General category for all types of news related to the cryptocurrency world.
TRON DAO announced HackaTRON Season 6 winners in Geneva on July 8, 2024. Over 1,000 participants competed for $650,000. BlinkAI and HandShake were notable winners. Season 7 starts July 25, 2024. #Update #Blockchain
Apple delays AI integration for iPhone and iPad, now set for October 2024. Initial features include advanced text editing and email management, but only for iPhone 15 Pro and newer models. Full launch expected in early 2025.
President Biden proposed Supreme Court reforms: term limits, a binding ethics code, and the “No One Is Above the Law Amendment” to challenge Trump’s immunity ruling, aiming to restore public trust and safeguard democracy.
Crypto investigator ZachXBT links Sydney Sweeney and Bob Odenkirk’s hacked X accounts to UK hacker Gurvinder Bhangu, who stole $530,000 by promoting scam meme coins. Sweeney’s account was compromised via a SIM swap attack.
The Bank of England is testing wholesale CBDCs using distributed ledger technology to improve transaction speed and security. Public feedback is invited by October’s end to address interoperability challenges. #CBDC #Update
The Bank of Russia will launch the digital ruble by July 2025 after successful pilot tests with 12 banks. This blockchain-based currency complements existing rubles, marking a significant step in Russia’s digitization efforts.
Elon Musk, owner of X, won’t promote cryptocurrencies except in jest. While he values Bitcoin and others, his stance urges reliance on verified info, helping stabilize the volatile market. Musk’s caution highlights the need for informed decision-making in crypto.
Ethereum layer 2 network Base upgraded its gas target to 10MGas/second, boosting transactions per block and attracting developers. TPS exceeded 50 for the first time. Node operators are urged to enhance CPU and Disk I/O performance. Major growth and efficiency improvements expected.
WazirX, India’s largest crypto exchange, lost over $230M in a cyber attack, affecting 45% of user funds. The proposed “socialized loss strategy” sparked outrage, with critics demanding the exchange bear the full loss. This incident underscores the need for better crypto regulation in India.
Cryptonica hits 10M weekly transactions via 6,000 ATMs in 22 countries, a 55% surge. Bitcoin leads at 62%, followed by Ethereum at 23%. Average transaction value is $133. Uptime at 99.98% with 90-second avg transaction time. #CryptoNews
Crypto is going mainstream, says Jonathan Steinberg, CEO of WisdomTree. Highlighting Bitcoin’s 15-year performance, he notes Trump’s pro-crypto stance could boost regulatory clarity. WisdomTree, managing $109B+, saw $1.9B net inflows in Q2 2024, with its BTCW ETF holding $89.3M in Bitcoin.
Coinfest Asia 2024, the largest Web3 festival in Asia, will be in Bali on August 22-23, attracting over 6,000 participants and 150 industry leaders like Justin Sun and Mo Shaikh. The event focuses on Web3 innovation and ecosystem expansion. #Web3 #Update
Rollblock (RBLK) is a trending crypto casino on Ethereum, attracting DOGE and SHIB holders with weekly dividends and staking rewards. Unlike DOGE and SHIB, which are down over 80% from their highs, RBLK offers growth potential and long-term value appreciation.
Bitcoin mining stocks Marathon Digital (MARA) and Riot Platforms (RIOT) surged over 4% as $BTC hit $70,000. Marathon’s revenue jumped to $387M in 2023, while Riot’s reached $72.2M. Both companies hold significant Bitcoin reserves, benefiting from rising prices.
