An annual review of the Bitcoin mining industry reflects how large-scale miners had to tackle all-time high hash rates and difficulty adjustments. 2023 proved to be a testing year for the Bitcoin mining ecosystem, with record-high hash rates and mining difficulty putting pressure on miners to sell BTC to cover operational costs. An annual review...Continue Reading

Razzlekhan, the reported title of the movie, was the “comedic rapper” name of Heather Morgan, who helped launder more than $3 billion worth of Bitcoin. Amazon MGM Studios has reportedly started developing a movie based on the couple who laundered billions of dollars worth of Bitcoin (BTC) connected to the 2016 hack of the cryptocurrency...Continue Reading

OKX chief innovation officer Jason Lau argued that in open and permissionless networks like Bitcoin, all transactions are valid as long as they pay fees and conform to consensus. While some consider the Ordinals protocol a nuisance to Bitcoin, others double down on its bet on the place of nonfungible tokens (NFTs) in the Bitcoin...Continue Reading

AI-generated deep fakes of explicit images of Taylor Swift went viral on the social media platform X, resulting in searches using the artist’s name being blocked. The social media platform X took measures to temporarily ban searches using the pop musician Taylor Swift’s name in response to sexually explicit artificial intelligence (AI) generated images of...Continue Reading

Bitcoin mining is often sold as a danger to the environment, but what if BTC could be a tool to enhance the transition to renewable energies? The global popularity of Bitcoin (BTC) has resulted in its network energy consumption sitting at 147.3 terawatt-hours per year as of Jan. 19, 2024. This puts the network close...Continue Reading

Learn the essential steps and strategies to ensure the reliability and security of your blockchain-based applications. The process of methodically assessing and validating the performance, security and functionality of smart contracts — self-executing agreements with the provisions of the contract embedded directly into the code on a blockchain — is known as smart contract testing....Continue Reading

The funds were recovered from more than 600 large-scale hacks. Blockchain security firm PeckShield has published data summarizing the losses to hacks and scams in 2023. According to the company, $2.61 billion was lost in the year, excluding multichain losses. PeckShield noted in its report on Jan. 29 that the amount shows a 27.78% decrease...Continue Reading

BTC price has seen $49,000 and $38,000 this month, but with a deluge of diary dates in the coming days, the stage is set for classic Bitcoin volatility. Bitcoin (BTC) heads into the first monthly close of 2024 with a round trip to its yearly starting point — what’s next? In a key week for...Continue Reading

A new platform led by a former Solana executive will look to drive builder adoption in the ecosystem by managing hackathons and an accelerator program. The Solana Foundation is set to double down on efforts to attract developers and startups to its ecosystem by handing over the management of hackathons and an accelerator program to...Continue Reading

After the spot BTC ETF approval in the U.S., Hong Kong looks to follow, as 10 financial institutions in the country intend to file to launch BTC ETFs. The Hong Kong Securities and Futures Commission (SFC) reportedly received its first spot Bitcoin (BTC) exchange-traded fund (ETF) application just weeks after the U.S. Securities and Exchange...Continue Reading