Imagine this: A coin called Fartcoin has seen its value shoot up over a week to over $700 million! You might wonder, why is this happening? It’s all tied to a wave of investment in cryptocurrencies, like bitcoin, which has been pushed by Donald Trump’s victory. The crypto market is full of speculato
As winter approaches, Iran is facing rolling blackouts, leaving people and businesses in the dark. The country’s energy woes are a blend of many factors, including economic mismanagement, international sanctions, and, perhaps surprisingly, a cryptocurrency boom. Bitcoin mining, which demands vast am
Did you know that bitcoin miners are adopting a strategy originally used by MicroStrategy? This strategy involves holding onto bitcoins instead of selling them right away. It all started when MicroStrategy's shares skyrocketed during the cryptocurrency rally. Their success caught the attention of mi
Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you
You might have heard of a digital currency called XRP, created back in 2012 by the folks behind Ripple. Recently, it's been on a wild ride, jumping up by 370% since the U. S. election! That's way more than Bitcoin, which only climbed 46%, and other cryptocurrencies in the CoinDesk 20 index, which we
Kraken, a big US-based crypto exchange, decided to shut down its NFT marketplace after a couple of years. The announcement was made in late November, and users have until early next year to move their NFTs to a crypto wallet. Kraken said they're doing this to focus on new products and services. Sta
Imagine if America became the global hub for cryptocurrencies. That's what Donald Trump, the soon-to-be president, has in mind. He wants the U. S. to lead the crypto world through investments and smart regulations. His son, Eric, shared this vision in an interview, pointing out that other countries
In the realm of cryptography, deep learning has been making waves. At a conference called CRYPTO in 2019, a researcher named Gohr showed how deep learning could be used to crack the NSA's Speck32/64 cipher. Later, a team led by Lu improved on this by targeting SIMON and SIMECK ciphers with related-k
Eric Trump, part of the Trump organization, has shared his enthusiasm for cryptocurrencies, suggesting that the U. S. could become a major player in the digital currency world. Speaking in Abu Dhabi, he mentioned that his father, Donald Trump, wants to make the U. S. the crypto capital of the world
Do you own any Bitcoin, Ethereum, or Ripple? You might wonder if that makes you a digital asset owner. Blockchain tech, often referred to as a virtual ledger, records transactions. These cryptocurrencies use it to keep trades safe and transparent. So, are these digital coins a type of property? Unli
