External news feeds 365/2004

Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF

The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement.

Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality

Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet…

Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices

The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners. But market sentiment and broader financial conditions could influence bitcoin's price, with possible selling pressure if the…

Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud

Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false…

Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High

A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners.  On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining…

Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam

On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar…