Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief... Read more »

Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice

Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving.... Read more »

SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a penalty of... Read more »

Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners

The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC devices and... Read more »

Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens

On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with... Read more »

Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets

Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should... Read more »

Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders

Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be our last... Read more »

Okx Acknowledges Security Incident Involving Judicial Documents Forgery

Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement,... Read more »

US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian... Read more »

Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings

Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second... Read more »
Dip Your Toes in Crypto Blog