Jack Dorsey wants to decentralize Bitcoin mining with new investment

Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees.Dorsey has led a $6.2 million seed round for Mummolin, the parent company of the new decentralization Bitcoin mining pool c ...

Reddit to wind down blockchain-based rewards service ‘Community Points’

Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some futu ...

Ethereum logs $1M MEV block reward amid Curve Finance exploit

The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH). On July 31, Ethereum core developer “eric.eth” reported that “today has produced some of the largest MEV reward blocks ...

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform Labs and its co-founder, Do Kwon.In a July 24 announcement, Arkham Intel Exchange said it had accepted a submission from t ...

Winklevoss slams DCG’s Silbert — Not even SBF was ‘capable of such delusion’

Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in the resolution of Genesis for its Earn customers while slamming the CEOfor allegedly trying to play the victim card.In the July 4 “Ope ...

Sui Foundation denies it sold locked staking rewards on Binance

The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Sui Foundation knocked back the claim in a five-part Twitter thread on June 27, stating tha ...

The Rise of BRC-20 and Bitcoin Ordinals: A Game-Changer for Cryptocurrency

Most of them are created in the BRC-20 network Miners have earned decent commissions on this According to Dune Analytics, more than 10 million records have been created in the Bitcoin Ordinals network. Of these, more than 80% belong to the BRC-20 standard. ...

Fantom Developers Introduce Monetization Program for Cryptocurrency Projects

Fantom developers said that cryptocurrency projects that use this blockchain and contribute to high fees will now receive 15% of the transaction fee. Fantom-based projects will need to submit a special application for additional monetization. The developers stressed th ...

Undeads Metaverse Introduces Undeads Runner Game, Offering Early Rewards for NFT Owners

The new zombie apocalypse metaverse game will allow NFT Undeads Metaverse owners to earn rewards for their tokens earlier than planned and accelerate the development of the player community. Following the recent completion of the $1 million NFT release, Undeads Metaverse ...

Bitget Introduces Referral Program Offering up to 9,000 USDT in Rewards

Crypto exchange Bitget announced the launch of a new referral program that offers users up to 9,000 USDT as a reward for inviting friends to the platform. Bitget updated the website and services to provide an improved user interface with useful features. The new referr ...

MicroStrategy Launches Lighting Rewards Platform to Reward Customers with Bitcoin

It will be powered by the Bitcoin Lightning Network Users will be able to reward customers with BTC MicroStrategy is launching a platform where corporations can reward customers, employees, event attendees, or anyone else with BTC.. The cost is pre-determined in ...

Binance Exchange to Allow Rewards Collection and BETH Asset Exchange for ETH 2.0 Staking on April 19

According to an announcement on the trading platform's website, customers who have participated in the ETH 2.0 program on the exchange by staking Ethereum will be able to redeem rewards and exchange BETH assets that have been locked in staking at a ratio of 1:1 starting from April 19 at 08:00 UTC. ...