Tag: News

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AWS Seeks a Specialist to Develop Amazon’s ‘Digital Currency and Blockchain Strategy Roadmap’

This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital asset community.” AWS Is Looking for a Principal Digital Assets Specialist…
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Burger King Giving Away Bitcoin, Ether, Dogecoin in Partnership With Robinhood

Burger King is giving away 20 bitcoin, 200 ether, and two million dogecoin this month in partnership with trading platform Robinhood. “Each entrant may receive up to 21 Prize Codes” that can be redeemed for cryptocurrencies on Robinhood. ‘Burger King With a Side of Crypto’ Fast food restaurant chain Burger King has announced “Burger King…
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Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation

Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by the national police, officers from the national power company, and personnel from Sunacrip.…
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Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms

The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency,…
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Patreon Considers Allowing Creators to Use Crypto for Monetization

Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021 Creator Economy Summit. This is consistent with a report presented last…
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Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally

According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion of citizens that hold cryptocurrencies globally, the survey also discovered…
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A New Academic Paper Describes 3 Attack Methods Against an Ethereum PoS Chain

Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group of computer scientists from Stanford University and the Ethereum Foundation believe there are three attack…
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While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto…
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The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the…
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Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report

Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report…
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