Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction

According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29,...

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$31,000 Per Reported Bug Up For Grabs In Swisstronik’s New Bug Bounty Program

PRESS RELEASE. Swisstronik, the layer-1 network for developing scalable dApps which safeguard and maintain privacy for users’ data while remaining regulatory compliant, is excited to announce the launch of its first testnet....

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SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through...

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Biggest Movers: SHIB Stays Close to Recent 2-Month High on Monday

Shiba inu remained close to a two-month high to start the week, as sentiment in the meme coin remained mostly bullish on Monday. This comes despite the global cryptocurrency market cap mostly consolidating in today’s session....

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Bitcoin, Ethereum Technical Analysis: BTC Slightly Higher Ahead of This Week’s US Economic Data

Bitcoin started the week trading higher, as markets prepared for a big week of economic data in the United States. The headline announcement will be Friday’s nonfarm payrolls, in addition to services and manufacturing activity...

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UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms

Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the...

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$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan

Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity...

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US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs

Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on...

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Kenyan Data Regulator Issues Warning as Residents Rush to Get Worldcoin’s ‘Free Money’

The Kenyan data regulator said it is conducting an “assessment of Worldcoin’s practices to ensure compliance with the law.” The data regulator has urged “increased vigilance” by Kenyans who are signing up to receive Worldcoin’s...

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator...

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Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide

This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal...

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US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto

The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want someone they control to...

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SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto,...

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China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report

BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase...

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Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On

Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe me or don’t get it,...

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Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices

The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition...

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Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year

Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction,...

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Biggest Movers: DOGE Rebounds, as SHIB Surges 5% Higher on Saturday

Dogecoin snapped a three-day losing streak on Saturday, as the meme coin found a point of support. The move came as X, formerly Twitter, continued its re-brand by showcasing its new logo over the San Francisco skyline....

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‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official

In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3...

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69% of Meme Coin Investors Buy for Fun — Study Delves Into Investor Sentiments on Meme Coins

A new study conducted in May 2023 sought to uncover insights, perspectives, and outlooks on meme coins from crypto investors around the world. The online survey of 1,503 participants aimed to gauge meme coins’ potential...

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Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume

With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed...

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Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel

The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder....

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