Sun, November 17

Cardano (ADA) Turns Out To Be the Winner of Vitalik Buterin Twitter Poll

Vitalik continued the discussion by adding a fresh set of alternatives to the poll. Over 600,000 people voted, with 42 percent choosing ADA as the winner. Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that

January 15, 2022 2 mins read

New York-Based Troy Couple Latest Victim of $44K Bitcoin Scam

According to Derigiotis, it’s all about learning by doing. The FBI Internet Crime Report Center received a complaint from the victims. According to authorities, a couple in Troy, New York, was allegedly scammed by two persons who contacted them over WhatsApp and Telegram. Scammers claimed to earn a lot of

January 15, 2022 2 mins read

Jack Dorsey Led Fintech Firm Block to Build Bitcoin Mining System

There was no mention of a release date for Block’s system. Jack Dorsey, announced his retirement in November as CEO of Twitter. Co-founder and former CEO of Twitter, Jack Dorsey, announced his retirement in November to focus more on his digital payments company as it grows into the crypto space.

January 15, 2022 1 min read

2021 Was the Most Profitable Year for North Korean Crypto Hackers!

Most of last year’s crimes were committed by the Lazarus Group. The United States has imposed sanctions on the organization. According to a new analysis, one of the most profitable years in the history of North Korean cybercrime was 2021, with about $400 million worth of cryptocurrencies stolen. There were

January 15, 2022 2 mins read

Crypto Miners Likely to Face Tough Conditions Ahead!

The firms planning to go public face a drop in cryptocurrency values. The decline in cryptocurrency prices might impact firms like Core Scientific. Bitcoin’s recent dip in value and the wider crypto market are expected to have a negative impact on crypto miners who are scheduled to go public shortly.

January 14, 2022 1 min read

FTX Ventures Sets Aside $2 Billion Funds To Invest Into Crypto Startups

Amy Wu has been hired as the new business unit and fund head. Some $25.1 billion was raised for crypto businesses and initiatives in 2021. New venture capital funds have been formed by Sam Bankman Fried’s FTX, adding billions of dollars to the already bloated private market for cryptocurrency investment.

January 14, 2022 1 min read

Bitcoin (BTC) Hash Rate Reaches ATH Amid Weak Market Conditions

There was a 13.4% dip in the Bitcoin hash rate, last week. Block plans to provide open-source Bitcoin mining systems in 2022. Bitcoin hash rate made a comeback to its ATH, despite the loss of a major hash rate contributor. Meanwhile, Block CEO Jack Dorsey announced creating an open Bitcoin

January 14, 2022 1 min read

Cathie Wood’s ARK Plummeted More Than 46% to $82.25

ARK has plummeted 46% to $82.45 at lunchtime on Jan. 10. Encompassing 18% of the portfolio was lost on Roku, Teladoc and Zoom. The Nasdaq has increased by at least 80 basis points since investors acquired ARK Innovation shares five years ago and had well over 250 percent gains. After

January 14, 2022 1 min read

VeChain (VET) Annually Emits 2.4% Carbon Associated With Single Bitcoin Mining

Blockchain technology from VeChain enables sustainability-focused targets. Each transaction on VeChainThor used around 0.000216KWh. Bitcoin’s stunning environmental effect has gotten a lot of attention recently. Although attempts are being made to lessen the cryptocurrency’s carbon footprint, some investors opt to leave the cryptocurrency in favor of greener alternatives. Significant technological

January 14, 2022 2 mins read

Jack Dorsey Led Block Inc Announces Building Open Bitcoin Mining

In order to verify transactions, Bitcoin uses a proof-of-work (PoW) architecture. Block is building a hardware and software team of engineers and designers. As the newly renamed company tries to grow outside its payment industry and into new technologies like blockchain, Block Inc CEO Jack Dorsey said in a tweet

January 14, 2022 1 min read