The miner earned $263,000 with a relatively simple Bitaxe mining machine A solo Bitcoin miner has recently achieved a remarkable feat by using a basic mining rig to capture a full mining reward worth $263,000. This miner, who used a small, affordable 480-gigahash per second (GH/s) Bitaxe machine, solved a block in the blockchain and
The casino operator is the first to bring cryptocurrency to US land-based gambling Choctaw Casinos & Resorts has taken a significant step in modernizing its payment options by allowing cryptocurrency transactions through a partnership with Bitline. This move makes it possible for patrons to convert digital assets into casino chips and withdraw winnings using crypto,
The move is seen by some as a possible pilot program for further government action The US Department of Housing and Urban Development (HUD) is reportedly exploring the potential use of blockchain technology and stablecoins for tracking grants and making payments. While the idea is still in its early stages, discussions within the agency suggest
The state is one of several that are interested in maintaining cryptocurrency reserves Yesterday, as President Trump was signing a federal cryptocurrency reserve bill, Texas lawmakers advanced a bill aimed at establishing a strategic reserve for Bitcoin, further cementing the state’s position as a key player in the digital currency space. The bill, SB-21, was
Commerce Secretary Howard Lutnick expects the government to advance crypto support The US government is considering establishing a strategic Bitcoin reserve, with Commerce Secretary Howard Lutnick confirming that plans will be unveiled at the upcoming White House Crypto Summit tomorrow. The proposal, led by the Trump administration, aims to give Bitcoin a central role in
Alexis Ohanian is now part of Project Liberty, although suggests a twist to how TikTok would operate Alexis Ohanian, co-founder of Reddit, has confirmed his involvement in a bid to acquire TikTok’s US operations. He has joined Project Liberty, a group led by businessman Frank McCourt, with the goal of integrating blockchain technology into the
House representatives strive to give better stability to cryptocurrencies A new initiative called the “Congressional Crypto Caucus” has been introduced by US Representatives Ritchie Torres and Tom Emmer. The goal of the caucus is to advance crypto-friendly policies in the House of Representatives. Torres shared the announcement on his X account yesterday. The caucus is
The government has clawed back millions in stolen crypto that it’s now returning to victims US authorities are taking action to return $8.2 million in cryptocurrency to victims of a fraudulent investment scheme that tricked individuals into transferring funds. The scam, which involved sending deceptive messages to unsuspecting people, convinced victims to invest in what
The battle that began almost two years ago was dropped voluntarily The US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Coinbase, marking the end of a legal battle that began in June 2023. According to court filings from February 27, the SEC voluntarily dismissed all litigation against the cryptocurrency exchange and
The bill would reverse a reporting rule the IRS previously implemented US lawmakers in the House of Representatives have introduced a resolution aimed at overturning an IRS rule that would require brokers to report cryptocurrency transactions. The measure, known as the “DeFi broker rule,” was approved in December and is set to take effect in
Kaspersky has identified several malicious apps circulating in the repository Hackers are using GitHub to distribute fake projects designed to steal cryptocurrency and sensitive information, according to cybersecurity firm Kaspersky. The campaign, dubbed “GitVenom,” involves the creation of hundreds of fraudulent repositories that trick users into downloading malware disguised as legitimate software. These projects often
A state bill would put cryptocurrency in the same group as traditional currency Ohio lawmakers are pushing forward a bill that would prevent the state from imposing additional taxes on cryptocurrency when used for payments. House Bill 116, introduced by Representative Steve Demetriou and backed by several co-sponsors, seeks to ensure that digital assets like
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