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.
BitcoinBeginnerState Street Global Advisors has joined forces with crypto-focused firm Galaxy Digital. Their collaboration aims to launch new exchange-traded funds (ETFs) offering exposure to digital assets, venturing beyond just Bitcoin. State Street acknowledges the surging interest in cryptocurrencies,…
#crypto#etfs#sec
BitcoinBeginnerBitcoin layer-2 developer Alex Lab claims the North Korean hacking group Lazarus Group is likely responsible for a $4 million exploit they suffered in May. In a recent post, Alex Lab revealed “substantial transaction evidence” linking the attack to Lazarus Group. They detailed three wallet…
#crypto#defi#hackers
BitcoinBeginnerBitcoin mining company Hut 8 has secured a significant investment of $150 million through convertible notes from Coatue Management. This funding will be directed towards developing an artificial intelligence (AI) infrastructure platform, capitalizing on the surging demand for AI computing power.…
#ai#mining
BitcoinBeginnerA South Korean research institute has issued a warning regarding crypto exchange-traded funds (ETFs). Bo-mi Lee, a researcher at the think tank, highlighted the inherent volatility of cryptocurrencies and the potential risks associated with crypto ETFs. This comes amidst growing interest in these…
#crypto#etfs#south-korea
BitcoinBeginnerGemini, the cryptocurrency exchange founded by Winklevoss twins Cameron and Tyler, has launched a campaign finance initiative. This initiative aims to support political candidates who advocate for policies promoting cryptocurrency innovation and integration. The initiative will encompass financial…
#crypto#finance#gemini
BitcoinBeginnerBitfarms announced a strategic expansion into Pennsylvania. The company plans to establish a new mining facility in Sharon, Pennsylvania, with an initial capacity of 12 megawatts (MW) of power. This facility has the potential to be scaled up to 120 MW by 2025, significantly boosting Bitfarms’…
#crypto#mining
BitcoinBeginnerToronto-based DeFi Technologies has made a significant move in the DeFi space by launching a validator node on the Core Chain and staking a substantial amount of Bitcoin (BTC) on it. This initiative strengthens their presence in the blockchain industry and showcases their commitment to the Core…
#defi
BitcoinBeginnerTron founder Justin Sun, who is an HTX adviser and owns significant assets on the exchange, took to X on May 27 to announce that the global HTX exchange had surpassed Coinbase in spot trading volume for the first time. According to data from CoinGecko, HTX currently handles around $2.4 billion in…
#coinbase#crypto#wallets
BitcoinBeginnerCryptocurrency markets are bracing for a potential shakeup as $2.7 billion worth of Bitcoin (BTC) and Ether (ETH) options contracts are set to expire on Friday. This expiry event, closely watched by traders, could influence the price movements of both digital assets in the coming days. The options…
#crypto
BitcoinBeginnerOklahoma has become the first state in the US to legally guarantee residents the right to self-custody their Bitcoin and other digital assets. Governor Kevin Stitt signed House Bill 3594 (HB3594) into law in May 2024, making Oklahoma a pioneer in cryptocurrency regulation.This new law protects…
#crypto
BitcoinBeginnerIn a move that could significantly impact the Turkish cryptocurrency market, the government has proposed aligning its crypto regulations with international standards. This proposal comes after a period of uncertainty for crypto businesses operating in Turkey, marked by restrictions and warnings…
#crypto#government
