Island After 25-Year Fraud Sentence
FTX Founder SBF Moves to Calmer Terminal Island Facility After Notorious Victorville Stint Sam Bankman-Fried (SBF), the founder of the failed cryptocurrency exchange FTX, has been transferred from the violent Victorville prison to the more serene Federal Correctional Institution (FCI) Terminal Island in Los Angeles. Sentenced to 25 years for financial fraud, SBF’s new environment […]
Read MoreCoinbase and PayPal Partner to Boost PYUSD Adoption and Explore Crypto Payments
Coinbase and PayPal Join Forces to Boost PYUSD and Explore Crypto Payment Frontiers The global stablecoin market is valued at over $238 billion, and PYUSD is poised to make a significant impact. Coinbase, a leading US-based cryptocurrency exchange, and PayPal have announced a strategic partnership aimed at enhancing the adoption and usability of PayPal’s stablecoin, […]
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