News
Bitcoin Mining Difficulty Jumps 9.26%: Largest Hash Rate Increase Since January
https://mempool.space/mining
1 min read
News
News
Huge Chinese Database of Faces and License Plates Leaked: Over 800M Records
* Representing one of the biggest known data security lapses of the year by scale, second to a massive data leak of 1 billion records from a Shanghai police database in June. * Exposed data belongs to a tech company called Xinai Electronics. * The company builds systems for controlling access for people
1 min read
News
Iran Greenlights Bitcoin Payments For Imports
* Iran passed an act which enables the use of bitcoin and cryptocurrency payments for imports through a comprehensive legal framework, per a report from local news outlet Tasnim. * Iranian Minister of Industry, Mine and Trade Reza Fatemi Amin revealed that the recently passed law defines regulations on cryptocurrencies, addresses supply
1 min read
News
New York Digital Investment Group Announces Lightning Accelerator Project Called “In Wolf’s Clothing”
* The accelerator is geared toward individual founders and small teams, developers working on Lightning, Taro and covenants, and pre-seed, seed, series A companies. Transportation and lodging will be provided for participants from anywhere in the world. * The program will be run in eight-week cohorts. There will be 8-12 teams per
1 min read
News
Tether Holds Firm on Decision Not To Freeze Tornado Cash Addresses, Awaits Law Enforcement Instruction
* OFAC has not indicated that a stablecoin issuer is expected to freeze secondary market addresses that are published on OFAC’s SDN List or that are operated by persons and entities that have been sanctioned by OFAC. Further, no US law enforcement agency or regulator has made such a request
1 min read
News
Tether is Not Blacklisting Accounts Associated with Tornado Cash
* “Tether has not been contacted by U.S. officials or law enforcement with a request” to freeze transactions with Tornado Cash, Tether’s chief technology officer, Paolo Ardoino, said in a statement, adding that the company “normally complies with requests from U.S. authorities.” * It is not clear whether Tether
1 min read
News
BIPBounty: Tax Deductible Bug Bounties for Bitcoin
* Incentivize the research, development, and vetting of Bitcoin Improvement Proposals by implementing a system for crowdsourcing tax-deductible bug bounties https://bipbounty.org/ archive: https://archive.ph/dJSRU
1 min read
News
Intel Signs $30 Billion Funding Partnership With Brookfield to Finance Chip-Factory Expansion
* Intel would fund 51% of the cost of building new chip-making facilities in Chandler, Ariz., and will have a controlling stake in the financing vehicle that would own the new factories, Intel Chief Financial Officer David Zinsner said. Brookfield will own the remainder of the equity and the companies will
1 min read
News
US Congressman Tom Emmer Writes Letter to US Treasury in Defense of Ethereum Privacy Tool 'Tornado Cash'
* "The growing adoption of decentralized technology will certainly raise new challenges for OFAC. Nonetheless, technology is neutral and the expectation of privacy is normal." https://nitter.net/RepTomEmmer/status/1562084891247902721 archive: https://archive.ph/df8dE
1 min read
News
Coinbase Faces Class Action for Crashing During Volatility, Listing Securities
* class-action lawsuit is asking for $5 million in damages from Coinbase over the exchange’s propensity to crash during market volatility https://www.theblock.co/post/165003/coinbase-faces-class-action-for-crashing-during-volatility-listing-securities archive: https://archive.ph/4AG8v
1 min read
News
Former Security Lead at Twitter Goes Public with Concerns Over Security on the Platform
* Peiter "Mudge" Zatko * a chaotic and reckless environment at a mismanaged company that allows too many of its staff access to the platform's central controls and most sensitive information without adequate oversight https://www.cnn.com/2022/08/23/tech/twitter-whistleblower-peiter-zatko-security archive: https://archive.ph/QuRSG
1 min read
News
PayPal Joins Surveillance Compliance Trade Group "TRUST"
* 38 members, including: Anchorage Digital, Binance, bitFlyer, BitGo, Bittrex, BlockFi, Circle, Coinbase, Crypto(.)com, Fidelity Digital Assetsˢᵐ, Gemini, Kraken, Nexo, Paxos, Prime Trust, Robinhood, sFOX, Shakepay https://blog.coinbase.com/paypal-joins-the-trust-travel-rule-solution-10ac8e6e19ac archive: https://archive.ph/cqLaU
1 min read