Opinion by: Mark Jones, founder of Hana Wallet It’s often forgotten that the first emails were sent between US college professors looking to share files and work collaboratively in the early 1970s. The sending of emails between two professors initially involved using a closed system between two computers on the ARPANET that would enable messages…
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Bitcoin’s foundational document turned 17, marking the journey of the world’s first decentralized digital currency from a niche financial experiment to a $2 trillion global asset held by governments and institutions. Bitcoin creator Satoshi Nakamoto first shared the Bitcoin white paper 17 years ago today, on Oct. 31, 2008, in response to the global financial…
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Mining hardware producer Canaan has won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid. According to a Thursday announcement, the company will supply an electrical engineering solutions provider with Bitcoin mining ASICs with a capacity of 4.5 MW for…
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Some of the leading privacy coins are defying the gravity of the digital asset market, signaling growing investor demand for privacy-focused cryptocurrencies. Zcash (ZEC) surged to an over eight-year high of $388 on Friday after rising 7.6% in the last 24 hours, according to data aggregator CoinMarketCap. With a $6.2 billion market capitalization at the…
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Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million). Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a Wednesday speech, crediting a data scientist who has become known within the agency as a “crypto safe cracker.” During an investigation into a purported “well-connected…
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Key takeaways: Bitcoin is set to end October in the red, breaking a six-year “Uptober” streak. Traders are divided, with some fearing a significant correction ahead, while others still anticipate new highs in Q4. Bitcoin (BTC) is set to end October in the red for the first time in seven years, with traders divided over…
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AllUnity’s euro-backed stablecoin, EURAU — a joint venture between Deutsche Bank and asset manager DWS — is expanding across multiple blockchains by using Chainlink’s crosschain infrastructure. According to a Thursday announcement shared with Cointelegraph, EURAU will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect with Ethereum, Arbitrum, Base, Optimism, Polygon and Solana. The company said…
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Opinion by: Bill Laboon, vice president of Ecosystem at the Web3 Foundation Sam Altman, CEO of OpenAI, recently showed a moment of humanity in a tech world that often promises too much, too fast. He urged users not to share anything with ChatGPT that they wouldn’t want a human to see. The Department of Homeland…
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Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress.…
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Scandinavia’s largest bank, Nordea, has shifted its stance on crypto in the face of growing adoption and regulatory clarity, announcing its customers can access an external Bitcoin-linked exchange-traded product (ETP) in December. The Bitcoin ETP, developed by digital asset investment firm CoinShares, holds Bitcoin (BTC) as its underlying asset, Nordea stated on Thursday. The ETP…
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