Cyptocurrency
Canada-based cryptocurrency mining company Hut 8 Mining has announced plans to merge with U.S. Bitcoin to form Hut 8 Corp, or "New Hut".In a Feb. 7 announcement, Hut 8 said the boards of directors of the two firms had unanimously approved…
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MrNoumanFeb 7·3 min readThe blockchain is a new reality that promises to change forever the way we manage our information in the digital world. This technology allows data and capital to be transferred in a completely secure manner thanks to sophisticated…
DoogieFeb 2·2 min read·If you want to support these articles, and you want access to millions of articles from other Medium partners, signup for a membership here! https://medium.com/@Doogie33/membershipU.S. Senator Tim Scott, the leading Republican on the Senate Banking Committee and representing…
AliJan 30·13 min readThe fastest way to learn how Blockchains work is to build oneYou’re here because, like me, you’re psyched about the rise of Cryptocurrencies. And you want to know how Blockchains work — the fundamental technology behind them.But understanding…
AliFeb 1·18 min readI’ve spent more than 5 years being a Bitcoin developer. The software I’ve written has been used by millions of users, and hundreds of developers, and the talks I’ve given have led directly to the creation of several…
DoogieFeb 2·2 min read·If you want to support these articles, and you want access to millions of articles from other Medium partners, signup for a membership here! https://medium.com/@Doogie33/membershipThe US Securities and Exchange Commission (SEC) is set to face increased scrutiny from…
The Primitive BraveFeb 2·4 min readHave you heard about MOSDEX? Is this the new Swapnex?An eye-catching advertisement about a not-so-known platformLast time I came across an advertisement that caught my eye immediately. The reason behind that is this ad was very…
Vivian AranhaJan 19·8 min readNFTs, or non-fungible tokens, are a type of digital asset that represent ownership of a unique item or piece of content, such as artwork, videos, music, or collectibles. NFTs are created using blockchain technology, which allows for…
Vivian AranhaJan 26·9 min readTo create a blockchain network using Node.js, you can use a library such as crypto-js to create the cryptographic hashes for the blocks in your blockchain and express.js to create the API for interacting with the blockchain.…
Vivian AranhaJan 26·12 min readHow to buy NFTsThe process of buying NFTs is similar to buying any other asset, such as stocks or real estate, but there are a few unique considerations to keep in mind. Here is a step-by-step guide…
Vivian AranhaJan 24·4 min readBlockchain technology is a revolutionary concept that has the potential to change the way we conduct business and transfer value. At its core, a blockchain is a digital ledger of transactions that is replicated and distributed across…
It’s no secret venture capitalists react to prevailing market conditions when making decisions, and amid global economic uncertainty, entrepreneurs from across industries are finding that VC funds are more difficult to come by these days. This is especially true for crypto…
Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key. The attack can only be performed for transactions…
In January, the brother of a former Coinbase product manager was sentenced to 10 months in prison for wire fraud conspiracy in what prosecutors called the first case of insider trading involving cryptocurrencies. In September 2022, Nikhil Wahi entered a guilty…
Liquid staking protocol Lido is set to roll out staking reward withdrawals and improved staking architecture with the announcement of the upcoming Lido v2 upgrade.Two major focal points of the planned upgrade include Lido’s introduction of its new Staking Router and…
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as a result of technological and internet advances. As…
Emin Gün Sirer, creator of the Avalanche Consensus protocol and CEO of Ava Labs, believes that there is one very straightforward method to spot a long-standing cryptocurrency project.On Feb. 7 Sirer discussed blockchain venture capital and crypto regulation in a fireside…
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating within the emirate. According to Irina Heaver, a crypto and blockchain lawyer based in the…
The damage caused by the fall of major crypto ecosystems last year is on a path of steady recovery as good actors take proactive measures to rebuild trust among investors. Major players from the decentralized finance (DeFi) ecosystem came together to showcase the…
Bitcoin (BTC) rebounding 40% in January sparked the largest inflows of institutional cash since June 2022, data shows.In its “Digital Asset Fund Flows Weekly” report on Jan. 30, digital asset investment and trading group CoinShares confirmed $117 million heading into crypto…
MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.Details of the latest in-development addition to MetaMask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel…
Decentralized social network Damus teased an upcoming feature in its app that would allow users to earn satoshis — the smallest fraction of Bitcoin (BTC) — based on post engagement on the platform.In a tweet, the Damus team highlighted that there…
Bitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time in 18 months.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBattle of the Bitcoin crosses beginsData from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking…
Decentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing at least 550 BNB (BNB) in a contract exploit that approved fund transfers from the protocol.Blockchain surveyor MevRefund flagged the event and detected that the funds seemed to be moving…
The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1’s operations for their own gain. Layer1 CEO John Harney and DGF Investments Inc —…
A former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with his lawyers arguing the tokens he allegedly traded were not securities.Lawyers representing ex-Coinbase employee, Ishan Wahi, and his brother, Nikhil Wahi, filed a…
A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year .The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found…
The Bank of England (BoE) and U.K. Treasury are gearing up plans to create a digital currency that could "provide a new way to pay" without necessarily replacing cash.On Feb. 7, a joint consultation paper on Central Bank Digital Currencies (CBDCs)…
The creator of the nonfungible token (NFT) collection Bored Ape Yacht Club has settled a lawsuit with one of the developers behind a copycat collection known as RR/BAYC. On Feb. 6, Yuga Labs settled a lawsuit that involved Thomas Lehman, the developer…
The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad…
Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, according to the United Kingdom's financial watchdog. In a Feb. 6 statement,…
Sam Bankman-Fried’s lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps. According to a Feb. 6 court document, both parties have agreed SBF “shall not use any encrypted or ephemeral call of messaging application, including but…
A Genesis creditor has revealed the new proposed restructuring plan between Genesis, Digital Currency Group and creditors will see creditors getting back at least 80% of their funds. On Feb. 6, Genesis Global announced it reached an “agreement in principle” with Digital…
Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see a plethora of ad spots for cryptocurrency companies, as they did in 2022.According to a Feb. 6 Associated…
Crypto mining firm Riot Platforms — formerly Riot Blockchain — reported that 17,040 rigs deployed at its operations in Texas were offline due to “severe winter weather” in the state.In a Feb. 6 announcement, Riot reported that two of the buildings at…
Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in a tweet on Feb. 6.The news came with no explanation, although the…
United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a report from London-based news agency AltFi, the staking feature is expected to go live this…
The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the industry, as the…
Infura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future, according to a Feb. 6 Cointelegraph interview with Infura researcher Patrick McCorry.McCorry stated that the new “Dfura” or “decentralized Infura” will…
On Jan. 24, the dYdX Foundation, the entity responsible for the dYdX decentralized crypto exchange, announced “changes” to its tokenomics — the way it distributes tokens to early investors, employees and contractors, and, of course, the public.So, what’s uncommon about the…
The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets…