Author: NBTC
An entire Bitcoin block was apparently produced by a solo miner earlier this Monday. The miner earned a reward of 3.125 BTC (roughly $303,500 at current prices). Bob Burnett, founder, and CEO of Barefoot Mining, believes that the block was also possibly mined by a nation-state miner or a private “It can be a huge thrill from winning a block but if you publish them all it can start to reveal too much information publicly… There is no upside to that information being known and plenty of downsides,” Burnett said. Bitcoin blocks produced by solo miners are incredibly rare since…
The AI-driven artistic project initiative will launch on February 19th, 2025 by combining blockchain technology with literature and photographs. The AI project HOWL.camera by Ross Goodwin creates a digital interpretation of Howl by Allen Ginsberg as a partnership between theVERSEverse and the Allen Ginsberg Estate. The Fahey/Klein Gallery in Los Angeles will be the first venue to exhibit the project and be available on fx(hash). Through AI and generative tools, Goodwin transforms HOWL into an interactive visual experience. Through Markov chains image recognition techniques and ascii representations the project unites Ginsberg‘s black-and-white photographs and poetry to create blended artwork. The…
The cryptocurrency community has long memories, and no story encapsulates this better than the dramatic rise of Bitcoin in the wake of former Canadian Prime Minister Justin Trudeau’s mockery of crypto investments. What started as a political jab at Conservative Party leader Pierre Poilievre’s pro-Bitcoin stance has now become a cautionary tale about underestimating the resilience of digital assets. Since Trudeau’s infamous remarks, Bitcoin has surged nearly 400%, leaving many asking, “Who’s laughing now?” The Bitcoin mockery that backfired On September 13, 2022, Trudeau criticized Poilievre’s advocacy for Bitcoin, painting it as “reckless economic ideas.” While he didn’t mention Poilievre…
The cryptocurrency market is thriving, with Bitcoin soaring to new heights and the overall market cap surpassing $3 trillion. However, despite the market’s success, there is ongoing debate about the role of regulation and how it will shape next. Recently, House Financial Services Committee Chairman Rep. French Hill said that excessive regulation has harmed the crypto market. In an interview with CNBC, Hill pointed to the flourishing Bitcoin ETF market as evidence that regulation, when done right, can help grow the market. But he also noted that the SEC’s previous resistance to a Bitcoin ETF, which led to a federal…
A former high-tech corporate lawyer has advocated for sector-specific regulations for decentralized finance that leverage the technology’s strengths while addressing its weaknesses. The Importance of Collaboration Ran Hammer, a blockchain and crypto-focused lawyer, is advocating for sector-specific laws for decentralized finance (defi) that consider the strengths and weaknesses of the underlying technology. According to Hammer, the goal is not to impose stringent regulations but to achieve efficiency and fairness in trading platforms. However, unlike in centralized finance (cefi), these goals can be “achieved on a technological level and built into various protocols.” Hammer, the business, marketing and communities lead at…
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). As interest in digital assets continues to rise, a new phase of corporate adoption for Bitcoin appears to be taking shape, with publicly listed firms following MicroStrategy’s lead by adding BTC to their balance sheets. It all started with MicroStrategy (MSTR) adopting BTC as Treasury asset in 2020. Since then, its share price has jumped almost 2,500%. Over the years, the company has boosted its coin stash through cash, at-the-market (ATM) equity offerings, convertible debt or, more recently, through preferred stock offerings. In 2024,…
Thailand with global tourism record is now setting its foot on digital assets following the Trump’s path to use Bitcoin on a daily use. The demand for crypto assets are rising in the country, that’s why Thailand wants to grow its digital economy, and to make that happen, the Thailand International Digital Business and Financial Center (TIDC) has brought in two new advisors—Tekin Salimi and Rushi Manche. This move is important because their expertise will help Thailand improve its blockchain and stablecoin systems, promote crypto adoption, and attract more digital investments. In simple terms, they’ll guide Thailand in becoming a…
TaskOn has announced a new partnership with CryptoIndex, also known as IndexCrypto. This effort is to help improve investment opportunities in the Web3 space. This news was shared through the X account of TaskOn. We’re excited to announce our collaboration with @IndexCrypto!CryptoIndex is a Web3 platform that enables the creation and trading of tokenized crypto indexes, allowing both retail and institutional investors to invest in or create cryptocurrency baskets. These indexes help… pic.twitter.com/D3JQM4lsWZ — TaskOn | Ultimate Web3 Community Growth Platform (@taskonxyz) February 10, 2025 CryptoIndex Offers Diversification for Crypto Traders This is Web3 crypto indexes platform which allows investors…
Top U.S. economist and professor of applied economics at the Johns Hopkins University in Baltimore Steve Hanke said in a recent interview that he does not like the idea of the U.S. government potentially creating a strategic Bitcoin reserve over the next few years. Hanke is known as a vigorous Bitcoin opponent who frequently criticizes the world’s largest cryptocurrency on his X social media account. U.S. Bitcoin Reserve is “stupidest idea” per Hanke In a recent X post, Steve Hanke shared an extract from his recent interview, where he shared his take on a suggestion made by the Senator Cynthia…
The cryptocurrency market has been busy with several transactions, generating millions in revenue from different protocols. As the weekend approaches, Tether has performed exemplary, topping the weekly revenue chart with $122.78 Million in fees for the last seven days. The latest data from DefiLlama shows the revenue performance of different sectors within the crypto ecosystem. The data shows that stablecoin issuers are performing well. This weekly fee revenue data highlights the success of protocols that focus on providing value to users willing to pay for services rather than relying solely on token price speculation. The revenue data indicates a change…