Binance Pool, one of the largest cryptocurrency mining pools in the world, has officially launched a new Bitcoin mining service called Fractal BTC Mining. The new service, which goes live on November 18, 2024, is designed to offer miners an innovative way to enhance their mining efficiency and profitability.

What is Fractal BTC Mining?

Fractal BTC Mining is a specialized mining service that aims to improve the yield of Bitcoin miners through advanced strategies and cutting-edge technology. Acc

Bitcoin’s open interest (OI) in futures markets has reached a new all-time high of $55.7 billion, reflecting a significant uptick in both trading activity and investor interest. This surge follows a sharp decline to $26.65 billion in early August, indicating a strong market rebound.

According to data aggregator Coinglass, the latest surge in Bitcoin’s OI is largely fueled by a bullish price rally, which coincided with the U.S. presidential election on November 5. Bitcoin’s price skyrocketed in

Tokens tied to the newly announced Department of Government Efficiency have seen massive rallies following U.S. President Donald Trump’s appointment of Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy as leaders of the department.

On November 13, four meme coins themed around the Department of Government Efficiency experienced dramatic price increases after Trump made the official announcement about the creation of the department, which aims to “dismantle” bureaucratic inefficiencies in the

Cathie Wood, the founder and CEO of ARK Invest, believes that a shift in leadership at the U.S. Securities and Exchange Commission (SEC) could ignite a wave of innovation and investment in emerging technologies, significantly boosting the U.S. economy. In a recent video shared by ARK Invest on X (formerly Twitter) on November 11, Wood emphasized that the changing regulatory environment, following the recent U.S. elections, could unleash a new era of economic prosperity.

Regulatory Changes Could

Italy’s Economy Minister, Giancarlo Giorgetti, has expressed willingness to reconsider the government’s controversial plan to increase the tax on cryptocurrency capital gains from 26% to 42%. The announcement follows significant pushback from lawmakers within his own party, who have urged a reassessment of the proposal.

“I am open to exploring alternative taxation models for individuals holding investments in their portfolios,” Giorgetti said on Thursday, according to Reuters.

Proposed Tax Hik

Hong Kong’s crypto exchange, HashKey, has set new dates for the launch of its native token, HSK. Deposits for HSK will open on November 7 at 07:00 UTC, while spot trading for the HSK/USDT pair is set to begin on November 26 at 10:00 UTC. Withdrawals will be enabled the following day, November 27, at 10:00 UTC.

The HSK token will be listed on HashKey’s Global Innovation Zone and will serve multiple functions across the exchange’s ecosystem, including as the official gas token for the HashKey Cha

Tron DAO has announced a significant shift in its oracle solution provider, transitioning from WinkLink to Chainlink. This change will affect Tron’s decentralized finance (DeFi) applications, particularly JustLend and JustStable, which collectively hold over $6.5 billion in total value locked (TVL).

In a recent press release, Tron DAO confirmed that its DeFi ecosystem would now utilize Chainlink’s Data Feeds for pricing data. The move is expected to enhance the overall efficiency and reliabilit

BlackRock’s Institutional Bitcoin Trust (IBIT) announced a trading volume of $3.3 billion on Tuesday, marking its highest level in six months. This surge reflects increasing institutional interest as the U.S. election approaches.

The spike in volume aligns with rising market expectations, with Bitcoin prices nearing historic highs.

Significant Inflows for Bitcoin ETFs

As of October 29, U.S. Bitcoin ETFs reported nearly $870 million in inflows, with BlackRock’s IBIT capturing the largest share

The International Air Transport Association (IATA), representing the world’s airlines, plans to incorporate China’s central bank digital currency (CBDC)—known as the digital yuan or e-CNY—into its billing and settlement systems by the end of 2024. This move reflects the growing trend of digital currencies in global finance.

In a report by Times Aerospace on October 29, IATA’s Senior Vice President for Financial Settlement and Distribution Services, Muhammad Albakri, highlighted the necessity of

Chiliz Chief Strategy Officer Max Rabinovitch recently commented on Ethereum co-founder Vitalik Buterin’s initiatives to tackle centralization within Ethereum’s validation framework.

Rabinovitch emphasized that while Buterin’s proposals may effectively address Ethereum’s specific issues, they might not be applicable to all networks that utilize Ethereum Virtual Machine (EVM) compatibility.

Buterin’s strategy aims to decrease validator centralization by lowering entry barriers for participants

Bluesky, the decentralized social network co-founded by Jack Dorsey, has announced a successful $15 million Series A funding round led by Blockchain Capital, aimed at expanding its services.

In a blog post on October 24, Bluesky emphasized its commitment to a user-centric design, stating it “will not hyperfinancialize the social experience” by launching a token. This announcement comes as the company sees its user base exceed 13 million since transitioning to an open platform earlier this year.

Cybersecurity giant Kaspersky has revealed a highly sophisticated campaign targeting cryptocurrency users, orchestrated by the North Korean threat actor group Lazarus.

Announced on Wednesday, the Lazarus Group exploited a zero-day vulnerability in Google Chrome through a fake blockchain-based game. This exploit installed spyware aimed at stealing users’ wallet credentials, according to Kaspersky’s findings.

The attack was identified by Kaspersky’s Global Research and Analysis Team in May 2024

Montenegro’s Supreme Court has reportedly ruled that Do Kwon, co-founder of Terraform Labs, qualifies for extradition to both South Korea and the United States, leaving the final decision to the Minister of Justice. Authorities are expected to make an official announcement by Sunday, October 20.

Justice Minister Bojan Božović informed local media that a decision regarding Kwon’s extradition has been reached, and he plans to sign the official documentation by the end of this week.

Legal Issues

A recent study by Microsoft reveals that North Korean hackers have pilfered more than $3 billion in cryptocurrency since 2017, with 2023 alone accounting for between $600 million and $1 billion of that total. The findings were highlighted in Microsoft’s Digital Defense Report for 2024, which was released on Thursday.

According to the report, the stolen crypto funds are believed to finance over half of North Korea’s nuclear and missile programs. Anne Neuberger, Deputy National Security Advisor f

TikTok is coming under regulatory scrutiny for its virtual currency system, TikTok Coins, which users can buy, gift, and potentially convert back into cash operations resembling those of a cryptocurrency exchange.

According to a report by Financial News, a compliance expert has alerted the Financial Conduct Authority (FCA) about concerns that TikTok may need to undergo checks for money laundering and terrorist financing. The expert highlighted that users can indirectly convert TikTok Coins into

More than half a billion dollars flowed into spot Bitcoin exchange-traded funds (ETFs) in the US on October 14, marking the largest one-day inflow in over four months. According to data from Farside Investors, the 11 ETFs experienced aggregate net inflows of $555.9 million, coinciding with Bitcoin hitting a two-week high of $66,500.

ETF Store President Nate Geraci described it as a “monster day” for spot Bitcoin ETFs, noting that total net inflows have now approached $20 billion over the past 1

Tokens mimicking SpaceX’s branding have seen explosive growth, skyrocketing by over 5824% after the successful test launch of the Starship rocket on Sunday, October 13.

Prices for the cryptocurrencies named SpaceX and StarShip surged dramatically in the wake of this high-profile event, despite the fact that these tokens have no official affiliation with Elon Musk’s space company.

Data from CoinMarketCap shows that the PancakeSwap-based token SPACEX experienced an astonishing increase of 5824%

A cryptocurrency venture capital fund has suffered a significant loss of over $36 million due to a phishing attack that involved a fraudulent permit signature. The incident reportedly affected an entity linked to Continue Capital.

According to a report by blockchain monitoring platform Lookonchain, the phishing attack occurred on October 11, resulting in the theft of 15,079 wrapped Ethereum tokens (fwDETH). The malicious transaction was executed using a deceptive “permit” signature, which allow

After a period of stagnation, NFT sales are showing promising signs of revival. But what’s driving this momentum, and does it indicate a sustainable recovery?

NFTs Are Finally Making a Comeback

Non-fungible tokens (NFTs) have started to gain traction again, following a lull in activity. Data from CryptoSlam reveals that sales between September 30 and October 6 surpassed $84.9 million, marking the highest weekly sales volume since late August.

The NFT market has demonstrated consistent growth

The U.S. Supreme Court has opted not to hear a case involving 69,370 Bitcoin, valued at $4.38 billion, that was seized from the Silk Road dark web marketplace. Battle Born Investments, the company claiming ownership of the Bitcoin, sought Supreme Court review, arguing that it acquired the rights through a bankruptcy estate.

However, the court’s refusal to take up the case leaves the government’s control over the cryptocurrency largely unchallenged, paving the way for the U.S. government to sell