Cointelegraph By Brayden Lindrea
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Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
Cointelegraph By Brayden Lindrea - 0
Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4.The firm’s balance sheets also strengthened despite Bitcoin’s price (BTC) recording another month of sideways movement — hovering between the $25,100 and $28,500...
Crypto-friendly Patrick McHenry takes interim House Speaker position
Cointelegraph By Brayden Lindrea - 0
United States Representative and crypto-friendly lawmaker Patrick McHenry has been appointed as interim House Speaker after the high-profile ousting of U.S. House speaker Kevin McCarthy. McCarthy’s ousting came after a 216-210 vote by Congress, with eight of the 216 votes coming from McCarthy’s fellow Republicans, marking the first...
Argentinian presidential candidate wants CBDCs to ‘solve’ hyperinflation
Cointelegraph By Brayden Lindrea - 0
Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis.“I am clear that inflation is a huge problem in Argentina,” the country’s second-leading candidate said in an Oct. 2 presidential debate, before outlining how he...
SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise
Cointelegraph By Brayden Lindrea - 0
The United States Securities and Exchange Commission has delayed its decision on several proposals for spot Bitcoin (BTC) exchange-traded funds (ETFs), including BlackRock, ahead of an anticipated government shutdown.The spot Bitcoin ETF applications of Invesco, Bitwise and Valkyrie were also delayed by the SEC, according to separate Sept. 28 filings, while Bloomberg ETF...
Investment manager VanEck has fired up the marketing engine for its “upcoming” Ethereum futures exchange-traded fund (ETF), which some analysts expect could be launched as early as Oct. 2. On Sept. 28, VanEck released the two “Enter the Ether” themed TV commercials, revealing that its Ethereum Strategy ETF...
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New Jersey approved its liquidation plan.Bankruptcy Judge Michael A. Kaplan approved BlockFi's third amended Chapter 11 plan in a Sept. 26 court hearing, a filing...
Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
Cointelegraph By Brayden Lindrea - 0
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard was launched in March by an anonymous developer “Domo.” Within two months, the BRC-20 market cap reached $1 billion, with PEPE and ORDI...
An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46-million phishing scam.According to data from Etherscan, $4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending in “ACa7.”Blockchain security firm PeckShield has labeled the address as being...
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
Cointelegraph By Brayden Lindrea - 0
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was...
OnlyFans, Patreon models turn to Web3 amid payment and censorship fears
Cointelegraph By Brayden Lindrea - 0
Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed. Leon Lee, founder and CEO of Only1 — a decentralized version of OnlyFans — tells Cointelegraph there has been a recent power shift...