BitcoinBeginnerCryptocurrency miners operating within the Electric Reliability Council of Texas (ERCOT) region are now obligated to report their power demand to the state’s utility regulator, the Public Utility Commission of Texas (PUCT). This new rule, which was passed on November 21, 2024, aims to enhance the…
#crypto#mining
BitcoinBeginnerHong Kong’s largest digital bank, ZA Bank, has made a significant move into the cryptocurrency market by launching retail crypto trading services. This development positions ZA Bank as Asia’s first bank to offer direct crypto trading to its retail customers. The bank’s decision to enter the crypto…
#crypto#hong-kong
BitcoinBeginnerWrapped Bitcoin (WBTC), a tokenized version of Bitcoin that operates on the Ethereum blockchain, experienced a significant flash crash on the Binance exchange on November 23, 2024. The price of WBTC plummeted to around $5,200, a dramatic decline from its usual trading price of approximately…
#altcoin#crypto#defi
GeneralBeginnerFIFA, the global governing body of football, has partnered with blockchain gaming studio Mythical Games to launch “FIFA Rivals,” a free-to-play soccer game set to debut on iOS and Android in the summer of 2025. This groundbreaking collaboration aims to bring innovative blockchain technology to the…
#football#gaming#nfts
GeneralBeginnerA hard fork is a term frequently encountered in discussions about Blockchain technology, as it plays a key role in how these systems function and evolve. Let’s explore the concept of a hard fork and how it operates within Blockchain. What is Blockchain? Blockchain is a digital technology that…
#crypto
GeneralBeginnerThe future of the RMIT Blockchain Hub is uncertain, with claims circulating that it may be shut down. Professor Ellie Rennie, a member of the hub, took to X to announce its closure, citing no clear reason for the decision. However, Professor Jason Potts, the co-director of the hub, clarified that…
#australia
GeneralBeginnerSuiHub, a global accelerator program focused on supporting Web3 startups building on the Sui blockchain, has officially launched with a $200,000 fund and expert support in the Middle East and North Africa (MENA) region. The 12-week program, a joint venture between Brinc, CoinList, Ghaf Group, and…
#uae#web3
GeneralBeginnerMastercard and JPMorgan Chase have announced a strategic partnership to integrate their blockchain-based payment solutions. This collaboration aims to revolutionize the cross-border payment landscape by leveraging the power of blockchain technology to enhance efficiency, transparency, and speed.…
#jpmorgan
EthereumBeginnerSouth Korean authorities have confirmed that the 2019 hack of the cryptocurrency exchange Upbit, which resulted in the theft of approximately $50 million worth of cryptocurrency, was carried out by North Korean hackers. This marks the first time that South Korea has officially attributed a major…
#crypto#north-korea#south-korea
GeneralBeginnerThe Securities and Exchange Commission (SEC) has announced that it has begun sending reparations to investors who participated in the initial coin offering (ICO) conducted by BitClave PTE Ltd. in 2017. The ICO, which raised over $25 million, was deemed to be an unregistered offering of securities…
#crypto#law#sec
GeneralBeginnerJapan has approved a significant economic stimulus package worth $87 billion, designed to alleviate the burden of rising prices on households and stimulate economic growth. This move comes as the country grapples with inflation and seeks to bolster its economic recovery. The package includes a…
#crypto#japan#tax