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Crypto Mining Farm Uncovered in Russia’s Oldest Prison – Mining Bitcoin News
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified…
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Introducing Bitcoin Pizza Day merch for crypto OGs
Twelve years ago today, on May 22, 2010, programmer and early Bitcoin (BTC) miner Laszlo Hanyecz made history when he traded 10,000 BTC for two large pizzas. It was the first real-world cryptocurrency transaction, and media attention…
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6 Questions for Sonali Giovino of Defiyield – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Sonali Giovino, head of communications at…
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UK Treasury amid Terra crash
We only seek to legalize fully backed stablecoins says the Treasury
As the crypto world gears up to deal with the consequences of the death spiral suffered by the Terra ecosystem last week, the United Kingdom’s Department of…
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2 Pizzas for 10,000 BTC
On May 22, the cryptocurrency community celebrates international Bitcoin Pizza Day. Less than two years after Satoshi Nakamoto published the nine-page Bitcoin whitepaper, Laszlo Hanyecz legitimized the use of…
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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion – Blockchain Bitcoin News
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains…
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The tools for a truly decentralized future
Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, non-fungible tokens (NFT) and the Metaverse. It turns out that ongoing innovations across the crypto…
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G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation – Regulation Bitcoin News
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and…
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Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and six months of…
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Is there any future for algorithmic stablecoins?
TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083.This isn’t supposed to happen, of course, but last week UST, along with its affiliated coin Terra (LUNA),…
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