U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each. Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including bitcoin. The names had not […]
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KYC is Becoming a Key Legal Requirement for Mining Pool Providers
As the cryptocurrency industry matures, governments and regulatory bodies worldwide are increasingly focusing on Know Your Customer (KYC) compliance. While exchanges and wallet providers have long been subject to stringent KYC and Anti-Money Laundering (AML) regulations, mining pool operators are now facing similar scrutiny. Mining pools play a crucial role in securing blockchain networks and […]
Continue ReadingWhat is a Mempool?
What is a Mempool? The mempool, short for memory pool, is a crucial component of a blockchain network, especially for cryptocurrencies like Bitcoin, Ethereum, and others. It is a temporary storage area for unconfirmed transactions that have been broadcast to the network but have not yet been added to a block on the blockchain. Essentially, […]
Continue ReadingWhat is Kaspa Cryptocurrency?
Kaspa Cryptocurrency: A Comprehensive Overview What is Kaspa? Kaspa (KAS) is a decentralized cryptocurrency and blockchain platform designed to offer fast and scalable transactions. The key distinguishing feature of Kaspa is its use of a unique consensus mechanism called GHOSTDAG (Greedy Heaviest Observed Subtree Directed Acyclic Graph). This is a highly scalable version of a […]
Continue ReadingWhat is Bitcoin Cryptocurrency?
Bitcoin Cryptocurrency: A Comprehensive Overview What is Bitcoin? Bitcoin is a decentralized digital currency, or “cryptocurrency,” that operates without a central authority, such as a government or financial institution. It uses a peer-to-peer network to enable users to send and receive payments securely over the internet. Bitcoin was designed as a way to facilitate online […]
Continue ReadingWhat Happens to Your Crypto When You Die?
Nearly everyone is familiar with bequeathing physical and financial assets, but the process of transferring cryptocurrency after you die might not be as popular. Typical assets include tangible items such as cash, property, jewelry and art, in addition to stocks and bonds. Recently, more and more people are adding digital assets to their portfolios, usually […]
Continue ReadingBitcoin Soars Above $103,000 in Record-Smashing Run
The original currency notched a new all-time high on Wednesday, breaking through the psychological barrier of $100,000 and then climbing even higher. The surge comes amid a climate of broader exuberance in the crypto industry, which is anticipating that the election of Donald Trump will lead to looser regulation and more blockchain innovation in the […]
Continue ReadingMeta Removes Millions of Accounts Pushing ‘Pig Butchering’ Investment Scam
Meta said Thursday that it removed more than 2 million accounts this year that sought to trick internet users around the world into forking over their money in fake investment schemes, part of a rise in criminal activity across the web. The accounts are linked to so-called pig butchering schemes, in which criminal organizations make […]
Continue ReadingCrypto Witch Hunt
SEC Sued by 18 States for Overstepping on Crypto Regulation 18 Republican Attorney Generals signed the lawsuit against the SEC and five of its commissioners for going after crypto companies and preventing the States from formulating their regulations. The lawsuit alleged that the agency’s crackdown on crypto companies goes against constitutionally bestowed powers to the […]
Continue ReadingCrypto’s Millions Yield Win
Republican Bernie Moreno unseated the incumbent Democrat in Ohio’s senate race, a major win for crypto companies that had funneled millions of dollars into his campaign. Moreno, a car dealer and blockchain entrepreneur, defeated Sherrod Brown late on Tuesday, putting the GOP on track for a Senate majority. Brown, a crypto skeptic and the chairman […]
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