The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering.With the motive to enhance … [Read more...] about Crypto tumblers, exchanges under microscope as DOJ launches new task force
Bitcoin (BTC) technical analyst Willy Woo believes that this is not a bear market because on-chain indicators are signaling a recovery and that the asset is still being bought by long-term hodlers.The popular analyst’s comments came in an interview on the What Bitcoin Did podcast on Monday. Woo stated that he does not believe that Bitcoin is in a typical bear market due to … [Read more...] about ‘Rick Astley’ hodlers a key force again, and on-chain signals suggest ‘recovery’
Last week, Michael D. Carter of YouTube channel Bits Be Trippin’ authored Ethereum Improvement Proposal (EIP) 3368. This introduces the idea of increasing block rewards from two to three Ether, with a gradual decay to one Ether over two years.“Changes the block reward paid to proof-of-work (POW) miners to 3 ETH from existing 2 ETH and starts a decay schedule for next two years … [Read more...] about Will Ethereum miners stop “show of force” for more block rewards?
Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559.Amid the backdrop of ever-escalating Ethereum fees, the Ethereum Improvement Proposal seeks to replace the network’s existing bidding-based fee market with a fixed price and burn mechanism. However, EIP-1559 — which is scheduled to … [Read more...] about Ethereum miners plot hash-power ‘show of force’ against EIP-1559
On Jan. 3, 2009, Satoshi Nakamoto mined the Bitcoin genesis block and launched the largest technological gold rush of the century. Bitcoin (BTC) was at once a software, a “protocol,” a network, a development team and a new thing called cryptocurrency. Simultaneously, cloud technology proved that abstractions and application programming interfaces could facilitate explosive … [Read more...] about How blockchain can become a force of nature