Author: NBTC

Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine’s former speed after it cuts hashrate. The miner can keep hashing and consuming electricity while accepted shares become vanishingly rare. Bitcoin Optech highlighted the failure mode on Sept. 18, drawing wider attention to an analysis that mining engineer Eric Price published in July. The finding concerns pool-assigned share difficulty, not Bitcoin’s network difficulty, and it describes a testable controller weakness rather than evidence of widespread miner losses. How Bitcoin mining vardiff gets stuck Pools assign each connection a share difficulty that is easier than Bitcoin’s…

Gold advocate and longtime Bitcoin critic Peter Schiff has jumped on the dramatic failure of the CLARITY Act to take another swipe at the world’s largest cryptocurrency. Schiff said that it was “very clear” that Bitcoin is worthless. “No act of Congress is necessary,” he snapped in response to a typically bullish comment made by Anthony Pompliano. As reported by U.Today, the U.S. Senate failed to advance the CLARITY Act on Tuesday. This was undoubtedly a crushing defeat for the cryptocurrency industry. Sixty votes were required to advance the legislation to debate. All Democrats who voted opposed moving forward. Government…

In brief Sony has argued in court that players don’t own the digital games they buy, the latest flashpoint in a long-running dispute over digital ownership. Traditional property law protections against seizure don’t apply to digital assets, leaving platform operators free to revoke or edit content a user has paid for. NFTs give users a verifiable, self-held record of ownership, but public metadata and reliance on centrally hosted files have limited that promise—problems that encrypted NFTs are being pitched to solve. News that Sony is arguing in court that digital games can’t be owned by players that bought them is…

The Indian crypto market has long been connected to active trading and short-term bets. But now, the focus is slowly shifting as more wealthy investors begin to enter the space. High-net-worth individuals (HNIs) have started seeing crypto as a long-term investment rather than a trading option. According to BitDelta India CEO Vikaas Sachdeva, HNIs and family offices have already begun allocating small amounts into crypto. He believes that if these investors continue to embrace crypto, it could eventually turn into a bigger shift toward long-term crypto investments in India. India’s Crypto Story May Be Entering Its Second Phase The latest…

Crypto interest in India is taking a surprising turn today, with smaller tokens stealing the spotlight from Bitcoin. According to CoinGecko’s trending list, tokens like Asentum, Edel, and Origin LGNS are gaining more attention than $BTC. This trend has raised questions about whether Indian investors are becoming more interested in these high-risk, speculative tokens than in the pioneer cryptocurrency. Asentum, Edel, Origin LGNS Lead the Trending Crypto List in India Cryptocurrencies like Asentum, Edel and Origin LGNS remain at the top of CoinGecko’s India trending crypto list. This means that these smaller-cap tokens have attracted more interest than Bitcoin, with…

Negotiators for the two political parties had hashed out more than 600 pages of legislative compromise, but a few final sections of the bill — such as the ethics provisions meant to curtail senior government officials from maintaining crypto business ties — turned out to feature insurmountable rifts. And the closer the process dragged toward the elections, the more likely it was that political pressures would get in the way of a bipartisan deal. Leading Republican negotiator Senator Cynthia Lummis made the final pitch before the vote, but she failed to convince enough colleagues to join her.“Do not let this…

KuCoin has rolled out its Wealth RWA Multi-Asset Strategies, offering direct access to $USDT holders for institutional investment strategies. This initiative allows users to benefit from diversified multi-asset options without needing to off-ramp their stablecoins. As reported in a recent tweet, the strategies include options like the All-Weather Multi-Asset Strategy which is principal protected. What Went Down The introduction of KuCoin’s Wealth RWA Multi-Asset Strategies comes amid a mixed sentiment in the broader crypto market. This offering allows users to allocate $USDT directly into actively managed strategies, enhancing their investment opportunities. With the current crypto landscape displaying varied momentum, this…

Bitcoin’s Coinbase COIN$172.04·Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto legislation and the prospect of tighter monetary policy. The premium measures the difference between bitcoin’s dollar price on Coinbase and its USDT price on Binance. CryptoQuant’s Coinbase Premium Index tracks that gap as a percentage of price. Tuesday’s reading of around -0.07% works out to roughly $50 on a $75,900 bitcoin – a thin margin but one that points to relatively weak buying demand on the U.S. exchange. The discount has deepened to around -0.07%…

Aurora Intents has processed more than $19 million across 1,718 swaps for the zkSNARKS auction, accounting for over half of the assets converted and deposited into the $ZEC-denominated sale. Aurora Intents handled half of the auction volume Aurora Labs CEO Declan Hannon told crypto.news that Aurora Intents processed just over $19 million of the $36.94 million deposited for the zkSNARKS auction, with the conversions completed through 1,718 swaps. “It’s the value, the dollar value of assets converted into $ZEC. Aurora Intents processed over 50% of the total volume swapped and deposited for the auction. Just over $19M out of $36.94M…

South Korea has opened a legal pathway for tokenized securities backed by domestic underlying assets, such as money market funds (MMFs), to be issued and sold in overseas blockchain markets. The move follows a recent interpretation by the Financial Services Commission (FSC) indicating that such offerings would not violate the country’s Electronic Securities Act, provided certain conditions are met. Regulatory Clarification The FSC’s interpretation, reported by The Korea Economic Daily TV, clarifies that issuing and selling tokenized securities, also known as security token offerings (STOs), based on domestic underlying assets to overseas investors is permissible under current law. This marks…