Friday, April 26, 2024
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Ordinals good or bad for Bitcoin? Supporters and opposers raise voice

Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.Soon after the introduction of Bitcoin Ordinals in January 2023, the technology’s opponents began to raise concerns over its perceived flaws,

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Mastercard launches Web3 user verification solution to curb bad actors

Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video

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SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm

Criticisms of the United States Securities and Exchange Commission (SEC) are mounting as the agency remains unrelenting in its war on crypto.On April 21, Web3 venture capital firm Paradigm published a policy piece on the problems with SEC registration.It claimed that SEC chair Gary Gensler’s “attempt to brute force crypto

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Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’

Crypto-friendly Congressman Tom Emmer has slammed U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for his approach to cryptocurrency regulation, labeling him as a “bad faith regulator.”Great interview by @laurashin with @GOPMajorityWhip! Congress is working in their districts this week and next, but expect a VERY busy last 2

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‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners

Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC).These issues could result in the machines overheating and in some cases, completely breaking down.The firm’s mining operations team warned

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