crypto

Ethereum co-founder Vitalik Buterin advocates copyleft to counter tech monopolies

Ethereum co-founder Vitalik Buterin advocates copyleft to counter tech monopolies

Ethereum co-founder Vitalik Buterin said he is rethinking his long-held preference for permissive software licenses, advocating for broader use of “copyleft” frameworks as open source enters what he described as a more competitive and concentrated era. In a blog post published on July 7, Buterin explained that permissive licenses such as MIT or CC0 have […]

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Bit Digital converts entire 280 BTC reserve to 2M worth of Ethereum

Bit Digital converts entire 280 BTC reserve to $172M worth of Ethereum

Bit Digital sold 280 Bitcoin (BTC) from its treasury and used the proceeds to purchase Ethereum (ETH), marking the completion of a three-month transition to an Ethereum-only treasury strategy. According to a July 7 announcement, the New York-based miner also closed an underwritten share sale that raised approximately $172 million in gross proceeds, as stated

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CoreWeave’s B acquisition of Core Scientific sparks legal investigation

CoreWeave’s $9B acquisition of Core Scientific sparks legal investigation

CoreWeave, a rising player in the artificial intelligence industry, has entered a definitive agreement to acquire Bitcoin mining company Core Scientific in an all-stock transaction, according to a July 7 announcement. This strategic move would help CoreWeave to strengthen its data center capabilities and expand its AI and high-performance computing (HPC) infrastructure. Agreement terms Under the

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Ton Foundation clarifies misleading announcement regarding UAE golden visa

Ton Foundation clarifies misleading announcement regarding UAE golden visa

The TON Foundation has denied claims that it has launched an official UAE Golden Visa initiative, clarifying that no formal partnership exists between the blockchain project and the UAE government. The clarification follows widespread social media reports suggesting that digital asset investors could gain UAE residency through staking TON tokens. Over the weekend, TON promotions

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US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

The Eleventh Circuit Court of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the Treasury’s sanctions against Tornado Cash and instructed the lower court to dismiss the case.  The one-page mandate ends the Coin Center v. Yellen appeal, the only remaining case over OFAC’s August 2022 designation of the Ethereum-based

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Russia launches crypto mining equipment registry to curb illicit activity

Russia launches crypto mining equipment registry to curb illicit activity

The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of a coordinated effort between the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development. Authorities have

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Musk’s Political Party Pledge Shakes Up Washington

Musk’s Political Party Pledge Shakes Up Washington

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Elon Musk has stirred up Washington by announcing that his yet‑to‑be‑registered “The American Party” will back Bitcoin. His move comes as he takes aim at what he calls wasteful government spending and vows to shake up the status quo. Musk’s short statement—that

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XRP Price Risks Breakdown To Next Support Level, Why .28 Is Important

XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is Important

The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a major level of pushback for the bears. This has shown that buyers are beginning to make a comeback at this level amid predictions that it will be the bounce point for the next rally. Regardless

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Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security

Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security

Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims: “By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors, improve network stability, and

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TON offers UAE golden visa for stakers, making residency by crypto a reality

TON offers UAE golden visa for stakers, making residency by crypto a reality

Telegram’s Open Network (TON) today announced an interesting initiative: a 10-year UAE Golden Visa to investors who stake $100,000 worth of Toncoin (TON) for three years. The program dramatically lowers the entry threshold for residency in the United Arab Emirates and is the first of its kind within the crypto space. How the TON golden

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