Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren’t seeing price spikes due to “regulatory hurdles.” Source: https://cointelegraph.com/news/altcoins-investment-united-states-election-gambling-unregulated-cryptoquant-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
US Agriculture Dept approves blockchain-based certification system
CattleProof’s cow NFTs have officially become a part of the USDA’s record. Source: https://cointelegraph.com/news/us-department-agriculture-approves-first-blockchain-based-certification-system?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
U.S. Takes Action Against Crypto Market Manipulation Schemes
The U.S. Securities and Exchange Commission (SEC) has taken significant steps to combat crypto market manipulation, an issue that has plagued the digital asset space for years. In a recent wave of enforcement actions, the SEC filed civil fraud charges against nine individuals and three companies accused of using market manipulation schemes to artificially inflate the value and trading volume…
Ripple Labs escalates dispute with SEC, files notice of cross-appeal
Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States. Source: https://cointelegraph.com/news/ripple-labs-escalates-dispute-sec-notice-cross-appeal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Breaking Boundaries: LBank Achieves “Leaps and Bounds” Growth in Q3
PRESS RELEASE. In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme extravaganza at TOKEN2049 in Singapore, LBank is evolving in unconventional ways. During Q3, LBank continued to expand its market share, surpassing 12 million registered users […] Source: https://news.bitcoin.com/breaking-boundaries-lbank-achieves-leaps-and-bounds-growth-in-q3/
Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead of Difficulty Adjustment Following a decline in […] Source: https://news.bitcoin.com/bitcoin-shatters-all-time-hashrate-record-at-698-eh-s-as-miners-defy-market-challenges/
Ripple Launches ‘Bank-Grade’ Crypto Custody Solution
Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA). Ripple Custody now supports the tokenization of various assets, enabling businesses to manage cryptocurrencies, fiat currencies, and real-world […] Source: https://news.bitcoin.com/ripple-launches-bank-grade-crypto-custody-solution/
Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific integrated circuit (ASIC) producing giant, Bitmain, has debuted its […] Source: https://news.bitcoin.com/bitmain-rolls-out-new-high-efficiency-bitcoin-mining-machines-topping-319-th-s/
Grayscale’s New Fund for MakerDAO Token
Grayscale Investments, a prominent player in the digital currency investment space, has recently launched a new fund dedicated to investing in the MakerDAO token. This move marks a significant step in the company’s ongoing efforts to provide investors with diversified exposure to the growing decentralized finance (DeFi) sector. The new fund aims to capitalize on the increasing interest in DeFi…
Georgia opposition debuts civil blockchain project ahead of critical elections
Georgia’s political opposition wants to use blockchain technology to develop civil society and the country’s business landscape. Source: https://cointelegraph.com/news/georgia-opposition-blockchain-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound