Pocket-sized Bitcoin miners are a stand against the “secrecy and exclusivity” of the Bitcoin mining industry, according to their inventors. While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue. Micro Bitcoin mining devices — often open-source and pocket-sized — have […]

The post Lido on Solana Seeks $1.5M to Avoid Discontinuation! appeared first on Coinpedia Fintech News The Lido on Solana project team has expressed their need for financial sponsorship from the Lido DAO community. The team has submitted a proposal seeking $1.5 million in funding, without which they may have to discontinue support for Lido […]

The post South Korea to track North Korea’s Weapons Financing with Crypto! appeared first on Coinpedia Fintech News South Korea is set to introduce new legislation aimed at tracking and freezing cryptocurrencies used by North Korea for its illegal weapons program. The bill comes as the North Korean regime has been accused of stealing more […]

Solana has seen steady inflows over the last nine weeks, even as other crypto investment products have faced outflows over a similar period. Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins including Ether (ETH), suggesting it’s the “most loved altcoin amongst investors” according to […]

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s ‘Close Directional Relationship’ With Nikkei Index Mike McGlone, a senior […]

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers. Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain […]

The Bank of New York Mellon has provided insights into why the growth of the BRICS economic alliance is unlikely to impact the U.S. dollar’s dominance as the global reserve currency. “We think the most important factor for dollar use into the next decade revolves around technology instead,” said the investment bank’s analyst. BNY Mellon […]

The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder Eric Schiermeyer filed on Aug. 31, alleges wrongdoing on the part of another co-founder, Wright Thurston. The case additionally names Thurston’s investment vehicle, […]

Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and […]