Crypto Punk Dots (2024)

06/09/2022

Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been analyzing options for mining with its GPU stash ahead of the Ethereum Merge, Hive said in its latest production update on Tuesday. According to the update, Hive started implementing beta-testing of various GPU-mineable coins this week as the Ethereum Merge PoS is expected to occur in mid-September....

Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been [...]

06/09/2022

According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed "SagaOS," on the blockchain. Titled "Systemic Extensible Blockchain Object Model Comprising A First-class Object Model And A Distributed Ledger Technology," the methods described in U.S. patent no. 11436039B2 relate to processing multiple message passing transactions via blockchain. ...

According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed “SagaOS,” on the blockchain. Titled “Systemic Extensible Blockchain [...]

06/09/2022

Some Bitcoiners have been reluctant to say that the Ethereum merge will have any impact on their crypto asset of choice, but don’t count Dan Held among them. The head of growth marketing at Kraken and prominent Bitcoin influencer, who these days calls himself a Bitcoin "mostamalist" (rather than the fraught "maximalist"), said on the latest episode of Decrypt's gm podcast that the upcoming Ethereum merge will likely intensify attention from environmentalists who decry Bitcoin’s energy consumption....

Some Bitcoiners have been reluctant to say that the Ethereum merge will have any impact on their crypto asset of choice, but don’t count Dan Held among them. The head of growth marketing at Kraken [...]

06/09/2022

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided to add a token called SURF to USDN’s reserve basket in order to “improve the mechanics of recapitalizing USDN reserves.”...

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged [...]

06/09/2022

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s August production report which talks about a “record monthly BTC production” and the appointment of a new general counsel member....

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable [...]

06/09/2022

The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates (UAE) as the regional crypto hub is believed to have forced authorities in Saudi Arabia to consider formally regulating cryptocurrencies. Saudi Arabia’s Changing Position on Crypto According to a report, the Saudi Arabian central bank has selected Mohsen Al Zahrani to lead its virtual assets and digital currency program....

The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates (UAE) as the regional crypto [...]

06/09/2022

A wallet belonging to embattled hedge fund Three Arrows Capital has removed $33M in Staked ETH (stETH) from Curve Liquidity Farming Pool. According to Etherscan and Nansen, the embattled crypto hedge fund also removed 200 bitcoin (BTC), $4 million worth of Tether (USDT), and $4 million in wrapped ether (wETH) from Convex, another DeFi platform. Three Arrows Capital filed for bankruptcy in July after it fell victim to the collapse of TerraUSD, an algorithmic stablecoin....

A wallet belonging to embattled hedge fund Three Arrows Capital has removed $33M in Staked ETH (stETH) from Curve Liquidity Farming Pool. According to Etherscan and Nansen, the embattled crypto hedge fund also removed 200 [...]

06/09/2022

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from the rally to $25,000 on Aug. 15....

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in [...]

06/09/2022

Australian crypto fraud just got a little harder. Federal Police have launched a new unit to tackle money laundering using cryptocurrencies. Stefan Jerga is the national lead of criminal confiscation at the Australian Federal Police (AFP). He says the AFP formed the new task force to deal with the surge in illegal crypto use since the AFP’s first asset seizure in 2018....

Australian crypto fraud just got a little harder. Federal Police have launched a new unit to tackle money laundering using cryptocurrencies. Stefan Jerga is the national lead of criminal confiscation at the Australian Federal Police [...]

06/09/2022

The Securities and Exchange Commission of Thailand (Thai SEC) has asked crypto investors in the country to be careful with DeFi transactions, terming them risky. The watchdog argued that local regulators have no control over the up-and-coming industry. Popular but Not Full-Proof In a statement on Wednesday, the financial and capital markets watchdog said DeFi services have become popular, especially deposit taking and lending services....

The Securities and Exchange Commission of Thailand (Thai SEC) has asked crypto investors in the country to be careful with DeFi transactions, terming them risky. The watchdog argued that local regulators have no control over [...]

05/09/2022

Cryptocurrency exchange FTX has announced that it shall temporarily freeze trading Ether (ETH) on several blockchains as the Ethereum Merge nears. The halt will last until The Merge is completed as a way of taking extra precautionary measures to safeguard investors’ funds during the Ethereum upgrade. After the Merge, Ethereum blockchain will gradually switch from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) consensus mechanism....

Cryptocurrency exchange FTX has announced that it shall temporarily freeze trading Ether (ETH) on several blockchains as the Ethereum Merge nears. The halt will last until The Merge is completed as a way of taking [...]

05/09/2022

Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum's Merge event. will suspend deposits and withdrawals for Ether $ETH and Wrapped Ether $WETH on the following networks starting from September 6, 2022 at 02:00am UTC....

Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum’s [...]

05/09/2022

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups....

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, [...]

05/09/2022

Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is expected to take place eight days from now, and a great deal of hashrate has left the crypto asset’s network during the last few days....

Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work [...]

05/09/2022

Mark Alexander Hopkins, also known by the moniker ‘Doctor Bitcoin’ or their handle Rizzn, has claimed that “transacting Bitcoin p2p is a federal crime” after announcing the sentence in their case to social media followers. In a Sunday Twitter thread, Hopkins said that they were facing between 6 to 15 months at a federal correctional institution in Texas following a guilty plea for allegedly operating a crypto business without the necessary licensing....

Mark Alexander Hopkins, also known by the moniker ‘Doctor Bitcoin’ or their handle Rizzn, has claimed that “transacting Bitcoin p2p is a federal crime” after announcing the sentence in their case to social media followers. [...]

05/09/2022

LG Electronics has launched its nonfungible token (NFT) platform on the Hedera blockchain. LG Electronics announced the launch of its NFT platform on Monday, September 5th. The NFT platform, called LG Art Lab, is on the Hedera blockchain and allows users to discover, buy, sell and trade NFTs on LG’s smart TVs. This latest development comes eight months after the company announced that it planned to incorporate NFT features into its smart TV. ...

LG Electronics has launched its nonfungible token (NFT) platform on the Hedera blockchain. LG Electronics announced the launch of its NFT platform on Monday, September 5th. The NFT platform, called LG Art Lab, is on [...]

05/09/2022

With the emergence of the concept of SBT “Soulbound Token” and deeper crypto exploration, many people have high expectations for a future where “countless SBTs form the identity system of the Web3 world”. In January 2022, Vitalik Buterin, the founder of Ethereum, wrote an article proposing the SBT scenario: If we understand SBT as a token with the nature of a tag, the SBT is deeply bound to the users’ accounts (or their wallets), while the non-transferability feature of SBT also weakens the speculative property....

With the emergence of the concept of SBT “Soulbound Token” and deeper crypto exploration, many people have high expectations for a future where “countless SBTs form the identity system of the Web3 world”. In January [...]

05/09/2022

Chainlink is a decentralized oracle network for smart contracts Its native LINK token has surged 13% in the past week The token is showing strong bullishness, but momentum remains low Chainlink LINK/USD is ranked the 23rd largest crypto asset with a market capitalization of $3.5 billion. It is considered the most secure and flexible infrastructure in the crypto blockchain space....

Chainlink is a decentralized oracle network for smart contracts Its native LINK token has surged 13% in the past week The token is showing strong bullishness, but momentum remains low Chainlink LINK/USD is ranked the [...]

05/09/2022

Liz Truss wins the U.K.’s Conservative party leadership race leaving the crypto industry wondering if it is a part of the new prime minister’s plans moving forward. Truss beat out former Chancellor of the Exchequer Rishi Sunak, winning 57% of the party vote compared to Sunak’s 43%. She will travel with former prime minister Boris Johnson tomorrow to Balmoral Castle, where Johnson will officially notify the Queen of his resignation....

Liz Truss wins the U.K.’s Conservative party leadership race leaving the crypto industry wondering if it is a part of the new prime minister’s plans moving forward. Truss beat out former Chancellor of the Exchequer [...]

05/09/2022

As bad actors continue to perform hit-and-run attacks on projects in the crypto space, it was inevitable that watchdogs, auditors, and the like would also become more sought after. One such auditor is Rug Pull Finder, an NFT watchdog who investigates alleged scams upon request and attempts to keep the community updated via Twitter. Unfortunately, it seems that the community failed to audit some of the protocol’s own work before minting its own NFT collection....

As bad actors continue to perform hit-and-run attacks on projects in the crypto space, it was inevitable that watchdogs, auditors, and the like would also become more sought after. One such auditor is Rug Pull [...]

05/09/2022

Key Takeaways BlockFi may be sold to FTX.US for as little as $15 million, claims a new report. The $240 million figure originally announced by both parties is contingent on BlockFi securing regulatory clearance from the Securities and Exchange Commission and pushing its client assets to $10 billion. BlockFi CEO Zac Prince had previously categorically denied reports that the company could be sold for $25 million....

Key Takeaways BlockFi may be sold to FTX.US for as little as $15 million, claims a new report. The $240 million figure originally announced by both parties is contingent on BlockFi securing regulatory clearance from [...]

05/09/2022

Key Takeaways Anatoly Yakovenko has proposed a fee market for Solana. A fee market would help reduce spam transactions while allowing users to pay a tip to have their transactions prioritized. Solana developers have reacted positively to the proposal, but are yet to finalize the details of implementing a fee market. Share this article Solana Labs CEO Anatoly Yakovenko has put forward a proposal to introduce a fee market on Solana....

Key Takeaways Anatoly Yakovenko has proposed a fee market for Solana. A fee market would help reduce spam transactions while allowing users to pay a tip to have their transactions prioritized. Solana developers have reacted [...]

05/09/2022

Key Takeaways The U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remain in a bearish posture from a long-term perspective. Share this article Bitcoin and Ethereum appear to be edging closer to a major price movement as investors’ sentiment improves following the latest U.S....

Key Takeaways The U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remain in a bearish posture from a [...]

04/09/2022

The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are nervous about the Federal Reserve’s future steps and its effects on the economy....

The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. [...]

04/09/2022

Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that is run by a single entity, such as Coinbase. To become a licensed operator in a certain country or territory, centralized exchanges need to comply with regulations....

Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all [...]

04/09/2022

The KlimaDAO announced Friday that it is collaborating with politicians to provide a legal framework for DAOs in the Lummis-Gillibrand Responsible Financial Innovation Act. KlimaDAO's legal team told Decrypt that the DAO has had multiple conversations with staff members from the offices of Sens. Cynthia Lummis and Kirstin Gillibrand since May. The legislation was introduced to the Senate in June, and published on Github to gather comments from the technical community....

The KlimaDAO announced Friday that it is collaborating with politicians to provide a legal framework for DAOs in the Lummis-Gillibrand Responsible Financial Innovation Act. KlimaDAO’s legal team told Decrypt that the DAO has had multiple conversations [...]

04/09/2022

The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of the organization.
Argentinian Tax Authority to Seize Funds From Digital Account…...

The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might [...]

04/09/2022

The Meta Immersive Learning Project rolled out to ten universities and allows institutions to offer virtual-reality classes through a VR headset. For one institution without a physical campus, the University of Maryland Global Campus, Iowa-based company VictoryXR has created a virtual campus with buildings, a grassy lawn, and a pond. According to a university official, students can put on the headset and enter an administration building, where they can chat with the financial aid avatar....

The Meta Immersive Learning Project rolled out to ten universities and allows institutions to offer virtual-reality classes through a VR headset. For one institution without a physical campus, the University of Maryland Global Campus, Iowa-based [...]

04/09/2022

Binance CEO Changpeng Zhao on September 3 revealed that the exchange has identified two suspects involved in the KyberSwap hack. Zhao tweeted that the Binance Security team had identified two suspects responsible for the attack and had provided the necessary information to the Kyber team. He added that the exchange was also partnering with Law Enforcement to ensure the apprehension of the hackers....

Binance CEO Changpeng Zhao on September 3 revealed that the exchange has identified two suspects involved in the KyberSwap hack. Zhao tweeted that the Binance Security team had identified two suspects responsible for the attack [...]

03/09/2022

Ethereum blockchain has been working hard to migrate from the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) consensus mechanism. The process of moving from PoW to PoS is expected to culminate with the much-anticipated Merge upgrade. In 2020 several testnents upgrades have been carried out all in readiness for the ultimate Merge upgrade. It started with the launch of the Beacon Chain which revived the hopes of a blockchain that could offer near-instant transactions....

Ethereum blockchain has been working hard to migrate from the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) consensus mechanism. The process of moving from PoW to PoS is expected to culminate with the [...]

03/09/2022

Self-sovereign identity is a concept that refers to the use of distributed databases to manage PII. The notion of self-sovereign identity (SSI) is core to the idea of decentralized identity. Instead of having a set of identities across multiple platforms or a single identity managed by a third party, SII users have digital wallets in which various credentials are stored and accessible through reliable applications....

Self-sovereign identity is a concept that refers to the use of distributed databases to manage PII. The notion of self-sovereign identity (SSI) is core to the idea of decentralized identity. Instead of having a set [...]

03/09/2022

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups....

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, [...]

03/09/2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion MicroStrategy co-founder Michael Saylor faces charges of evading United States income taxes he allegedly incurred while living in Washington, DC....

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a [...]

03/09/2022

A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital Ruble Transfers via Mobile Application Promsvyazbank (PSB) is one of the first Russian lenders to join the trials of the central bank digital currency (CBDC) issued by the Bank of Russia....

A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions [...]

03/09/2022

Astronomia: You’ve heard of haute couture, but how about haute horlogerie? There’s no way you can be seen at the next crypto convention without this. The Astronomia is a new luxury offering from Jacob & Co watchmakers. This wrist decoration is at the sharp end of watchmaking – and is a snip at nearly $400K. The watch has a rotating Bitcoin logo, to remind Maximalists that they are right about everything....

Astronomia: You’ve heard of haute couture, but how about haute horlogerie? There’s no way you can be seen at the next crypto convention without this. The Astronomia is a new luxury offering from Jacob & [...]

03/09/2022

As we get closer and closer to one of the biggest events in the brief history of cryptocurrency – the Ethereum Merge – there are a number of metrics which are suggesting activity is picking up across the space. Ethereum Name Service The first is the Ethereum Name Service (ENS), which saw its third highest month of revenue in August. Generating $4.3 million in revenue, the service saw 34,000 accounts register names for the first time....

As we get closer and closer to one of the biggest events in the brief history of cryptocurrency – the Ethereum Merge – there are a number of metrics which are suggesting activity is picking [...]

03/09/2022

Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the attacker to make away with $265,000 worth of user funds from KyberSwap. While investigations were underway, KyberSwap offered a 10% bounty — of roughly $40,000 — to the hacker as means to remediate the situation....

Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the [...]

03/09/2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ethereum Merge in trouble? Developers find bugs ahead of the planned update Ethereum’s highly anticipated transition to proof-of-stake, popularly known as the Merge, hit a roadblock recently after developer Péter Szilágyi uncovered a bug that could cause data corruption....

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a [...]

02/09/2022

Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? I do. Hardly anyone, including mainstream media, was talking about crypto in a positive or negative way....

Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the [...]

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