Significant development in the Bitcoin sphere: Miners recently earned an impressive $106.7 million in revenues, marking a new peak. Remarkably, three-quarters of this amount, approximately $79.7 million, were derived solely from transaction fees. According to Jonathan Merry, CEO of banklessTimes, the growing income of Bitcoin miners, primarily from transaction fees, underscores the robustness of its … Read more
Robert F. Kennedy Jr., a U.S. presidential hopeful, suggests making the country’s 2024 budget transparent by placing it on a public blockchain. At a rally in Michigan on the 21st of April, Kennedy proposed making the US budget transparent by placing it on the blockchain, enabling citizens to view and check any budgetary detail whenever … Read more
Cryptocurrency mining has been outlawed in Angola following new legislation passed earlier this year to safeguard the country’s energy resources. This prohibition comes as a warning to Chinese citizens residing in Angola, who constitute a significant number of crypto miners, from their embassy, as crypto mining is considered an illegal activity in the country. The … Read more
On April 20th, there was a Bitcoin halving – an event that cut down the mining rewards from 6.25 Bitcoins per block to 3.125 Bitcoons. This change has sparked debates among cryptocurrency experts about its impact on network security and the possibility of further growth in the industry. Emin Gün Sirer, the creator of Avalanche, … Read more
Nadee Anjarwlla, a high-ranking official at Binance, was located in Kenya after escaping Nigerian detention. He could be extradited back to Nigeria relatively soon to answer for his actions. Last week, according to the Daily Post in Nigeria, Nigerian authorities have found Anjarwalla in Kenya and are working together with Kenyan officials to bring back … Read more