The Iranian government took down over a thousand crypto mining farms

Iran is rewarding people who turn in crypto miners operating without a license. Whistleblowers helped Tavanir, Iran’s power company, shut down 1100 crypto mining farms that were allegedly operating without the proper licenses.  Although Tavanir says that some of the miners were using “high levels” of subsidized electricity, their report clarified that no significant changes […]

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3 reasons why Bitcoin price volatility may spike before the monthly close

Bitcoin’s monthly close is fast approaching and three factors point toward heightened volatility in the near term. As the monthly candle close of Bitcoin (BTC) comes closer, signs of heightened volatility are emerging. With just four days until the highly anticipated CME futures contract and Deribit options expiration, BTC’s near-term direction remains uncertain. Three reasons […]

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BitMex awards its last developer grant to a Bitcoin scalability solution from MIT

Can this project provide scalability without sacrificing security? BitMex’s 100x Group has awarded its last Bitcoin development grant of the year. The company has awarded a grant valued at $40,000 to Calvin Kim for his Bitcoin scalability solution, Utreexo — a project originally created by Tadge Dryja from the MIT Digital Currency Initiative. Bitcoin’s protocol […]

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Expert weighs in on Wasabi’s response to wallet security issues

Mario Havel of Paralelni Polis has sided with Samourai. Although the privacy-focused Bitcoin (BTC) wallet Wasabi Wallet recently dismissed allegations that its anonymity features may be compromised, a third-party expert disagrees. In an August 19 blog post, Wasabi competitor Samourai claimed to have “discovered two potential privacy vulnerabilities in the Wasabi Wallet software.” Per the […]

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