Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack.
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In February, the U.K.'s central bank and finance ministry said they were starting further research and development on a digital version of the pound sterling, and invited the public to weigh in on the plans. While the project has been dubbed Britcoin in the press, the bank is less keen on the moniker, saying no decision has been made on whether a digital pound would use distributed ledger technology.
Within the crypto sector, how you store your digital assets remains the chief concern for investors. Subsequently, with so many different options, features, and functions, understanding the base difference in wallet types is vital. This leads us to discuss hot wallets vs. cold wallets and to provide you with everything you need to know.
Foundry, the Bitcoin mining arm of Digital Currency Group, will stop providing its services for free, according to a notice distributed to clients as reported by Bloomberg.
Momentum for Bitcoin (BTC) and ether (ETH) is currently traveling in opposite directions.
The Relative Strength Index (RSI), a technical indicator that measures price swings, suggests bitcoin’s price is stalling, while ether’s is likely to push higher in the near future. So far this week, BTC’s price has hovered around the $28,000 threshold where it’s stood most of the past three weeks, while ETH has risen above $1,900 for the first time in nine months.
Buncombe County in North Carolina is considering a one-year moratorium on cryptocurrency mining as it explores the environmental impact and necessary regulations.
Hut 8 generated 31 Bitcoins for a daily production rate of around 4.2 Bitcoins.
Ethereum mainnet Archive Node service, ArchiveNode.io, said it will be shutting down, claiming that the project has been a success.
The team will continue to build applications and developer tools for RARA as part of the Mask ecosystem of Web3 social builders.
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