cryptocurrency
- Government of Bhutan Holds Over $825 Million, or Nearly a Third of Its GDP, in Bitcoin, Arkham Data Showsnews.bitcoin.com Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows – Featured Bitcoin News
The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence.
> "Unlike most governments, Bhutan's BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023," the crypto intelligence firm explained. Crypto intelligence firm Arkham highlighted the Kingdom of Bhutan's bitcoin holdings on social media platform X last week. Bhutan is a small, landlocked kingdom located in the eastern Himalayas, bordered by China to the north and India to the south. The country currently has a population of less than 800,000 people.
We learned last year that Bhutan had been secretly mining bitcoin using its abundant hydroelectric resources since around 2019. The operation, which began when bitcoin was priced at approximately $5,000, aims to harness the country's vast renewable energy reserves to power mining rigs.
Hydroelectricity already accounts for 30% of Bhutan's GDP and powers nearly all of its 800,000 residents. The government claimed last year that mining profits are used to subsidize power and hardware costs. This revelation makes Bhutan one of the few countries globally to run a state-owned bitcoin mine, alongside El Salvador.
At over $800 million in Bitcoin holdings, the reserve accounts for nearly a third of Bhutan's 2022-calculated GDP.
Abstract credit: https://slashdot.org/story/433433
- Seasonal Mining Limiter Concept?
I wonder if there can be made a cryptocurrency that locksdown mining during winter and summer months in order to put less stress on grids around the world as well as be more climate friendly?
- Криптовалюта Chainlink: як купити на криптобіржах Україниtayemnakimnata.com Головні особливості криптовалюти Chainlink і як її придбати на криптобіржі України - Таємна кімната
Криптовалюти Chainlink: основні характеристики та як купити на криптобіржах України
Криптовалюти Chainlink: основні характеристики та як купити в Україні
- But Can It Run Doom? YES. YES IT CAN.www.youtube.com - YouTube
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
cross-posted from: https://infosec.pub/post/17752039
> The making of the Hydra Doom experience. > > I find it fascinating that Doom’s “determinism” (identical inputs will produce identical results in the gameplay) makes it possible to encode entire playstreams on-chain and have each of them compete against each other. Detractors of Cardano may accuse it of being relatively slow due to its high security on layer 1 compared to Solana, but layer 2’s like Hydra make that decision to prioritize determinism and statelessness look visionary when the roadmap is unfolded. Extended UTXO is paying off when it comes to parallelism. > > Hats off to the Hydra team! > > Ps. Yes. Technically I know it is not running Doom. Nonetheless this is a great demonstration of the power of the Hydra zk roll up tech.
- Blockchain technology, the last 10 years
YouTube Video
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cross-posted from: https://infosec.pub/post/17544659
> > In this keynote from Rooted in Research: Pushing the Boundaries of Blockchain Technology in Tokyo, Charles Hoskinson reflects on 10 years of groundbreaking research in blockchain and distributed systems. He discusses key achievements, ongoing challenges, and the future direction of research in the industry. After his keynote, Charles answers questions from the audience.
- CryptoPunks NFT Worth $1.5 Million Just Sold for $23,000—Here's How - Decryptdecrypt.co CryptoPunks NFT Worth $1.5 Million Just Sold for $23,000—Here's How - Decrypt
"Heist" or just a brilliant play? CryptoPunk #2386 sold for a fraction of its market value thanks to a smart contract and an unexpected move.
- Clore.ai Launches Buyback Program to Boost CLORE Token Value
Clore has initiated a buyback program, starting with a $30k purchase of Clore tokens.
- Polygon Completes Token Migration from MATIC to POL in Polygon 2.0 Upgrade
Polygon's significant upgrade includes transforming its native token from MATIC to POL, aiming for improved scalability and security.
- Vitalik Buterin’s 800 ETH Sale Clarified: Philanthropy Over Profit
Ethereum co-founder Vitalik Buterin addresses concerns over ETH transfer, emphasizing philanthropic motives.
- Elon Musk Wins Dismissal of $258 Billion Dogecoin Manipulation Lawsuit
Federal judge dismisses claims of market manipulation and insider trading
- MakerDAO’s Rebranding to Sky Introduces New Stablecoin and Governance Token
The strategic transformation aims to simplify DeFi participation and boost accessibility.
- Trump Launches ‘The DeFiant Ones’ Cryptocurrency Platform for Financial Inclusion
- Former President Donald Trump announced the launch of a new cryptocurrency platform, ‘The DeFiant Ones.’
- The project aims to serve unbanked and underserved communities.
- The announcement was made via a post on Truth Social, linking to an official Telegram channel.
- Trademark applications by AMG Software Solutions hint at a focus on decentralized finance.
- Trump’s sons believe the project may offer significant benefits to underserved communities.
- REPORT: Cryptocurrency Corporations Spend Big to Influence 2024 Elections
Crypto corporations like Coinbase and Ripple are investing millions to sway the 2024 elections.
- Ferrari Expands Cryptocurrency Payments to European Dealers
Ferrari extends cryptocurrency payments to Europe, following success in the U.S.
- Dark Pools Dominate Ethereum as Private Transactions Surge – at Least by One Measurewww.coindesk.com Dark Pools Dominate Ethereum as Private Transactions Surge – at Least by One Measure
More transactions on the blockchain are getting routed privately as users try to avoid front-running bots that eat into trading margins, but network observers worry about a loss of transparency – and potentially a trend toward centralization.
- BRICS Considers XRP for New Payment System to Challenge US Dollar Dominance
BRICS explores XRP to reduce reliance on US dollar in cross-border transactions
- Czech Government to Grant Financial Administration Access to Crypto Transactions
New Law Aims to Curb Tax Evasion and Level the Playing Field for Crypto Holdings.
- If you can hack it; You can keep it! 1 million USDM Cardano bug bounty.www.youtube.com If you can hack it; You can keep it! 1 million dollars!
If you can hack it; You can keep it!
cross-posted from: https://infosec.pub/post/16334087
> Charles and company made a PGP-encrypted paper wallet. He is calling it the most secure paper wallet in the entire crypto space. > > To put his money where his mouth is, anyone who hacks it can keep keep the cash ($1 million dollars worth of USDM) if you can hack it. > > Good luck everyone!
@crypto Please take a look blocx. https://medium.com/@BLOCX/weekly-recap-05-08-11-08-d8a525cb0caf
- SBI Digital Community Partners with Ripple to Promote XRP Ledger in Web3 Space
Partnership aims to integrate XRP Ledger into Web3 community activities, increasing its adoption.
- Bitcoin Optech Newsletter #286bitcoinops.org Bitcoin Optech Newsletter #286
This week’s newsletter announces a fixed consensus failure in older versions of btcd, describes proposed changes to LN for v3 transaction relay and ephemeral anchors, and announces a new repository for Bitcoin-related specifications. Also included are our regular sections describing updates to servi...
- How to use tornado cash properly?
So if I was one of the countries that are sanctioning tornado cash how would I still be able to use it without them knowing I did?
- Lightening wallet
Hi guys
What open source non-custodial lightening wallet would you recommend?
- VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers at Brinkwww.theblock.co VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers at Brink
VanEck has pledged 5% of its potential profits from its spot bitcoin ETF, if it gets approved, to Bitcoin core developers at Brink.
- Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies - Isidoros Passadis: Lido DAO – Staking Decentralisation for Ethereum and LSTs in DeFipodcasts.google.com Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies - Isidoros Passadis: Lido DAO – Staking Decentralisation for Ethereum and LSTs in DeFi
As Ethereum ‘merged’ to its current proof-of-stake consensus model, the steep (for retail) minimum stake of 32 ETH created a serious risk of centralisation through staking delegation to centralised entities. Lido DAO was envisioned to preserve staking decentralisation, while also providing additiona...