Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront Economic Hurdles as Bitcoin Hashrate Dips Bitcoin miners are […] Source: https://news.bitcoin.com/bitcoins-computational-power-falls-9-95-after-record-hashrate/
Samourai Wallet founder Keonne Rodriguez was denied changes to his bail conditions in a Southern District Court of New York hearing on charges of operating an unlicensed money transmitter. Lawyers for the prosecution successfully argued that the privacy dev should remain under house arrest, after presenting evidence including handwritten notes detailing his “bug out prep.” The notes detailed plans to…
With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans. Source: https://cointelegraph.com/news/bitget-foresight-invest-30-million-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TrueX, founded by a former Coinbase exec, has launched True Market, a stablecoin-native and non-custodial crypto trading platform. The company has also completed a $9 million seed funding from investors including Solana Foundation, Aptos, Paxos, and others. The platform features PayPal’s PYUSD as the preferred stablecoin for settlements. Founded by former Coinbase, Circle, and Goldman Sachs executives Vishal Gupta and…
Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget’s user growth in the region. Source: https://cointelegraph.com/news/bitget-africa-growth-memecoin-p2p-ton-gracy-chen?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin (BTC) is holding steady around the $60,000 mark, showing resilience just hours before the Federal Reserve is set to announce its interest rate decision later on Wednesday. The leading cryptocurrency is trading 2.5% higher during European trading hours on Wednesday, while Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 0.5%, trading at $2,320. While Bitcoin and Ethereum…
Michael Heinrich warns against centralized AI systems evolving without human input, advocating for blockchain-based decentralized governance to ensure transparency. Source: https://cointelegraph.com/news/ai-risks-without-blockchain-0g-labs-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects for societal goals, and strengthen the relationship between Microsoft and the UAE. G42’s partnership […] Source: https://news.bitcoin.com/microsoft-g42-open-2-ai-centers-in-abu-dhabi/
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters. Source: https://cointelegraph.com/news/bitgo-rewarding-stablecoin-usds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024. Source: https://cointelegraph.com/news/berachain-solana-competitor-proof-of-liquidity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
