Jackie Sawicky, the founder of the Texas Coalition Against Cryptomining, has decided to end her three-year fight against Bitcoin mining in Texas. She cites the recent election of Donald Trump and his pro-crypto policies as a significant factor in her decision. Sawicky’s activism aimed to address the environmental and community impacts of Bitcoin mining, including ...
Trump Media & Technology Group, known for its Truth Social platform, is currently not profitable and has limited revenue but does possess cash reserves. The company is exploring expansion opportunities, including potentially acquiring Bakkt Holdings, a cryptocurrency platform that, despite generating significant sales, is struggling with losses. While this acquisition could benefit Trump Media by ...
On November 28, 2012, Bitcoin experienced its first halving, reducing the mining reward from 50 BTC to 25 BTC. This pivotal event, celebrated on its 12th anniversary, marked a significant milestone in Bitcoin’s history. The halving, designed by creator Satoshi Nakamoto, occurs approximately every four years and will continue until the total supply reaches 21 ...
Bitcoin’s ongoing rise toward $100,000 is generating excitement in the crypto community, particularly for altcoins like Dreamcars and Vechain. As Bitcoin’s popularity increases, it may lead to substantial growth for these altcoins, potentially yielding 100x returns. Dreamcars allows users to own shares of luxury cars and earn passive income from rentals, while Vechain focuses on ...
A US appeals court has determined that the US Treasury Department overstepped its authority by sanctioning the cryptocurrency mixer Tornado Cash in 2022. The Treasury accused Tornado Cash of laundering over $7 billion linked to hackers, particularly from North Korea. This ruling favored six users of Tornado Cash who, with help from Coinbase, challenged the ...
A U.S. appeals court has decided that the U.S. Treasury Department overstepped its authority when it sanctioned the cryptocurrency mixer Tornado Cash in 2022. Tornado Cash was accused of helping launder over $7 billion for cybercriminals, including those linked to North Korea. The ruling favored six users of Tornado Cash, supported by the exchange Coinbase, ...
Cybersecurity researchers have revealed a year-long software supply chain attack on the npm package registry, initiated by the seemingly harmless library @0xengine/xmlrpc. This package, which originally functioned as a JavaScript XML-RPC server for Node.js, was compromised shortly after its launch to include malicious code capable of stealing sensitive information and mining cryptocurrency. The malicious features ...
Investors are growing concerned about Bitcoin’s recent price drops, with predictions of a 20-25% decline in the global M2 money supply. Currently priced at $92,864, Bitcoin has fallen nearly 9% from its peak of just under $100,000, partly due to long-term holders selling a significant amount. Analysts have noted that Bitcoin typically mirrors M2 trends ...
The cryptocurrency Market is experiencing a remarkable rebound this year, rising to a new record high of $3.5 trillion. After a challenging 2022, marked by significant losses and the collapse of major platforms like FTX, cryptocurrencies like Bitcoin, Dogecoin, and Shiba Inu have shown strong gains in 2024. Bitcoin, the largest cryptocurrency, boasts a year-to-date ...
As a beginner in the world of cryptocurrency, it’s crucial to educate yourself on the fundamentals of this exciting asset class before putting your money at risk. Investing in cryptocurrencies without a clear understanding of the technology, use cases, and potential risks can lead to significant financial losses. Here are some key reasons why lack ...
