Elon Musk Giving ‘Serious Thought’ to Creating Social Media Platform With Free Speech as Top Priority – Featured Bitcoin News

Tesla and Spacex CEO Elon Musk says that he is “giving serious thought to” creating a new social media platform with free speech as a top priority. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” the Tesla billionaire said. Elon Musk Considers […]

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FDIC highlights crypto risk evaluation in 2022 priority list

The Federal Deposit Insurance Corporation (FDIC) has given importance to the evaluation of crypto-asset risks in its agenda for the year, 2022. The new acting chairman of the corporation has announced that organizations like the FDIC must provide strong guidance to financial institutions on encountering risks posed by crypto-assets to its consumers. In a statement […]

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CFTC Takes Action Against Crypto Fraud Following Enforcement Priority Shift

The Commodity Futures Trading Commission (CFTC) has revealed its focus on combating fraud in the crypto space as one of its top enforcement priorities. The agency aims to ensure the integrity of the digital asset market by cracking down on fraudulent activities. In recent years, the CFTC has taken significant steps to prosecute individuals and [...]

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Bitcoin Miners, Economic Irrationality Can Be Fatal

Bitcoin's censorship resistance depends not only on miners' decentralization, but their economic rationality, and therefore sustainability.

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Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases

Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01 trillion for the next two weeks. Bitcoin Difficulty [...]

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