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Bitcoin
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s…
US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million
The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit…
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and…
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new…
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the…
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from…
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported…