A New Bitcoin Mining Calculator Aims to Tell ‘Truth’ on Profitability
A new type of profitability calculator has been released – and it brings bad news for many miners.
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FinCEN’s Crypto Rules Aren’t as Unfair as Jack Dorsey Says
Jan 12, 2021 at 12:00 p.m. UTCFinCEN’s Crypto Rules Aren’t as Unfair as Jack Dorsey SaysOver the last few weeks, the U.S. Financial Crimes Enforcement Network, or FinCEN, has been inundated with 7,477 angry comments about a rule change that it proposed just before Christmas. “Impressive ineptitude” says one anonymous commenter, while another writes “touch…

A Digital Art Project Might Have an Answer to the Woes of Staking Centralization
Jun 6, 2020 at 09:36 UTCUpdated Jun 6, 2020 at 09:47 UTCJosh Lee and Tony Yun of Chainapsis (Credit: Chainapsis)A Digital Art Project Might Have an Answer to the Woes of Staking CentralizationWhat if better behavior on blockchains could be encouraged with fun rather than value? Josh Lee and Tony Yun of Chainapsis built a…

OKEx Confirms $9 Million Clawback After ‘Enormous’ Bitcoin Future Fails
After a user made an "enormous" gamble on bitcoin futures, and lost, OKEx said it is having to claw back millions from other traders.

Coinbase CEO Brian Armstrong’s ResearchHub Startup Raises $5M in Funding
ResearchHub, the startup co-founded by Coinbase CEO Brian Armstrong to accelerate the pace of scientific research using cryptocurrency, has raised $5 million in a funding round.The Series A fundraising was led by Open Source Software Capital with participation from Boost VC, RedHat's Bob Young, Vercel’s Guillermo Rauch, Replit's Amjad Masad and others.Funders of science projects…

EToro USA Becomes Latest Exchange to Suspend XRP Trading
Dec 31, 2020 at 2:09 p.m. UTCUpdated Dec 31, 2020 at 2:39 p.m. UTCEToro USA Becomes Latest Exchange to Suspend XRP TradingThe U.S. division of Israeli crypto exchange eToro is suspending XRP trading for its customers effective next month.The exchange announced Thursday it would stop facilitating XRP purchases or conversions for U.S. customers effective Jan.…

Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT
Rain was hit by a $14.8 million hack at the end of April.The exchange's pro version has been intermittently down since May 5.00:59Running With Crypto: 5 Questions With TRM Labs' Ari Redbord09:43Hacks Involving North Korea Are 'Even Greater Problem': Legal Experts02:01Breaking Down the State of Hacking in 202400:59Crypto Hack Volumes Fell by More Than 50%

Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge
Craig Wright, an Australian computer scientist who claims he is blockchain innovator Satoshi Nakamoto and owns the concepts underpinning Bitcoin, must pay 400,000 British pounds ($516,000) in security for legal costs to pursue claims against crypto exchanges Coinbase and Kraken.James Mellor, a judge at the England and Wales High Court, said he wasn’t convinced Wright…

Bitcoin Tumbles Below $30K, Crypto Prices Buckle After Altcoin Frenzy on XRP Ruling
Cryptocurrency prices cooled off Friday afternoon after Thursday's major rally on the apparent court victory for Ripple Labs and its XRP token.Bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $30,000, down more than 5% from a high of about $31,800 at one point on Thursday.Ether (ETH) also sagged from its rousing Thursday to…