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.
BitcoinBeginnerThe Solicitors Regulation Authority (SRA), a regulatory body overseeing solicitors in the UK, has issued a public warning regarding a new email scam targeting individuals. This scam involves fake solicitors demanding Bitcoin payments. According to the SRA’s website, the scam emails originate from…
#crypto#scam#tokens
Taiwan’s central bank is pumping the brakes on launching its own digital currency, according to a recent statement. While acknowledging the potential of a central bank digital currency (CBDC), the bank emphasizes a cautious approach, prioritizing a thorough understanding of its implications before…
#cbdc#central-bank#crypto
BitcoinBeginnerMt. Gox, the once-dominant cryptocurrency exchange that filed for bankruptcy in 2014, has begun repaying its creditors. The repayments are being made in both Bitcoin (BTC) and Bitcoin Cash (BCH), according to a plan approved by the Japanese rehabilitation court. Mt. Gox was a major player in the…
#crypto
BitcoinBeginnerA German Member of Parliament (MP), Joana Cotar, has called on the government to halt its recent Bitcoin sell-off, criticizing it as “hasty” and unproductive. Cotar believes these Bitcoins could be a valuable asset for the nation’s treasury. The German government reportedly moved a significant…
#crypto#government
BitcoinBeginnerHamilton has made waves by announcing the launch of the first-ever tokenized U.S. Treasury bonds on Bitcoin’s layer-2 (L2) networks. These tokens, called Hamilton U.S. T-Bills (HUST), will be available for trading on three prominent L2 solutions: Stacks, Core, and BoB (Build on Bitcoin). The…
#crypto#layer-2
BitcoinBeginnerSoftbank, the Japanese tech investment giant, is making a bold bet on the future. After suffering a devastating 99% loss during the dotcom bubble burst, they’re channeling their resources into a new frontier: Artificial Intelligence (AI). The memories of the early 2000s tech crash still linger for…
#ai#chatgpt#japan
BitcoinBeginnerBitcoin mining company CleanSpark has reported a successful June, exceeding both its production and hash rate goals. They mined 445 Bitcoin in June, a 6.7% increase compared to the previous month. This uptick comes alongside surpassing their mid-year target for operational hash rate, achieving a…
#crypto#mining#united-states
BitcoinBeginnerCrypto hacks saw a significant decline in June 2024, with losses dropping over 50% compared to the previous month. According to data from PeckShield, a crypto analytics firm, roughly 20 hacking incidents were reported in June, resulting in a net loss of nearly $176 million. This represents a…
#crypto#defi#hackers
BitcoinBeginnerThe Hawaii Department of Commerce and Consumer Affairs (DCCA) recently announced that cryptocurrency firms are no longer required to obtain a Money Transmitter License (MTL) to operate within the state. This decision comes after the conclusion of the DCCA’s collaborative research project, the…
#crypto
BitcoinBeginnerThe Nigerian cryptocurrency space: adopt crypto regulations inspired by Europe. This recommendation comes from Nigerian data and policy analyst Obinna Uzoije, highlighting the need for clear guidelines in this rapidly evolving market. The Nigerian landscape for cryptocurrency is currently…
#crypto#government#law
BitcoinBeginnerBitcoin mining company Bitfarms has announced the appointment of a new board member. This strategic addition comes amid a hostile takeover bid from rival miner Riot Platforms. Riot Platforms, already Bitfarms’ largest shareholder with a 14.9% stake, recently made a $950 million unsolicited offer…
#crypto#mining
