Browsing: Blockchain

On May 25, Binance made an announcement regarding the seizure of approximately $4.4 million worth of cryptocurrency that belonged to fronts associated with North Korean organizations operating both within the country and abroad.

Microsoft will be participating in the forthcoming pilot project for Brazil’s central bank digital currency (CBDC). Banco Central do Brasil, the country’s central bank, plans to onboard participants onto the digital real platform starting in mid-June 2023.

During the ongoing Russian parliamentary hearings on the digital ruble project, lawmakers have put forward significant amendments to the bill. These proposed changes aim to modify the original document concerning debt operations, services for non-residents, and the role of the central bank.

Elon Musk, while acknowledging the humor and canine appeal of Dogecoin (DOGE), advises against heavily relying on it. The influential Tesla CEO’s tweets and actions have significantly impacted the value of Dogecoin and similar meme coins.

Proof-of-Work (PoW) consensus is like a puzzle game that helps decentralized networks, such as Bitcoin, agree on which transactions are valid and in what order they should be added to the blockchain. Think of it as a way for everyone to agree on the rules of the game and ensure fairness.