Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin. Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees. Dorsey has led...Continue Reading

The Iota Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month. The open-source blockchain developer Iota announced on Nov. 29 that it is launching a foundation, the Iota Ecosystem DLT Foundation, based in Abu Dhabi, to focus...Continue Reading

Bioniq operates on the Internet Computer Protocol, tapping into native Bitcoin integration to ease the network congestion and high fees associated with Ordinals inscriptions. A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP). Developed off the...Continue Reading

By now, hearing “NFT” in any context evokes some sort of reaction — good or bad. By now, hearing “NFT” in any context evokes some sort of reaction — good or bad. Some may be immediately thrust back to the spring of 2021 when digital artist Beeple sold an NFT of his original artwork for...Continue Reading

SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy. A stakeholder in the blockchain and fintech ecosystem has called on the federal government of Nigeria to implement regulations that will foster the widespread integration of the approved blockchain...Continue Reading

HMRC has issued a stark warning to crypto, NFT and utility token holders that they must pay their taxes on time or face the consequences. His Majesty’s Revenue and Customs (HMRC) has issued a stern warned crypto users that they must declare and pay their taxes on digital assets within a strict timeframe, or face...Continue Reading

CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues. As companies continue to fall for hacks and exploits, professionals working in the cybersecurity space chipped in on what can be improved in terms of crypto security for digital asset companies...Continue Reading

The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million. Embattled Thai crypto exchange Zipmex is offering its creditors 3.35 cents per dollar for initial claims, with further payouts in a recovery scenario. The proposal came as a part of the restructuring offer...Continue Reading

The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors. The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28.  The two platforms posted announcements on X (formerly Twitter) stating their front ends...Continue Reading

Bitcoin whales may yet spark mass profit-taking should BTC price action target $40,000 or higher. Bitcoin (BTC) held momentum at $38,000 on Nov. 29 as analysis warned over market corrections. BTC/USD 1-hour chart. Source: TradingView Bitcoin meets macro data, Fed’s Powell at key price point Data from Cointelegraph Markets Pro and TradingView showed BTC price...Continue Reading