Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal bitcoin mining operations have been closed with over 550 miners seized, causing undetermined damages to the National Power Administration (ANDE). Paraguay […] Original
Layer-1 blockchain network Algorand has critiqued Bitcoin, Ethereum, and Solana in its latest ad, indicating the three are inefficient for day-to-day use. The Algorand Foundation dropped a new ad on May 23, calling it “when blockchains meet the real world, only one delivers.” In the ad, three shoppers are featured checking out at a supermarket. Each shopper was trying to pay with one of the aforementioned cryptocurrencies. Speaking to the customer trying to pay with Bitcoin, the cashier remarks that he would have to wait 27 minutes for the transaction…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Milei Moneda gears up for a rally before its Uniswap launch, while XRP remains bearish and Dogwifhat is expected to decline by 27% next week. Amid bearish pressures on XRP and Dogwifhat (WIF), Milei Moneda (MEDA) shines due to its growing popularity in the ongoing presale. Investors seeking alternatives in the downturn are taking notice. Read on to explore how Milei Moneda has shaken up the crypto space. Ripple’s…
The international arm of Hong Kong’s HashKey crypto exchange has added SOL to its basket of supported assets. International crypto exchange HashKey Global, launched by HashKey Group, is expanding its list of supported assets by adding Solana (SOL) in a bid to attract more customers around the globe. In the latest press release, the exchange said it will launch spot trading for the SOL/USDT pair on May 24 at 10:00 (UTC). The latest addition expands the list of supported assets on HashKey like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE)…
XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Related Reading Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and Elliott Wave Theory, Defender forecasts a significant price increase for XRP before July. This technical prediction coincides with potential regulatory developments that could reshape the cryptocurrency landscape. 1. The House of Representatives passed landmark #crypto…
One trader said ether’s sell-off on positive news is a typical speculator’s “buy the rumours, sell the facts” reaction. Original
Open Source Stewardship and the Superchain Vision Open source software has become an integral part of various technologies today, ranging from web servers to mobile phones. To enhance the understanding of open source project development, Optimism Foundation’s CEO and Executive Director, Jing Wang, engaged in a discussion with a16z crypto’s CTO, Eddy Lazzarin, and editor Robert Hackett, according to a podcast by a16z crypto. The conversation revolved around the complexities of open source stewardship, including contributor incentives, business models, foundation establishment, and roadmap planning. A…
“Yesterday, despite numerous signs of severe illness, my husband was still required to appear in court, where he later collapsed,” Gambaryan’s wife, Yuki Gambaryan, said in the statement seen by CoinDesk. “The conditions in the notorious Kuje prison are, in a word, devastating. My husband is a strong, healthy person, but he is facing an environment that would bring even the strongest among us to our knees.” Source
Kabosu, the Shiba Inu dog from Japan, known worldwide as the face of the “Doge” meme and Dogecoin, has passed away. Adopted by Atsuko Sato in 2008, Kabosu’s image became a viral sensation in 2013 when a photo of her was used in the creation of the “Doge” meme. This meme, characterized by phrases in […] Source CryptoX Portal
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. “The Grayscale Ethereum Trust launched in 2017 and accumulated most of its $9 billion dollars worth of ETH well before staking existed. These funds will be unlocked now. Expect a bloodbath. It will accelerate the ETH -> BTC Trade. Hold me to account if…