Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Intel Unveils “Bonanza Mine,” Its First Dedicated Crypto Mining Chip – CoinCheckup Blog

Chip manufacturing giant Intel has revealed details on its first mining chip, aptly called “Bonanza Mine.” The new hardware was put on display at the annual International Solid-State Circuits Conference (ISSCC) held in downtown San Francisco. For the time being, it seems that hardware solutions by Bitmain and MicroBT retain…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Hackers Stole $120 Million Worth of BTC and ETH in Attack on DeFi Protocol BadgerDAO – CoinCheckup Blog

Key takeaways: An exploit in decentralized protocol BadgerDAO’s website allowed attackers to steal more than $120 million worth of crypto assets The investigation into the perpetrators is ongoing; members of the BadgerDAO team believe someone inserted malicious code into their website Several BadgerDAO users took to Twitter to voice their…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

DeFi Hub Acala Wins the First-Ever Polkadot Auction Slot, Raises $1.3B Worth of DOT in Crowdloans – CoinCheckup Blog

After years of anticipation, the first batch of parachains auctions was successfully completed on Thursday. The first-ever parachain auction slot winner with 32M DOT staked is Acala, popular decentralized finance (DeFi) hub for Polkadot. Acala came out ahead in a neck and neck race with multi-chain protocol Moonbean. Key takeaways:…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Elon Musk and Jack Dorsey Express Their Support for Crypto at the B Word Conference, Prices Soar – CoinCheckup Blog

Key takeaways: Elon Musk and Jack Dorsey appeared as guests at the event hosted by the Crypto Council of Innovation. The guests talked about their first interactions with Bitcoin and their general outlook on the cryptocurrency sector. Both Musk and Dorsey are big supporters of digital currencies and believe that…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Ripple vs SEC: Big Procedural Win for XRP, Former SEC Official Allowed to Testify – CoinCheckup Blog

Key takeaways: In 2018, SEC official William Hinman proclaimed Ethereum “sufficiently decentralized” and thus not a security in a speech at the Yahoo All Markets Summit. Ripple is hoping for the same resolution and believes it should be granted the same status as Ethereum. Hinman’s decision to not recognize ETH…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

How China is Using Bitcoin as a Mean to Extract Money Out of the U.S. – CoinCheckup Blog

Key takeaways: China and some developing countries, such as Iran, are using domestically mined Bitcoin to circumvent tariffs and U.S. sanctions. Most of the cryptocurrency transactions are converted to USD, meaning that the U.S. experiences considerable USD outflows and has no practical way of preventing this trend. Chinese Bitcoin mining…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

The U.S. is Quickly Turning Into the World’s Premiere Bitcoin Mining Destination – CoinCheckup Blog

Key takeaways: “Luck meets preparation”, as the U.S. several years long plan to build up crypto mining infrastructure pays off. At the moment, the U.S. accounts for 17% of all Bitcoin miners, up more than 150% year-over-year Chinese dominance in the space has seen a sharp decline even before the…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

New Proposal by the EU Intends to Make Bitcoin Transfers Easier to Trace – CoinCheckup Blog

Key takeaways: The new proposal requires companies to collect personal information, such as the crypto transfer sender’s address, account number, and the name of the recipient. The use of anonymous cryptocurrency wallets would be prohibited if the proposal becomes law. The change in legislation is a long time coming, pressure…

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