Dalmas is a seasoned crypto reporter with a background in mechanical engineering and over a decade of experience in journalism. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex,
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Coinbase, a prominent player in the cryptocurrency industry, faced a significant setback as the UK’s Financial Conduct Authority (FCA) imposed a hefty fine of £3.5 million ($4.5 million) on its subsidiary, CB Payments Limited (CBPL). The fine was the result of CBPL’s repeated violations of the FCA’s Anti-Money Laundering guidelines. Despite agreeing to strengthen its
The collaboration between the no-code platform Ordlify and the cross-chain NFT marketplace Magic Eden is set to revolutionize the experience for creators and collectors within the Bitcoin Ordinals ecosystem. This partnership aims to streamline the process of designing, managing, and inscribing Ordinals collections, ultimately making it easier for non-technical creatives to mint and sell their
A remarkable event unfolded on July 24 when a Bitcoin mining device, known as “Bitaxe,” with a hashrate of only 500 gigahashes per second (Gh/s) successfully mined a block, reaping a whopping reward of $206,000 in Bitcoin. This accomplishment is truly extraordinary considering that the device has a mere 1 in 1.1 billion chance of
OKX Racer is a Telegram mini app offered by OKX exchange that allows users to make quick predictions on the price of Bitcoin. The appeal of OKX Racer lies in its free-to-play model and the opportunity to earn points and rewards for accurate predictions. To begin using OKX Racer, users need to first register on
The second day of trading for the spot Ethereum ETFs saw a significant shift in investor sentiment, with over $133 million being withdrawn from the largest financial vehicles. This sudden outflow had a direct impact on the price of the underlying asset, causing a massive 10% drop in just one day. The initial excitement surrounding
The Machines Arena Play-to-Airdrop (P2A) campaign has revolutionized the way players engage with the game by offering a gamified reward system that provides lucrative returns through a play-to-earn strategy. In this comprehensive guide, we will delve into the core steps of earning points and rewards, maximizing earnings with a VIP membership, important details to keep
The recent conversation between Andreessen Horowitz (a16z) founders Ben Horowitz and Marc Andreessen shed light on the numerous challenges plaguing the crypto industry under the current administration. One of the key criticisms raised by the founders was the Biden-Harris Administration’s approach to regulating the cryptocurrency sector. They highlighted a lack of clear guidance from the
The rapidly evolving world of cryptocurrency and blockchain technology has opened up endless possibilities for innovation and disruption in the financial sector. One individual who stands out in this space is Dalmas, a seasoned crypto reporter with a unique perspective on the industry. With a background in mechanical engineering and over a decade of experience
The developers at BitcoinOS (BOS) recently achieved a groundbreaking milestone in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This achievement paves the way for a new era of possibilities, offering unlimited scalability and functionality for Bitcoin without the need for changes to its underlying consensus code. The final
Recently, Senator Cynthia Lummis released a report that raised concerns regarding the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners. She argued that this tax could have severe consequences for the growing Bitcoin mining industry in the United States. Lummis criticized the administration’s reasoning behind the tax, describing it as
Bitstamp has announced the commencement of the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. This development represents a significant milestone in the decade-long effort to reimburse those affected by the infamous 2014 hack that led to Mt. Gox’s collapse. Bitstamp, alongside Kraken and three other exchanges, is working
In the beginning of July, Mt. Gox, the now-defunct cryptocurrency exchange, began the process of repaying creditors who were affected by the infamous 2014 hacking incident. This move was long-awaited by those who had lost their funds in the hack, and it sparked a mix of curiosity and concern among the crypto community. Market Stability
Russia has recently made headlines with the passing of a bill legalizing Bitcoin mining and the use of cryptocurrency for international trade. This move marks a significant shift in the country’s approach to digital assets and currencies, with implications for both the domestic and international financial landscape. Regulatory Framework and Compliance The new legislation aims