Author: e_cash_top
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Oklahoma signs bill into law protecting crypto spending, mining, and self-custody
[ad_1] Oklahoma has signed into law a bill protecting crypto-related rights. The Oklahoma State Legislature website indicates Governor Kevin Stitt approved HB 3594 on May 13. The bill comes into effect on Nov. 1. Under the new law, the Oklahoma state government cannot prohibit, restrict, or impair the use of crypto in purchases or the…
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CoinShares brought in $55 million in Q1 2024 in ‘strongest quarter ever’
[ad_1] CoinShares reported $55.2 million in revenue, gains, and other income for the first quarter. The EU crypto investment firm’s May 14 earnings report described the total as a 216% year-over-year increase. CoinShares also reported a comprehensive income of $42.9 million for the first quarter, an elevenfold year-over-year increase. It reported earnings before interest, taxes,…
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Polkadot funds $600k project to introduce smart contracts, boosting blockchain capabilities
[ad_1] The Polkadot Governance Community has approved approximately $600,000 for Pop Network’s R0GUE team to develop smart contracts that integrates the blockchain network’s native DOT token. Smart contracts are digital agreements stored on a blockchain that execute automatically when predefined conditions are fulfilled. These contracts are widely used on networks like Ethereum, but they are…
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State of Wisconsin Investment Board, Titan Global invest in spot Bitcoin ETFs
[ad_1] The State of Wisconsin Investment Board (SWIB) and others reported investments in spot Bitcoin ETFs. In a May 14 filing, SWIB disclosed 2.5 million shares of BlackRock’s IBIT worth $99.1 million and 1.0 million shares of Grayscale’s GBTC worth $63.7 million. The investment makes SWIB the second-largest holder of IBIT after Bracebridge Capital. SWIB…
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AI-powered social engineering not technical exploits now dominating 90% of cyber attacks
[ad_1] A newly published cyber threat report from Avast has revealed substantial dominance of social engineering in cyber threats during the first quarter of 2024. Per the report, nearly 90% of cyberattacks on mobile and 87% on desktop devices involved scams, phishing, and malvertising, exploiting human vulnerabilities more than technical weaknesses. A significant rise in…
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Breaking down Ethereum rollups – What makes a rollup optimistic vs zero knowledge?
[ad_1] Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the concept of Layer 2 chains in mind since 2014. As more users and decentralized applications (dApps) were released, transaction costs skyrocketed, and processing times slowed significantly. To address these challenges, developers explored…
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Crypto community outraged as court jails Tornado Cash developer for over five years
[ad_1] A Dutch court has sentenced Alexey Pertsev, a developer involved with Tornado Cash, to 64 months in prison. He was convicted of laundering $1.2 billion in crypto through the Tornado Cash mixer between July 9, 2019, and August 10, 2022. Pertsev’s legal team has a 14-day window to appeal the court’s decision. This verdict…
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TRON DAO Adds Google Cloud as a Super Representative Candidate on the TRON Blockchain
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions…
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Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release
[ad_1] Mining for the future: Bitcoin industry trends in the aftermath of the halving Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. [ad_2] Source link
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Roaring Kitty’s return triggers meme coin surge and GameStop stock spike
[ad_1] The meme coin sector emerged as a rare winner the past day despite the broader market drawdown that pushed prices of major digital assets like Bitcoin down. These meme assets’ upsurge can be attributed to the unexpected reemergence of Keith Gill, also known as Roaring Kitty and DFV, who played a pivotal role in…