Would There be a Decline In Dollar rates as Biden sets to Issue Executive Crypto Order?
President Joe Biden of the United States is expected to release an executive order on cryptocurrency this week, according to a senior administration official with an understanding of the facts. Why Release a Crypto Executive Order (EO)? The Executive Order will direct government entities to conduct in-depth investigations into various aspects of the crypto asset environment in […]
Bitcoin Won’t Have Another Bull Run until End of 2024 Remarked Huobi Co-founder Du Jun
Du Jun’s claims are predicated on the notion that bitcoin bull markets are inextricably linked to a process known as halving, which occurs every few years. Du Jun’s Assertions In an interview with CNBC over the weekend, Du Jun stated that, based on previous market cycles, there may not be another one for around three […]
Intel Announces 2nd-gen Bonanza Mine Chip for Bitcoin Miners
Intel’s BMZ2 processors are believed to have a similar design to its first-generation mining chip, the BMZ1, in which over 300 chips, each powered by a 3600W miner, work together to deliver up to 40TH/s in a balanced environment. Intel’s mandate to help Bitcoin Miners Intel Corporation, a computer chip manufacturer, revealed details of a […]
OpenSea’s Short Deadline Opens Window of Opportunity for Hackers
Investigations showed that NFTs were stolen from users via phishing emails before being moved to OpenSea’s new smart contract. The attackers acquire access to the NFTs after a user allows the migration via the phishing email. OpenSea , an online non-fungible token marketplace, has begun investigating exploit reports, claiming in a recent tweet that it has most likely […]
Wyoming Lawmakers Press the State to Develop Its Own Stablecoin
Wyoming legislators have proposed legislation that would allow the state to create its own stablecoin, which would be tethered to the US dollar. Will the State Accept the Legislation? It’s possible if legislation introduced in Wyoming this week passes. The Wyoming Stable Currency Act (SF0106) was introduced by lawmakers on Thursday, paving the path for […]