Circle’s entry as amicus curiae in SEC vs. Binance lawsuit adds complexity. It asserts stablecoins like USDC aren’t securities, influencing case dynamics. Key Takeaways Binance, embroiled in a regulatory quagmire with the SEC, is experiencing amplified complexities with Circle’s recent involvement in the lawsuit. Amidst an already turbulent scenario highlighted by controversies like sensitive data…
Developers with the best ideas and MVPs will receive a $100,000 grant and unlimited community funding DUBAI, UAE / ACCESSWIRE / September 1, 2021 / Polygon, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, has launched Round 1 of its Polygon-Grants Hackathon on HackerLink, DoraHacks’ open source developer incentive platform. Developers are encouraged to come…
Press Release/Paris, France/April 2, 2023: Tezro, is pleased to announce a new feature that allows USTC token holders to exchange their tokens for Tezro’s official shopping token, TezroST. The exchange rate is set at a fixed $1 per USTC token, and the process is now live, making it easier for Tezro users to swap their…
Winter Storm Triggers Mining Shutdowns Bitcoin mining activity has taken its biggest hit since late 2021. A severe winter storm in the United States forced several large mining firms to curtail operations, and this triggered a sharp drop in network hashrate, production, and revenue. I think what’s interesting here is the scale of the disruption….
Olympic bobsledder Johnny Quinn is the latest sporting celebrity to swallow the orange pill. In a Twitter thread, he shared his best of Bitcoin (BTC) education while welcoming the Bitcoin class of 2022. As a Class of 2021 #Bitcoin-er, I would like to unofficially-officially welcome the Class of 2022. Buckle up for a legacy impacting…
European Regulatory Milestone Zerohash Europe has obtained a significant regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The Dutch Authority for the Financial Markets granted the license, making Zerohash one of the first infrastructure providers authorized to offer stablecoin services across the entire European Economic Area. This license allows the company to…
GENEVA, SWITZERLAND / ACCESSWIRE / September 1, 2021 / WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain, and IoT company, today announced it has joined forces with Polygon, to offer Trusted NFTs solution to masses with the launch of WISe.ART NFT platform in September 2021. Polygon is a platform for Ethereum scaling…
Bitcoin’s hashrate has fallen since its May 11 halving, but long-term the network remains healthy. Key Takeaways Bitcoin’s hashrate fell by 30% between May 9 and May 12 because of the halving. Mining remains profitable for miners with efficient machines despite the drop in total hashrate. The network is behaving the way it did in…
For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of six consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit all-time highs. The average hash rate over the past two weeks fell to 197.19 exahashes per second (EH/s),…
U.S. Senators are calling on Silvergate Capital Corp to provide answers and explanations over the allegations of misuse of customer funds by cryptocurrency exchange FTX, highlighting a grave concern for consumer protection. Their demand has raised eyebrows across the financial industry with many questioning why Silvergate, which prides itself on providing secure banking services, failed…
