Search Results for: Blockchain

Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings

förbi

South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South…

Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Över 26,000 Tokens Created

förbi

Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 icke-fungibla tokens (NFTs) have emerged on the blockchain. Dessutom, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing…

Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz

förbi

På tisdag, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still…

Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion

förbi

In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 överföringar, causing a major backlog. i alla fall, as of today, den där…

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

förbi

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Under tiden, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote…

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

förbi

Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be…

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

förbi

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 år

förbi

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, rapporterade lokala medier. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures…

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

förbi

Denna vecka, 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…

Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

förbi

Binance has announced its intention of implementing Lightning Network, ett lager 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a…