In a remarkable turn of events, a Bitcoin mining device with a hashrate of just 500 gigahashes per second (Gh/s) managed to successfully mine a block on July 24. This accomplishment is truly extraordinary considering that the odds of such a device mining a block approximately every ten minutes are as low as 1 in
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Ordlify, a no-code platform for developing Bitcoin Ordinals collections, has recently formed a partnership with Magic Eden, a prominent cross-chain NFT marketplace. This collaboration aims to enhance the experience for creators and collectors within the Bitcoin Ordinals ecosystem by providing new opportunities for non-technical creatives. The partnership between Ordlify and Magic Eden allows creators to
Recent developments in the UK have shed light on the divergent paths taken by two major crypto companies, Coinbase and Revolut, when it comes to regulatory compliance and licensing. While Coinbase’s subsidiary, CB Payments Limited, faced a hefty fine of £3.5 million for Anti-Money Laundering breaches, Revolut secured a restricted banking license from the UK’s
OKX Racer offers a unique opportunity for users to predict the price of Bitcoin within a short window of time, all while enjoying a free-to-play model with the potential to earn points and rewards. To begin your journey with OKX Racer, you must first register on the OKX exchange platform. Once registered, you can easily
The second day of trading for the spot Ethereum ETFs saw a significant withdrawal of more than $133 million from the largest financial vehicles. This led to a massive price drop in the underlying asset, with Ethereum’s price falling by 10% in a day. The initial reports suggesting that the approvals might result in a
The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) continues to captivate the cryptocurrency community. With recent developments hinting at a possible resolution in the near future, experts and investors are closely monitoring the situation. In this article, we will delve into the latest updates surrounding the Ripple vs.
The Machines Arena Play-to-Airdrop (P2A) campaign introduces a gamified reward system that aims to engage users and offer lucrative returns through a play-to-earn strategy. The campaign encourages active participation by rewarding players with points and tokens for various in-game activities. From playing games and solving quests to leveling up and inviting friends, there are multiple
The crypto industry has been facing numerous challenges under the current administration, as highlighted by Andreessen Horowitz (a16z) founders Ben Horowitz and Marc Andreessen. They recently discussed the regulatory hurdles that have been stifling innovation and growth in the sector. One of the key issues they criticized was the Securities and Exchange Commission’s (SEC) lack
Dalmas Ngetich, a seasoned crypto reporter, stands out in the industry with his specialized knowledge in NFTs, blockchain, and DeFi. With a background in mechanical engineering and over a decade of experience in journalism, Ngetich has crafted over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology,
Cynthia Lummis recently released a report challenging the Biden administration’s proposal to impose a 30% excise tax on the energy consumed by Bitcoin miners. In her argument, Lummis raised concerns about the detrimental effects this tax could have on the growing Bitcoin mining industry in the United States. She criticized the administration for what she
