The Biden administration on Monday led a worldwide condemnation of China for state-sponsored ransomware attacks, accusing Beijing of a ‘pattern of malicious cyber activities’ that poses a ‘major threat to U.S.and allies’ economic and national security.’ The administration also announced it has determined that China was behind the April hack of the Microsoft Exchange Servers,…
General Crypto
General Crypto
Biden Puts a $10M Bounty on Foreign Hackers
Regulators in Germany are poised to block one of the world’s biggest porn sites , according to a report from our colleagues at WIRED UK.The country imposed age verification checks for adult sites recently, which some have yet to implement.The blocking would have to be carried out by ISPs and mobile data providers, who may…
GXChain (GXC) Tops 1-Day Trading Volume of $8.44 Million
GXChain (CURRENCY:GXC) traded up 9.3% against the dollar during the one day period ending at 14:00 PM Eastern on July 16th.One GXChain coin can now be purchased for $0.47 or 0.00001483 BTC on popular cryptocurrency exchanges.GXChain has a market cap of $33.20 million and approximately $8.44 million worth of GXChain was traded on exchanges in…
How the U.S. became the world’s new bitcoin mining hub
VIDEO 2:00 02:00 Why the U.S.is ‘the darling’ of the bitcoin mining world The Exchange Well before China decided to kick out all of its bitcoin miners, they were already leaving in droves, and new data from Cambridge University shows they were likely headed to the United States. The U.S.has fast become the new darling…
How Axie Infinity Creates Work in the Metaverse | Leah Callon-Butler
Having collected over $30 million in fees in the last week, a cute NFT pet game called Axie Infinity is currently raking in more protocol revenue than Ethereum and Bitcoin, and more than the next 11 top-ranking dapps – that is, Uniswap, PancakeSwap, Aave, Compound, SushiSwap, QuickSwap, MetaMask, Lido Finance, MakerDAO and Synthetix – combined.And…
More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050
A local business in El Salvador that accepts bitcoin payments.Alex Pena/Anadolu Agency via Getty Images 54% of fintech experts surveyed expect bitcoin to overtake currencies issued by central banks in global finance by 2050.The move could also take place by 2035, according to 29% of respondents.The majority of the panel see bitcoin as currently undervalued,…
Bitcoin DeFi is on the rise as Jack Dorsey’s Square muscles into territory long held by ethereum
Bitcoin DeFi is on the rise as Jack Dorsey’s Square muscles into territory long held by ethereum – Square CEO Jack Dorsey earlier this week announced his payments company was building a new DeFi business on bitcoin.- Bitcoin DeFi is rising, albeit slowly, and could see significant gains from Square’s entry into the space.- So…
Bitcoin Cash (BCH) Market Capitalization Reaches $10.36 Billion
Bitcoin Cash (BCH) Market Capitalization Reaches $10.36 Billion Bitcoin Cash (CURRENCY:BCH) traded down 6.1% against the US dollar during the 1-day period ending at 14:00 PM ET on June 18th.One Bitcoin Cash coin can now be purchased for approximately $552.23 or 0.01541522 BTC on major cryptocurrency exchanges.During the last week, Bitcoin Cash has traded 5.5%…
Ethereum Upgrade, Which Will Reduce ETH Supply, Moves Into Final Stages
Ethereum Upgrade, Which Will Reduce ETH Supply, Moves Into Final Stages The London hard fork will include EIP-1559, which lowers the amount of ETH miners receive.Ethereum is getting an upgrade.Image: Shutterstock In brief The London hard fork should be ready in July.It will hit the Ropsten testnet next week. The London hard fork, a scheduled…
XRP Millionaires: Why It’s the Most Important Token in Crypto – News Break
Ripple Lab’s XRP Canva XRP is the most pragmatic cryptocurrency out there. Instead of moving away from traditional finance, XRP attempts to use blockchain technology to improve existing monetary systems. It accomplishes this by working with the biggest financial institutions on the planet, including Bank of America , Santander and PNC.Additionally, XRP enables insanely efficient…