The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners. Read More at https://cointelegraph.com/news/bitcoin-hashrate-contracts-could-offset-skyrocketing-mining-costs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
It's time to ditch Bitcoin Power Law Theory
The Bitcoin Power Law Theory relies purely on mathematics. It doesn’t account for the human nature of how Bitcoin is traded. Read More at https://cointelegraph.com/news/time-to-ditch-bitcoin-power-law-theory?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express
A brand new facial reconstruction can’t hide crypto scammer, crypto scam boiler rooms in Malaysia and the Philippines busted: Asia Express Read More at https://cointelegraph.com/magazine/korean-scammer-face-coinswitch-warns-wazirx-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs
Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states. Read More at https://cointelegraph.com/news/ncr-atleos-bitcoin-cashout-atm-feature?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case
Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024. Read More at https://cointelegraph.com/news/ftx-ryan-salame-withdraws-motion-guilty-plea-michelle-bond-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ChatGPT may already have more monthly users than Netflix
OpenAI says the chatbot has doubled its user count over the last year to more than 200 million per week. Read More at https://cointelegraph.com/news/chat-gpt-may-already-have-more-monthly-users-netflix?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BREAKING: French President Macron denies inviting Pavel Durov to France
Macron has faced widespread and international backlash for the arrest of the Telegram founder Read More at https://cointelegraph.com/news/french-president-macron-denies-inviting-pavel-durov-france?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Apple, Nvidia among prospective investors in OpenAI’s multibillion-dollar fundraising
Tech giants such as Apple, Nvidia and Microsoft are investing in OpenAI’s upcoming funding round, which could raise its valuation to over $100 billion. Read More at https://cointelegraph.com/news/apple-nvidia-among-prospective-investors-openai-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum DApp volumes rise 36% in a week — Will ETH price follow?
Interactions with Ethereum DApps are soaring, but ETH price has failed to react. Read More at https://cointelegraph.com/news/ethereum-dapp-volumes-rise-36-in-a-week-will-eth-price-follow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated. Read More at https://cointelegraph.com/news/bitcoin-widespread-adoption-el-salvador-nayib-bukele?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound