Mining

While China’s regime harbors a fierce hostility toward cryptocurrency, the government of Hong Kong appears to be going in the other direction, if the views of local politician Duncan Chiu are any indicator. Chiu, a member of Hong Kong’s Legislative Council, said at a recent gathering that he expects the territory to roll out guidelines for…

The Taiwan Crypto Association initiated communication with key institutions in El Salvador. The aim is to bolster regulatory capabilities and align their approaches to cryptocurrency oversight. Taiwan and El Salvador have teamed up to strengthen cryptocurrency regulations. This collaborative effort comes as Taiwan seeks to…

Following weeks of debate about Bitcoin drivechains, a similar project to unlock the network’s programming potential is picking up steam. On Monday, Jameson Lopp—co-founder and CTO of mobile self-custody firm Casa—published a blog post about “Spiderchain,” which he called “yet another proposal for building 2-way pegged sidechains.” A sidechain…

DescriptionThe Supreme Court of British Columbia has officially sanctioned the merger between Canadian Bitcoin mining giant Hut 8 and US Bitcoin (USBTC). Announced initially in February 2023, the union aims to form a new entity, Hut 8 Corporation, colloquially known as “New Hut.” This new venture will be a publicly traded company based in the ……

Wu Blockchain’s X post reveals that the Taiwan Crypto Association communicated with El Salvador’s Virtual Assets Bureau, Presidential Office, and central bank, calling for enhanced regulatory capabilities. Taiwan’s current rules don’t allow cryptocurrency derivatives trading and stablecoin issuance, stressing the need for legislation to…

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Mark Cuban, billionaire businessman and owner of the Dallas Mavericks, lost approximately $870,000 to a crypto fraud late on Friday as he confirmed to DL News. The sudden movements in a wallet marked on blockchain explorer EtherScan as “Mark Cuban 2″ were first spotted by pseudonymous on-chain sleuth WazzCrypto. Unaware of the wallet movements…

Bitcoin has forever been the shining star. Over the past decade, enthusiasts and hopeful investors have looked into Bitcoin mining as a potential way of earning digital gold. However, as the crypto landscape has evolved, many wonder if Bitcoin mining remains an achievable endeavor for the average person. Can you still mine Bitcoin? Is…

DescriptionThe crypto market is known for its volatility, especially on the weekends. This could be attributed to the fewer traders moving the prices even more. Another reason for this volatility is the closure of banks, which prevents investors from transferring funds into their accounts, causing significant outflows and dipping the prices even…

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