The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per terahash or $1,900 per unit. The Antminer mining rigs are 80% cheaper than they were five months ago on March 28.…
Jerry Sambuaga, the deputy ministry with Indonesia’s Ministry of Trade, has proposed a rule which would require leadership at the country’s crypto exchanges to have more representation from its citizens. In a Tuesday parliamentary meeting which included Indonesian regulatory officials, a letter submitted by Sambuaga suggested several policy changes in response to the “interesting year for the development of physical…
A white hat hacker has discovered a bug within the latest upgrade for Arbitrum, an Ethereum scaling network, that could have led to the theft of over $530 million. Arbitrum builder OffChain Labs earlier this week rewarded the hacker, who operates under the pseudonym 0xriptide, with a bounty of 400 ETH (worth approximately $530,000) for sharing the discovery. Arbitrum launched…
Typically, disputes will end up going through the courts — but this can have mixed success. It’s easy to forget that NFTs remain a nascent technology, and this means that legal systems still lack understanding about how they work. This may mean that the nuance surrounding digital assets may get missed during civil action… but those in the lawsuit will…
Cointelegraph took a trip to Satoshi’s Place on Friday, a Bitcoin (BTC) hub in Greater Manchester. Named after the anonymous creator of the world’s largest and most widely accepted cryptocurrency, the bar and workspace offer workshops, coworking spaces for local businesses and Bitcoin-inspired cocktails. Adam, the founder (who chose not to share his surname), first heard about Bitcoin in 2012…
On Wednesday, Tether, the issuer of the U.S. dollar-pegged USDT stablecoin, said that a recent order by a U.S. judge to provide evidence of USDT backing is part of routine discovery in court cases. The firm said that the decision did not substantiate any of the claims listed in an ongoing lawsuit: “We had already agreed to produce documents sufficient…
A French banking behemoth is making it easier for asset managers to offer funds tied to bitcoin.The services are geared to institutions seeking to capitalize on increased demand for BTC and cryptocurrency.The bank promises a “simple and adapted” experience in creating bitcoin funds with its new services. French banking giant Societe Generale has introduced new services for its institutional clients…
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses. XRP continued to trade close to a four-month high on Wednesday, as bullish sentiment…
Most crypto investors have probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity to some of the largest exchanges and blockchain projects. As a crypto-native trading firm, meaning digital assets have been the core…
As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet. Crypto wallets are programs that allow users to store, send and receive cryptocurrency. Each wallet has a private key that allows the wallet to be spent. Private keys are…
