MetaMask adds fiat off-ramp for 10 blockchains to improve crypto accessibility
The complex onboarding process is a major hurdle for reaching the first billion crypto users, industry watchers told Cointelegraph.
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Ripple filed four US trademark applications this month
This is how Ripple’s next product might be called. Ripple, a major cryptocurrency firm developing XRP-based products, continues to actively claim rights on new business trademarks.Over the past month, the company filed four trademark applications to the United States Patent and Trademark Office (USPTO), according to publicly available data on the USPTO website.The latest trademark…

Judge Freezes Funds in Accounts Belonging to Embattled Brazilian Crypto Firm
A Sao Paulo court has blocked funds in bank accounts linked to Grupo Bitcoin Banco — with 726,630 reals (about $188,000 at press time) frozen, Cointelegraph Brazil reported on June 5.Two people, along with one company, have accused GBB of engaging in abusive practices after they were unable to make conversions back into reals or…

How to do mobile cryptocurrency mining?
Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining. Miners (the network participants) undertake mining to verify the legitimacy of transactions on the blockchain and ensure network security by preventing double-spending. In return for their efforts, miners are rewarded with a certain amount of BTC. There are various ways to mine cryptocurrencies,…

Report: Nvidia to See Q3 Strong Earnings, Crypto-Related GPU Sales Remain in Downtrend
Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. Trefis notes that, while overall GPU sales will be up, sales from cryptocurrency-related activities will remain in a downtrend.American GPU manufacturer Nvidia is purportedly set…

Chinese Court Freezes $676K in Assets of Bitmain Manufacturing Subsidiary
The Shenzhen Bao'An District Court in China has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin (BTC) mining giant Bitmain.According to a court filing released on Dec. 13, the Shenzhen Bao'An District Court ordered to freeze 4,718,710.68 yuan ($676,000) of Bitmain’s wholly-owned subsidiary, Shenzhen Century Cloud Core. The ruling follows an…

European trade body warns against the exclusion of DeFi from MiCA
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. The Association for Financial Markets in Europe (ASME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed…

‘Bulls have won’ — Bitcoin whale clusters suggest BTC trend reversal
Bitcoin (BTC) whale clusters indicate that the price could be in a short-term trend reversal after BTC’s recovery beyond $10,700. In the past two days, BTC price rose by nearly 6% from $10,135 to $10,755 across major exchanges.Whale clusters form when large investors accumulate Bitcoin and do not spend or move their holdings for significant…

‘Elon Musk at Bitcoin 2024’ scam, Lazarus Group hacks, MOG phishing: Crypto-Sec
Deepfake Elon Musk Bitcoin 2024 livestream, MOG holder phished for $148K, stupid ransomware backdoor in ESXi server software. Crypto-Sec.