The Crypto Series of Poker (CSOP) is currently underway at CoinPoker, and to celebrate the website is offering one lucky player the opportunity to gain free entry to its main event on Sunday. Taking place at 18:30 GMT on April 28, the event offers a guaranteed prize pool worth $100,000, with participants playing in the...
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle. Like BRC-20s, Runes is a protocol that uses the Bitcoin network. It pays fees in Bitcoin to generate new tokens. However, Runes uses the Unspent Transaction Output (UTXO) model to “etch”...
William Morro, an accomplice in the OneCoin crypto fraud scheme, was arrested and charged on April 23 by the United States Department of Justice for his role in the multi-billion dollar scam orchestrated by Ruja Ignatova and Karl Sebastian Greenwood, Tuesday court documents reveal. William Morro Arrested In OneCoin Crypto Fraud Scheme According to the...
Web3 infrastructure company Elastos released a report, shedding light on Bitcoin use in people’s daily lives, irrespective of current valuation. Per the research findings, Nigeria and UAE have topped in the use of Bitcoin for daily transactions, compared to Germany and the UK. Around 20% of respondents from Nigeria use Bitcoin to conduct transactions “at...
Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the fiat-pegged cryptocurrencies be enacted anytime soon? Cody Carbone, Chief Policy Officer at The Digital Chamber, said last week that he would only give the odds of any stablecoin legislation passing...
Velvet Capital, a decentralized finance (DeFi) asset management protocol backed by Binance Labs, has been forced to temporarily deactivate its website following concerns over a potential phishing attack. Reports of abnormal behavior on Velvet Capital’s trading platform surfaced on April 23. Upon attempting to connect to the website, users encountered prompts to authorize wallet access. ...
As Bitcoin price hovers around $66,400, witnessing a minor dip of 0.50%, market participants are keenly observing its next moves. Amidst fluctuating market conditions, a pivotal aspect to consider is the potential impact of a proposed 30% excise tax on U.S. Bitcoin mining, which could reshape the industry landscape. This backdrop sets the stage for...
Celebrity poker player Antanas ‘Tony G’ Guoga won a pot worth just over $300,000 this weekend on the CoinPoker website, beating an anonymous whale in a high-stakes 1000/2000 game. The game took place as part of the Crypto Series of Poker (CSOP), which is making $1 million in prize money available across 41 tournaments. It...
A new project in Finland is turning energy from Bitcoin mining into energy to heat homes. Hashlabs Mining, a Bitcoin mining infrastructure firm, has pioneered a ground-breaking project that allows heat to be generated using specially designed Bitcoin mining devices. The project exploits hydro-cooled WhatsMiner M63S, an ASIC mining device, which produces hot water at...
Ian Rogers, the Chief Experience Officer (CXO) at Ledger, the popular crypto and NFT hardware wallet manufacturer, sat down for an exclusive interview with Cryptonews’ Matt Zahab. He discussed his move from the world of giants Apple and Yahoo to crypto and Ledger. Rogers also talked about the incoming Ledger Stax, adding that more secrets...