A new partnership between Ordlify, a no-code platform for developing Bitcoin Ordinals collections, and Magic Eden, a top cross-chain NFT marketplace, is set to revolutionize the experience for creators and collectors within the Bitcoin Ordinals ecosystem. This collaboration aims to make it easier for non-technical creatives to mint and sell their collections by providing seamless
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Coinbase, a prominent crypto company, faced repercussions from the UK Financial Conduct Authority (FCA) as they were fined £3.5 million for Anti-Money Laundering violations. The FCA highlighted CB Payments Limited’s repeated breaches of guidelines, leading to the substantial penalty. Despite an initial fine of £5 million, a settlement discount reduced it to £3.5 million. This
In a surprising turn of events, a Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, earning a reward of $206,000 in Bitcoin. This feat is particularly remarkable considering the device has just a 1 in 1.1 billion chance of achieving such a
OKX Racer is a thrilling Telegram mini app that offers users the opportunity to predict the price of Bitcoin within a short five-second window. One of the main draws of OKX Racer is its free-to-play model, allowing users to earn points and rewards with accurate predictions. Getting started with OKX Racer is a breeze. Users
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been a long and drawn-out process, with the trial phase starting in April 2024, more than three years after the initial process began. Despite being in its final stage, the conclusion is yet to be reached. Ripple’s CEO has hinted
The second day of trading for the spot Ethereum ETFs saw a significant shift in investor sentiment, with over $133 million being withdrawn from the largest financial vehicles. This led to a massive price drop in the underlying asset, with Ethereum’s price plummeting by 10% in a single day. This stark reaction confirmed earlier predictions
Cynthia Lummis recently raised concerns about the Biden administration’s proposal to impose a 30% excise tax on the energy consumed by Bitcoin miners. She argues that this tax could have severe consequences for the growing Bitcoin mining industry in the U.S. Lummis believes that the administration’s concerns about environmental pollution and risks to the energy
The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently took part in a discussion where they openly criticized the Biden-Harris Administration’s handling of the cryptocurrency industry. They highlighted a series of regulatory challenges that they believe are stifling innovation and growth in the sector. One of the main criticisms was directed at
The Machines Arena Play-to-Airdrop (P2A) campaign offers a gamified reward system that aims to actively engage users and provide them with lucrative returns through a play-to-earn strategy. Players can earn points through various activities both inside and outside the game. To participate in the campaign, players need to register on the official Machines Arena website
BitcoinOS developers achieved a groundbreaking feat in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This pivotal moment has paved the way for revolutionary advancements in Bitcoin layer 2 rollup systems, promising unparalleled scalability and functionality without the need for modifications to the underlying consensus code. The final verification
Dalmas Ngetich, a notable crypto reporter, has made significant contributions to the industry with his unique perspective and extensive experience. With a background in mechanical engineering and over a decade of journalism experience, he has crafted a plethora of news and feature articles, showcasing his expertise in NFTs, blockchain, DeFi, and other relevant topics. His
The Russian State Duma has recently passed a bill that legalizes Bitcoin mining and allows for the use of cryptocurrencies in international trade. This bill, which has been in the works for several years, is set to go into effect on September 1 pending final approval. The decision was made after a session where 404
After years of legal battles and uncertainties, the crypto exchange Bitstamp has taken a crucial step towards returning recovered digital assets to the creditors of the now-defunct Mt. Gox exchange. This initiative signifies a major milestone in the decade-long endeavor to compensate those affected by the infamous 2014 hacking incident that ultimately led to Mt.
The recent news of Mt. Gox initiating repayments to creditors affected by the 2014 hack has brought both relief and concern to the crypto market. While Kraken has successfully distributed all the Bitcoin and Bitcoin Cash owed to Mt. Gox creditors, the price of these cryptocurrencies has remained stable. This stability could be attributed to