The growth of Strike: From 3 to 65 countries Strike was launched in the US in 2020, and quickly gained popularity due to its easy-to-use interface and instant Bitcoin transactions. In just under a year, it has expanded to over 65 countries, including the UK, Canada, Australia, and most of Europe. This rapid expansion is…
Attacker Takes Over Tornado Cash DAO With Vote Fraud The attacker was able to take over the Tornado Cash DAO by exploiting a vulnerability in the voting system. The attacker used a flash loan to borrow a large amount of TORN tokens, giving them a majority of the voting power. They then used this power…
The extortion charges against the early adviser The charges against the early adviser were related to his alleged extortion of millions of dollars in cryptocurrency from a startup company that he had advised. The startup reported the alleged extortion to the authorities, leading to the adviser’s arrest and subsequent charges. The extortion charges were severe,…
The Benefits of Using Bitcoin Rewards Company Fold in El Salvador For users in El Salvador, using Fold has several benefits. Firstly, it allows them to earn bitcoin rewards for their everyday spending. This means that users can earn bitcoin without having to invest in it directly. This is especially important in a country where…
G-7 Finance Ministers’ Discussion on Crypto Regulation The G-7 Finance Ministers’ meeting provides an opportunity for the world’s leading economies to discuss and coordinate their approach to regulating cryptocurrencies. The G-7 countries include the United States, Canada, Japan, Germany, France, Italy, and the United Kingdom. These countries represent over 60% of the global net wealth…
Weekly DEX Volume on BNB Chain Hits Highest in a Year The weekly DEX volume on the BSC has hit a yearly high of 3.1 billion recorded in January 2021. The BSC has become the second-largest DEX platform in terms of trading volume after Ethereum. The surge in DEX volume on the BSC can be…
Bhutan’s Unique Opportunity for Sustainable Bitcoin Mining Bhutan’s unique geography and commitment to sustainability make it an ideal location for sustainable bitcoin mining. The country’s fast-flowing rivers generate an abundance of hydroelectric power, which is both cheap and renewable. This provides an opportunity for bitcoin miners to power their operations with green energy, reducing their…
Alleged Russia Sanctions Violations The alleged sanctions violations involving Binance and Russia are serious. The US government has imposed sanctions on Russia in response to its actions in Ukraine and its interference in the 2016 US presidential election. These sanctions restrict certain types of business transactions between US companies and Russian individuals or entities. If…
The Rise of 3 Million Inscriptions In recent years, the number of inscriptions in Bitcoin ordinals has grown at an unprecedented rate. Some ordinals now contain over 3 million inscriptions. This is largely due to the increasing number of Bitcoin transactions, as well as the growing number of applications and services that rely on the…
Factors Affecting Ethereum Price One of the main factors affecting Ethereum’s price is its supply. Unlike Bitcoin, Ethereum has no hard cap on its total supply. It has an annual issuance rate of around 4.5%, which means that new Ether is constantly entering the market. This can dilute the value of existing Ether and put…