Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin Mining Equities See Recovery With Stellar Wednesday Gains With less than a month remaining until […] Source: https://news.bitcoin.com/bitcoin-mining-stocks-rally-ahead-of-halving-double-digit-gains-mark-midweek-surge/
Immutable Games announced Tuesday that its long-in-the-works mobile role-playing game Guild of Guardians will finally launch globally on May 15 across Apple’s iOS App Store and Google’s Android Play Store. Running on Immutable zkEVM, an Ethereum scaling network, the free-to-play crypto quest lets you guide fantasy adventurers through dungeons and battle against powerful bosses as you amass loot. The game…
Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers “completely undermines [the] supposedly decentralized applications and networks.” The Value of Centralization in Web3 However, in his written […] Source: https://news.bitcoin.com/centralization-aids-web3-when-leveraged-to-hasten-development-of-dapps-says-james-bayly/
Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above $67,000 at the time of writing, regaining ground after the recent selloff. Riding bullish sentiment of its own is the Green Bitcoin (GBTC) project, which has now raised over $7 million […] Source: https://news.bitcoin.com/bitcoin-price-pumps-after-hitting-key-support-while-green-bitcoin-presale-passes-7m/
Asteroid mining could be big business in the future, if anyone figures out how to make it economically feasible. For now, at least, you can mine Bitcoin from digital space rocks in the mobile game SpaceY. And yes, you really can cash out the BTC that you earn. SpaceY—no, not SpaceX— is a simple, straightforward idle mining game in which…
After some no good, very bad days for Bitcoin that saw the world’s oldest and largest cryptocurrency sink below $62,000, BTC has come surging back. BTC rose as high as $68,120.08 early Thursday morning. By mid-morning the Bitcoin price had settled to $66,828.32 after having gained 6% in the past 24 hours, according to CoinGecko data. It’s still not quite…
Polygon’s Napoli hard fork, incorporating the RIP-7212 upgrade, marks a significant advancement in interoperability with mainstream tech by introducing support for the elliptic curve digital signature algorithm commonly used across the internet. The upgrade also aligns with Ethereum’s recent Denchun hard fork improvements, enhancing block space efficiency, limiting self-destruct opcode scope, and reducing memory copying […] Source: https://news.bitcoin.com/polygon-leaps-towards-future-with-successful-napoli-hard-fork/
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled Vouchers Avalanche, a smart contracts platform, has said it is working […] Source: https://news.bitcoin.com/avalanche-to-launch-web3-voucher-program-on-alipay/
Alexey Pertsev, a developer for Tornado Cash, has reportedly been indicted by prosecutors in the Netherlands. They accuse him of laundering $1.2 billion. Pertsev’s attorney confirmed the prosecutors’ intent to charge his client. According to Dutch prosecutors, while a crypto-mixing service is not “inherently illegal,” using it to launder criminal assets is punishable. Dutch Prosecutors […] Source: https://news.bitcoin.com/dutch-prosecutors-reportedly-charge-tornado-cash-developer-with-money-laundering/
During the ETHTaipei 2024 event in Taiwan, Ethereum founder Vitalik Buterin introduced “rainbow staking,” a new conceptual framework designed to allow protocol service providers to engage in a differentiated menu of protocol services. Rainbow staking aims to enhance the economic value and participation of solo stakers by integrating various protocol services in a more plug-and-play […] Source: https://news.bitcoin.com/vitalik-buterin-unveils-rainbow-staking-and-a-recovery-hard-fork-at-ethtaipei/
