Bitcoin News
Bitcoin News

House Republicans urge tighter export controls on advanced chips

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  • October 29, 2023

The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to strengthen the enforcement of export controls on advanced semiconductors to China. In […]

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Bitcoin News

Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm

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  • October 29, 2023

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. News Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was first […]

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Bitcoin News

Pennsylvania cuts 2-year mining moratorium from bill after union pressure

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  • October 29, 2023

The bill’s sponsor, Representative Greg Vitali, included a clause that instead subjects miners to ongoing reporting requirements to get the bill passed by a Pennsylvania House committee. A Pennsylvania House Representative has cut a two-year crypto mining ban from a bill to regulate the sector’s energy consumption, claiming trade labor unions pressured the change. On […]

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Ecosystem developers bring Bitcoin to Cosmos network

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  • October 29, 2023

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. News Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin BTC $34,239 to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin […]

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Bitcoin News

Telegram trading bot Maestro refunds users 610 ETH after router exploit

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  • October 26, 2023

Maestrobots, a group of crypto bots on Telegram, has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24. News Maestrobots, a group of cryptocurrency bots on the Telegram messenger app, is refunding users in the aftermath of a 280 Ether ETH $1,862 attack. The Maestro team refunded […]

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Bitcoin News

Circle’s USDC issuance falls 3 billion from Binance stablecoin conversions

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  • October 26, 2023

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX News Circle, the company behind the issuance of USDC Coin (USDC), said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision by rival exchange Binance. In […]

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Bitcoin News

Paradigm accuses SEC of bypassing rules in Binance lawsuit

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  • October 25, 2023

Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance. In […]

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Bitcoin News

Battle-hardened Ronin bridge to Axie reopens following $600M hack

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  • October 25, 2023

The Ronin bridge tied to Axie Infinity is back up with a new design after Sky Mavis introduced a circuit breaker system and daily withdrawal limits. Sky Mavis, developers of the popular play-to-earn (P2E) nonfungible token (NFT) game Axie Infinity have announced that the Ronin bridge is back online three months after it was hacked […]

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Bitcoin News

Simplifying Web3 adoption with solutions tailored for businesses and enterprises

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  • October 24, 2023

Embracing the blockchain revolution with ease, with user-friendly products tailored for businesses venturing into the Web3 space. The digital era is in full swing, and with it comes a surge of opportunities that promise to redefine the business landscape. The buzz around blockchain technology and Web3 functionalities is real and for a good reason They […]

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Bitcoin News

Bank of Korea to start CBDC infrastructure pilot

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  • October 23, 2023

The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support. News South Korea joins a growing number of nations launching central bank digital currency (CBDC) pilot programs. The country’s central bank, the Bank of Korea (BOK), will launch the pilot project to explore the […]

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