Author: Crypto News Live

TL;DROne lucky ‘solo miner’ just had a $160k+ pay day.How lucky were they? “A miner of this size would only solve a block [roughly] once every 450 years on average,” according to the admin of Solo CKPool (the BTC mining software used).Full StoryA long time ago, every single book was printed by hand.Then, in the 15th century, Johannes Gutenberg invented the printing press; and with it a whole bunch of publishing companies started popping up.Now, we’re not saying Bitcoin mining rigs are quite as revolutionary as the printing press – blockchain technology may be, but that’s a discussion for another…

Cardano ($ADA) creator Charles Hoskinson has, in the face of a sweeping legal action by the U.S. Securities and Exchange Commission (SEC) against Binance, offered his interpretation of the situation, where he asserted the lawsuit is part of a larger effort to regulate the digital assets industry, possibly paving the way for a central bank digital currency (CBDC) in the United States. Earlier this month, the SEC leveled 13 charges against Binance, the world’s largest crypto exchange, and its founder, Changpeng Zhao. The SEC’s allegations range from operating illegal exchanges and selling unregistered securities to artificially inflating trading volumes and…

A popular crypto strategist is naming two large-cap altcoins that he believes could influence the price action of the broader digital asset markets. Analyst Michaël van de Poppe tells his 657,600 Twitter followers that he has his radar locked on peer-to-peer payments network Litecoin (LTC) and cross-border payments solution XRP amid the current crypto correction. Van de Poppe believes that the two altcoins could give the crypto markets a shot in the arm. “Stay sharp, stay focused. Keep an eye out for XRP and LTC. They’ll move markets. And check whether we’ll be able to flip above the 200-week moving…

The recursive inscriptions would allow increased storage and on-chain video games. Ordinals fees remained stagnant despite the increase in inscription count. Bitcoin Ordinals have sought to break the conventional limitations of Inscriptions with one recent proposal. Leonidas.og, one of the pseudonymous developers of Ordinals said this in a tweet where he explained what the new artifacts termed “recursive inscriptions” aimed to achieve.  WTF are recursive inscriptions? Here is everything you need to know: Earlier this year the Ordinals Protocol introduced the ability for anyone to inscribe files fully on-chain onto Bitcoin. These inscriptions are self-contained and unaware of the other…

BOCI, Bank of China’s investment banking division, has broken new ground by issuing 200 million yuan ($28 million) in fully digital structured notes in Hong Kong. This is the first instance of a tokenized security issuance by a Chinese financial institution in the region. UBS originated the product, which was allocated to its clients across the Asia-Pacific region, demonstrating an ongoing partnership between BOCI and UBS in the field of digital structured notes. Previously, in December 2022, UBS issued a $50 million tokenized fixed-rate note under the governance of English and Swiss laws, utilizing a regulated blockchain. This recent transaction…

The iconic New York photographer, Barron Claiborne, paints a thousand words with his camera. Among his treasures is his “The King of New York” (KONY) masterpiece, featuring the hip-hop legend Biggie Smalls adorning a crown in 1997. KONY is set to be in focus yet again, framing collectors into Biggie’s legacy like never before with the launch of ‘THE CROWN’ NFTs on June 15. Quick Takes: Claiborne celebrates his renowned KONY photograph featuring Biggie Smalls through ‘THE CROWN’ NFTs launching June 15. These NFTs are priced at $47.37 (0.025 ETH) apiece, offering ownership of hip-hop history and opening augmented reality…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH’s weekend dump eased near $1700-support  Both shorts/longs positions suffered >$5 million liquidations in the last 24 hours  Ethereum [ETH] has been on a downward spiral after hitting the Q2 2023 high of $2100. Although the $1700 support has proven stable since mid-March, ETH’s downswings are hitting the DeFi sector hard.  How much are 1,10,100 ETHs worth today?  Despite Bitcoin’s [BTC] recent sharp drops and retesting of $25k twice, ETH’s drop hasn’t exceeded $1700.  Will the $1700 support hold…

Stay updated on Mojang’s decision to ban NFTs in Minecraft, their motivations, and the implications for the gaming community. Read our informative article now.The use of NFTs in the popular game Minecraft has been a topic of ongoing discussion. In July 2022, Mojang, the Microsoft-owned developer of Minecraft, announced its intention to ban the use of NFTs on player-run servers. However, nearly a year later, the implementation of the ban has yet to take effect. Despite the delay, Mojang remains steadfast in its plans.Minecraft to Ban NFTsMojang aims to update the game’s usage guidelines to explicitly restrict the use of…

Solana / Source: Adobe – kolonkoInvesteerders vragen zich op het moment af of het te laat is om in te springen op Solana (SOL) door de 14% bounce vanaf de dieptepunten afgelopen weekend. Hebben investeerders hun kans gemist om in de SOL dip in te springen? Solana, de cryptocurrency achter het hoog-presterende, Solana layer-1 blockchain platform, dat werkt met slimme contracten, maakte een week van hoge verkoopdruk mee. Dit kwam door de claim van de US Securities en Exchange Commissie in de rechtszaak tegen Binance en Coinbase dat Solana eigenlijk een security zou zijn. De SOL koers is op maandag vanaf $22 gedaald…

The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.In a June 12 report, the UN claimed the risk of disinformation online has “intensified” due to “rapid advancements in technology, such as generative artificial intelligence” and singled out deepfakes in particular.The UN said false information and hate speech generated by AI is “convincingly presented to users as fact.” Last month, the S&P 500 briefly dipped due to an AI-generated image and faked news report of an explosion near the Pentagon.It called for AI stakeholders to address the spread of false…