While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […] Source: https://news.bitcoin.com/in-a-sea-of-mining-giants-one-solo-miner-strikes-digital-gold-by-finding-bitcoin-block-841286/
Month: April 2024
CasinoBello.com – Revolutionizing Online Gaming With Crypto Innovations
PRESS RELEASE. Casinobello.com, a Curacao-licensed online casino, is thrilled to gain the biggest popularity in its history and become one of the leading destinations for crypto-savvy iGaming users. With a strong presence in Germany, Austria, Switzerland, Italy, New Zealand, Canada, and Australia, Casinobello is pioneering the integration of cryptocurrency into the online gaming world to […] Source: https://news.bitcoin.com/casinobello-com-revolutionizing-online-gaming-with-crypto-innovations/
Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase
Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400 bitcoins after the latest purchase. “We acquired 25,250 additional bitcoins since the end of the fourth quarter, our 14th consecutive quarter of adding more bitcoin to our balance sheet,” said the company’s chief financial officer. […] Source: https://news.bitcoin.com/microstrategy-boosts-bitcoin-holdings-to-214400-btc-with-latest-purchase/
Samourai Wallet co-founder pleads not guilty, released on $1M bond
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court. Source: https://cointelegraph.com/news/samourai-wallet-not-guilty-plea-bail-released
Avalanche Hoops Game ‘Rumble Kong League’ Nets Gatorade Deal
Rumble Kong League, an upcoming NFT-driven basketball game built on the Avalanche blockchain, announced a collaboration with leading sports drink brand Gatorade on Monday. The deal makes Gatorade the official sports drink partner of the Rumble Kong League brand, and will be represented through various in-game integrations in the upcoming title. Gatorade parent company PepsiCo confirmed the collaboration to Decrypt’s…
South Korea Establishing Crypto Investigative Unit Amid Crime Surge
South Korea is taking proactive measures to address the surge in cryptocurrency-related crimes by considering the transformation of its temporary crypto-crime investigative unit into a permanent department, as per a local report. The nation witnessed a substantial increase in suspicious transaction reports from crypto companies, prompting the government to enhance its efforts in combating fraudulent activities. According to a report…
Solana illustrates the dark side of monolithic blockchains
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand. Source: https://cointelegraph.com/news/solana-illustrates-dark-side-monolithic-blockchains
Terraform proposes $1M penalty for SEC case, no relief or disgorgement
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case. Source: https://cointelegraph.com/news/terraform-labs-penalty-sec-civil-case
Ether Gains Weekly Against Bitcoin Amid BTC Dominance Drop
Ether has demonstrated strong performance against Bitcoin for two consecutive weeks, indicating a growing interest in altcoin gains following recent market developments, according to analysts at Bitfinex. Despite bitcoin’s halving event, ether recorded a notable 7.5% increase in its trading pair with BTC, marking its most significant weekly gain against bitcoin since early January. Bitfinex’s Alpha report underscored ether’s resilience,…
Bitcoin Testnet Experiences Disruption Due to Griefing Attack
A recent griefing attack on the Bitcoin testnet has caused significant disruption, leading to the generation of three years’ worth of blocks in just one week. Griefing attacks involve intentionally spamming transactions on a network, increasing its workload, and disrupting its normal operations. Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly claimed responsibility for the attack, generating over…