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.
BitcoinBeginnerMarathon Digital, a leading US-based Bitcoin mining company, has announced a unique initiative to label all Bitcoin blocks mined within the United States as “Made in USA.” The company declared on X, “MARA is Team USA, proudly declared in each American-made bitcoin block we mine.” Fred Thiel, CEO…
#donald-trump#mining#united-states
BitcoinThe cryptocurrency exchange-traded fund (ETF) market is set to witness significant expansion, encompassing a wider range of digital assets and diversified crypto indexes, according to a leading executive at Grayscale Investments. Dave Lavalle, the firm’s global head of ETFs, said during an August…
#crypto#etfs#government
BitcoinBeginnerSecurity researchers have uncovered a novel attack method dubbed “Dark Skippy” that poses a significant risk to Bitcoin hardware wallets. This technique, detailed in a recent disclosure report, exploits a vulnerability in hardware wallet firmware to extract private keys from users without their…
#crypto#hackers#hardware-wallet
BitcoinBeginnerGalaxy Research has cast a shadow over the future of Bitcoin layer-2 scaling solutions, particularly rollups. While these networks have gained popularity as a means to enhance Bitcoin’s speed, affordability, and decentralization, the research suggests that they may face significant sustainability…
#crypto#layer-2#web3
BitcoinBeginnerRiot Platform, a prominent player in the Bitcoin mining industry, has announced the acquisition of Kentucky-based Block Mining for a total consideration of $93 million. The deal comprises a cash payment of $18.5 million from Riot’s existing balance sheet, along with $74 million worth of Riot’s…
#crypto#mining
BitcoinBeginnerHong Kong is poised to launch the first-ever inverse Bitcoin exchange-traded fund (ETF) in the region. This innovative product, spearheaded by CSOP Asset Management, will allow investors to profit from a decline in Bitcoin’s price. Traditionally, ETFs track an underlying asset’s performance,…
#crypto#etfs#hong-kong
BitcoinBeginnerHong Kong’s virtual banking landscape is embracing new regulations, with ZA Bank, the territory’s largest virtual bank, stepping up to support the nation’s financial goals. Their recent initiative involves offering exclusive reserve banking services for issuers of stablecoins. This move aligns…
#banks#crypto#government
BitcoinBeginnerThe Nigerian Police Force arrested Linus Williams, a prominent figure in the country’s crypto community better known by his online alias “BLord.” The arrest comes as part of a wider crackdown on fraud, with police officials confirming the details in a statement released on July 17th, 2024. The…
#crypto#government#nigeria
BitcoinBeginnerBitcoin sentiment has undergone a dramatic shift, surging from extreme fear to greed and fear of missing out (FOMO) in a matter of days. This coincides with a notable rise in Bitcoin’s price, exceeding 12% growth over the past week. A crypto analytics platform, Santiment, highlighted this rapid…
#crypto#etfs#government
BitcoinBeginnerZachXBT has uncovered a money laundering operation allegedly tied to the Lazarus Group, a notorious North Korean hacking group. The group is suspected of being behind the May 2024 hack of Japanese cryptocurrency exchange DMM Bitcoin, where they stole a staggering $305 million in Bitcoin. According…
#crypto#hackers#scam
BitcoinBeginnerThe German government resumed selling its Bitcoin holdings on July 12, following the return of previously transferred BTC to its Bitcoin wallet. According to Arkham blockchain data, the government executed multiple transactions, transferring a total of 3,200 Bitcoin across various platforms. These…
#crypto#tokens#wallets
