The team behind mining software NBMiner claim to have partially cracked Nvidia’s anti-mining limitations. Back in June Nvidia implemented an algorithm called Lite Hash Rate, or LHR, on all graphics cards from its RTX 30 series in an attempt to curb crypto mining. The limiter works on both the BIOS and driver level detecting mining algorithms
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Leading the crypto market for the past month, Ethereum still displays conviction as it moves back to previous highs. The second cryptocurrency by market cap has slow down in the past day, but still seems bullish to records more gains in the short term. At the time of writing, ETH trades at $3,157 with a
As blockchain technology expands its horizons, attention is turning towards Hollywood with the introduction of a brand new decentralized series titled “HODL,” which will feature fan engagement tokens and highlight mining services-for-all. Audience to Gain Exposure to Token Incentives and Mining Art imitates life in one of the latest expressions of the blockchain universe as
Columbia Investment Management Company president and CEO Kim Lew thinks that cryptocurrencies are here to stay. “I think it will have profound effects,” she said in a recent interview, “There are many different avenues that it can go.” Lew explained that people could build many new things within the crypto ecosystem, such as stablecoins and nonfungible
Regulators around the world continue to keep the pressure fresh on crypto businesses. Spain’s National Securities Market Commission (CNMV) is the latest to issue a warning on several crypto- and financial market-related businesses for unregistered services. According to the official document, CNMV has issued warnings on 11 entities on Aug. 16 for not being registered
Bitcoin (BTC) is getting compared to late 2020, but this rally in fact has several major differences which make it “not normal.” According to Pete Humiston, manager of Kraken Intelligence Research, Bitcoin in Q3 2021 is a different beast when compared to Q4 2020. GBTC keeps its steep discount Despite going from $29,000 to $48,000
The summer of regulatory action has now become a global phenomenon. Lawmakers and politicians are waving their fingers and making threats toward the industry’s leading virtual asset service providers — a term coined by the FATF to describe exchanges, wallets, custodians and even DeFi platforms. But when it comes to crackdowns on cryptocurrency, few places
The staking contract for the Ethereum 2.0 blockchain is now the single-largest holder of Ether. According to blockchain analytics provider Nansen, the Eth2 staking contract has surpassed Wrapped Ethereum (wETH) to become the single largest holder of ETH. Unlike Ether, Wrapped Ether adheres to the ERC-20 standard, making it the favored representation of ETH among
Bitcoin (BTC) touched $47,000 on Aug. 17 as ranging behavior continued to hint at an attack on major resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility narrows for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to exit the $46,000 range on Tuesday after heading lower as the week began. The area
The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for
The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin’s (BTC) short-term price action. Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours
In a recent blog post, popular cryptocurrency hardware wallet Ledger announced a new partnership with Ethereum 2.0 staking solution Lido Finance in a move that claims greater accessibility and liquidity for independent stakers in the market. Staking is a niche method of investing within the cryptocurrency ecosystem which allows users to independently or collectively stake
Solana blockchain’s native asset, SOL, soared to a new record high on Monday. The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a recent $70-million crowdfund to support its blockchain-powered decentralized exchange, Mango Markets. Solana ecosystem upgrades Mango
According to a report from Dallas News, this sibling duo has been bringing in thousands of dollars mining Ethereum. While most kids are playing with their computers, siblings Ishaan and Aanya Thakur are making money with theirs. The bother-sister duo currently makes $32,000 a month from their Ethereum mining operation which they started in their
The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple ‘joke’ cryptocurrency that has
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing the possibility of making offline payments between peers.