Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining algorithm instructs miners’ computers to follow a set of rules to generate a valid block. Proof-of-work (PoW) is the well-known consensus algorithm used by Bitcoin and other cryptocurrencies. In…
What’s good for the goose is good for the gander. More than two decades after being branded a monopoly in the tech industry, Microsoft once again entered the courtroom to testify in another antitrust case. This time, however, the script has flipped, and the Redmont giant is weighing in on fellow tech giant Google’s dominance in the search space. Microsoft…
The United Kingdom will apparently get its second crypto sandbox by Q1 2024. It will be explicitly focused on digital securities. During her speech at the CCData’s Digital Asset Summit on Oct. 3, the Head of Capital Markets at the Financial Conduct Authority (FCA), Helen Boyd, revealed that His Majesty’s Treasury plans to launch a Digital Securities Sandbox at the…
Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks — resulting in nearly 109 Ether (ETH) worth around $178,000 drained from four users in under a week. On Sept. 30 the X (Twitter) user known as “froggie.eth” warned their friend.tech account was SIM-swapped — where exploiters gain control of a users mobile number to…
Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void … Source: https://cointelegraph.com/public/index.php/news/highlights-ftx-founder-sam-bankman-fried-first-day-trial
Crypto lawyers are seemingly divided over the significance of a recent court order from Judge Analisa Torres, which denied the United States Securities and Exchange Commission’s (SEC) plan to file an interlocutory appeal against Ripple. While many lawyers and commentators chalked the decision up as a substantive win for Ripple in its case against the regulator, other legal experts have…
Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void … Source: https://cointelegraph.com/app/public/index.php/news/highlights-ftx-founder-sam-bankman-fried-first-day-trial
The high-profile trial of former FTX CEO Sam Bankman-Fried kicked off on Oct. 3 with plenty of activity both inside and outside of the cramped Manhattan courtroom. Journalists, crypto influencers, and other gawkers reportedly gathered in a media overflow room to take notes of the day’s events. Here are some of the most colorful observations about the day. Noticeably leaner,…
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore. Source: https://cointelegraph.com/public/index.php/news/ripple-approval-singapore-payments-license
United States Representative and crypto-friendly lawmaker Patrick McHenry has been appointed as interim House Speaker after the high-profile ousting of U.S. House speaker Kevin McCarthy. McCarthy’s ousting came after a 216-210 vote by Congress, with eight of the 216 votes coming from McCarthy’s fellow Republicans, marking the first time a House Speaker has been removed in U.S. history, according to…
