Self proclaimed Bitcoin inventor Craig Wright has wins a major lawsuit which saves him from paying $10 billion in cryptocurrency to his former business partner.
The director of Kenya's largest power provider, Peketsa Mwangi, said in an interview that they will offer geothermal energy to bitcoin miners, which will help reduce carbon emissions related to Bitcoin mining.
Just what is cryptojacking, the cyber attack carried out by crypto miners? Cryptojacking is a type of cyber assault in which a computing equipment is hijacked and operated by the perpetrator, and its capabilities are used to generate bitcoin illegally.
Aseries of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”
As the use of bitcoin grows, more and more locations are vying to attract bitcoin businesses and individuals. One such place is Lugano, Switzerland, which has adopted bitcoin as a de facto legal tender and offers a wide range of merchants that accept the cryptocurrency. You can now live in this Swiss city solely on bitcoin.
Due to the economic separation between Russia and the West resulting from the invasion of Ukraine, Russia is developing special institutions to mine and transfer crypto across borders.
My thinking on stablecoins has evolved greatly since I started writing about them four years ago. There are things I’ve gotten right (their emergence as a killer app for blockchain), things I’ve gotten wrong (the viability of Dai), things I was early on (adoption for vanilla payments) and things I remain conflicted on, like the viability of the undercollateralized AKA algorithmic variety.
Bitcoin is a monetary revolution that will change the world of the future. Bitcoin will not only change the world of the future forever, but it will also change it for the better. The Bitcoin system will enable the construction of a fairer and simply better world for everyone.
An unresolved problem is enhancing the dependability and quality of human connectivity, and Starlink can resolve that, which will improve decentralisation by changing bitcoin mining.
"No matter what political reasons are given for the war, the underlying reason is always economic." -A. J. P. Taylor