Month: April 2022

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours – Featured Bitcoin News

The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns The Idaho Department of Finance announced Wednesday “a series of fraudulentcryptocurrency schemes seen recently targeting Idaho investors.” The …

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Ice Cube's Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs

Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs – Bitcoin News

Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by the American rapper Ice Cube and Big3 decided to sell the rights tied …

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Bill Regulating Crypto Mining Submitted to Russian Parliament

Bill Regulating Crypto Mining Submitted to Russian Parliament – Regulation Bitcoin News

A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers to Review Legislation Enforcing Rules for Crypto Mining Sector The draft …

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The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined

The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined – Technology Bitcoin News

Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some degree. OP_Return Transaction Domination Slows Significantly Alleviating …

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Attackers Steal $80 Million From Rari Capital's Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News

Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …

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Chinese Authorities Target NFTs After Crypto Assets, Warns Public About ‘Hidden’ Financial Risks

World’s First NFT Museum in Seattle Aims to ‘Pull Back the Curtain’ on Blockchain Art

The world’s first permanent NFT art museum has opened in Seattle, aiming to “pull back the curtain” on blockchain-based digital art. Non-fungible tokens (NFTs) are a type of digital asset that has exploded in popularity recently, with NFT artworks selling for millions of dollars. NFTs exist on a blockchain, a record of transactions kept on …

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Prime Minister Modi Hails India as an Investment Destination for Semiconductors Tech

India to Offer More Incentives to Lure Companies in Semiconductors Push: IT Minister

India on Friday said it will expand its incentives for those investing in semiconductor manufacturing, as its government woos global companies in a bid to become a key player in the global supply chain for chips. A $10 billion (roughly Rs. 76,523 crore) incentive plan to attract semiconductor and display makers has drawn applications from …

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