World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin

The industry body has accused the government of leaning into narratives about malicious actors and scams, rather than engaging with the blockchain space to establish fit-for-purpose regulation. 115 Total views 2 Total shares Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due…

ApeCoin (APE) underwent a modest selloff a day after Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery.APE price rally to $25 stallsThe hacker compromised BAYC's official Instagram account, using it to post a phishing link that withdrew tokens out of users'…

Chinese social media giant saw a massive data breach result in data of millions of users available for sale on the dark web. According to a March 19 report from Chinese blockchain news outlet Jinse, basic account information of 172 million users was available, priced at 0.177 BTC.  The account information for sale included user ID,…

Matic to release a “Large Scale Developer Initiatives” program to strengthen mainnet adoption. 925 Total views 14 Total shares Blockchain scalability solution, Matic, released news of a “Large Scale Developer Initiatives” program on July 8. The program is meant to incentivize mainnet adoption, in partnership with Gitcoin.According to the announcement, the company aims to cater…

Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news. 1926 Total views 15 Total shares Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewWheat gives Bitcoin a run…

New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million gallons of water. The plant is also allowed to discharge water with a…

The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows. 225 Total views 5 Total shares Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of…

Facebook’s Libra has pushed central banks to consider two major issues in global payment systems, an exec at the European Central Bank (ECB) said.Benoit Coeure provided his remarks at a hearing at the Committee on the Digital Agenda of the German parliament on Sept. 25.According Coeure, an ECB board member and chair of the Committee…

Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin.Facebook doubles down on Libra lobbyingNews outlet Politico reported on Aug. 5 that Zook had been hired onto Facebook’s team of lobbyists working to win lawmakers over to Libra. Per the report, she…