Layer 1
The original cryptocurrency and proof-of-work blockchain.
A peer-to-peer electronic cash system launched in 2009. Proof-of-work mining secures a UTXO ledger with a fixed 21 million coin supply; Script, SegWit and Taproot enable programmable spending conditions, and the Lightning Network adds fast off-chain payments.
BitcoinBeginnerHut 8, a leading digital asset mining and infrastructure provider, has announced the launch of its GPU-as-a-Service (GPUaaS) platform. This new offering aims to empower artificial intelligence (AI) developers with access to high-performance graphics processing units (GPUs) on demand. The GPUaaS…
#ai#developers#mining
Australian regulators are apparently working on a new regulation that would require Bitcoin exchanges to obtain financial services licenses. The Australian Financial Review (AFR) reported that licensing criteria for cryptocurrency exchanges in Australia are going to be expanded beyond those for…
#australia#crypto#law
BitcoinBeginnerA group of Senate Democrats, spearheaded by Majority Whip and Senate Judiciary Committee Chair Dick Durbin, has called on ten major U.S. crypto ATM operators to urgently address fraud issues and protect older Americans. In a statement released on September 12, seven Democratic Senators, including…
#atm#crypto#fraud
BitcoinBeginnerA deepfaked Apple CEO Tim Cook during the iPhone 16 livestream, tricking viewers into believing that Apple was endorsing a fraudulent cryptocurrency investment scheme. The incident highlighted the growing sophistication of deepfake technology and its potential for widespread fraud. During the…
#apple#crypto#hackers
BitcoinBeginnerBitwise Asset Management’s Chief Investment Officer, Matt Hougan, has observed a significant surge in wealth advisors adopting Bitcoin exchange-traded funds (ETFs). This trend is driven by several factors, including the increasing institutional interest in Bitcoin, regulatory clarity, and the…
#blackrock#crypto#etfs
BitcoinBeginnerNigeria’s Securities and Exchange Commission (SEC) is set to intensify its crackdown on unregulated cryptocurrency exchanges operating within the country. The regulator aims to protect investors and maintain market integrity by ensuring that all digital asset trading platforms adhere to…
#binance#crypto#nigeria
BitcoinBeginnerBitfarms, a prominent global Bitcoin mining company, has successfully acquired a substantial 120-megawatt (MW) mining mega-site in the United States. This strategic acquisition marks a significant expansion for Bitfarms, solidifying its position as a major player in the North American Bitcoin…
#ai#crypto#mining
BitcoinBeginnerThe Securities and Exchange Commission (SEC) has filed charges against two siblings for allegedly running a $60 million Ponzi scheme involving a fraudulent cryptocurrency trading bot. According to the SEC’s complaint, Jonathan and Tanner Adam, residents of Georgia, lured investors with promises of…
#crime#fraud
BitcoinBeginnerGermany’s Federal Financial Supervisory Authority (BaFin) has launched a nationwide crackdown on cryptocurrency automated teller machines (ATMs), seizing approximately 25 million euros ($28 million) in cash and 13 ATM machines. The regulator conducted raids on 35 locations across the country in…
#atm
BitcoinBeginnerThe Bank of Ghana (BoG) has released a draft regulatory framework aimed at governing cryptocurrency exchanges operating within the country. The proposed regulations underscore the central bank’s intention to balance innovation in the digital asset space with robust consumer protection and…
#central-bank#crypto
BitcoinBeginnerGrayscale Investments has announced the launch of a new investment fund focused on MakerDAO’s governance token, MKR. The Grayscale MakerDAO Trust provides investors with exposure to MKR, a key component of the Ethereum-based decentralized finance (DeFi) protocol, MakerDAO. This closed-end fund is…
#crypto#defi#sec
