Walmart is looking to hire a cryptocurrency expert to develop a blockchain strategy, joining a growing number of major corporations exploring the viability of digital currencies such as Bitcoin. From a report: The position will be responsible for “deve…
Regulating crypto is essential to ensuring its global legitimacy
We must eventually find a halfway point between those with valid concerns about the anonymity crypto assets provide and those who see regulation as prohibitively restrictive on crypto.
Crypto’s coming of age moment
This week Danny and Alex and Chris took to Twitter Spaces to chat about the current state of the crypto economy, and hang out with friends in a live Twitter Space. We’re doing more of these, so make sure that you are following the show on Twitter. As a small programming note, I forgot to […]
Cryptomining Botnet Alters CPU Settings To Boost Mining Performance
Uptycs Threat Research Team has discovered malware that not only hijacks vulnerable *nix-based servers and uses them to mine cryptocurrency but actually modifies their CPU configurations in a bid to increase mining performance at the cost of performanc…
‘The Way the Senate Melted Down Over Crypto Is Very Revealing’
Ezra Klein, writing at The New York Times: Think about it this way: The internet we have allows for the easy transfer of information. We costlessly swap copies of news articles, music files, video games, pornography, GIFs, tweets and much more. The int…
‘White hat’ hacker behind $610m crypto heist returns most of money
About $33m in frozen coins yet to be returned as still-unidentified hacker claims attack was carried out ‘for fun’ to ‘expose the vulnerability’ of platformHackers behind one of the biggest-ever digital coin heists have now returned nearly all of the $…
AMC Says It Will Accept Bitcoin as Payment for Movie Tickets by Year-end
AMC Entertainment said Monday it will start accepting bitcoin as payment for movie tickets and concessions if purchased online at all of its U.S. theaters. From a report: CEO Adam Aron said during an earnings call Monday that the movie theater chain wi…
Equity Monday: Apple’s privacy flap continues as crypto regulation looms
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of digital currency. That’s why cryptocurrency […]
EIP-1559 Has Already Burned $1 Million Worth of ETH
$1 million worth of ether (ETH) has been removed from circulation, or “burned,” in under three hours since the London hardfork and the implementation of EIP-1559 earlier today. Crypto Briefing reports: With the new update, the base fee from each Ethere…