Search Results for: precedent

Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

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Ta teden, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing…

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

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In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction…

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

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Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable…

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

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2023 is shaping up to be a painful year for the U.S. Komisija za vrednostne papirje in borzo (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce…

FBI Says Crypto Investment Fraud Rose 183% do $2.57 Billion in 2022

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The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% od $907 million in 2021 do $2.57 milijarde v 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public of “a spike…

Ustvarja dvanajstkratna zbirka ordinalnih napisov podjetja Yuga Labs 735 Bitcoin, Vredno več kot $16 milijon

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Yuga Labs, ustvarjalci blue-chip nezamenljivega žetona (NFT) zbirka Bored Ape Yacht Club (BAYC), sporočila, da je ekipa svojo Redni Napis dražba zaključila s skupno 3,246 ponudniki. Ustvarjena zbirka napisov Dvanajstkrat 735.7 bitcoin, vredno…

Napster Expands Into Web3 Music Space With Acquisition of Mint Songs

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V sredo, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation…

Don’t Forget the Importance of Censorship Resistance

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Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. jaz’m…

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

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A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two…