What is Bitcoin mining? Bitcoin mining is the process used to validate transactions on the network and introduce new Bitcoin into circulation. As of July 2024, around 19.5 million Bitcoin were in circulation. However, the cryptocurrency is programmed to have a total supply of 21 million coins, with the remaining 1.5 million Bitcoin yet to enter into…

Chainlink, an Ethereum-based decentralized blockchain oracle network, has launched new technology to help financial institutions maintain data privacy while transacting across blockchain networks. On Oct. 22, Chainlink introduced two new privacy-preserving capabilities targeting financial institutions that want to use blockchain applications while ensuring complete end-to-end privacy. The newly launched privacy features include the Blockchain Privacy Manager, which…

Cryptocurrency exchanges Binance and Crypto.com are losing market share to smaller competitors as decentralized exchanges (DEXs) gain momentum. Binance, the world’s biggest crypto exchange, saw a 13% year-over-year decline in spot trading volume from 52.5% in October 2023 to its current 39.5% market share. Mirroring its declining spot trading, Binance’s crypto derivatives market share also…

The United States Securities and Exchange Commission (SEC) has again included cryptocurrencies in its list of examination priorities for the next year, even as its leadership and government control could change hands. In an Oct. 21 notice, the SEC’s Division of Examinations released its priorities for 2025, including crypto assets and their “associated products and services.” According…