Time and money are largely interchangeable terms. - Winston S. Churchill

IT

Cryptocurrency hacking and skimming losses exceed $103m in April

Cryptocurrency hacking and skimming losses exceed $103m in April

During April, cryptocurrency projects lost $103.7m due to exploits, hacks and exit scams. The cumulative loss since the beginning of 2023 was $429.7m, according to a report by analytics firm CertiK. April's biggest exploits included a $25.4 million attack on several MEV trading bots, a $22 million

MicroStrategy to introduce its own Lightning Network-based software

MicroStrategy to introduce its own Lightning Network-based software

MicroStrategy will unveil Lightning Network-based software for corporations next week. The announcement was made by the firm's former head Michael Saylor. The presentation will take place May 1-4 at the MicroStrategy World 2023 event (Florida).

Wallet Telegram bot added the ability to buy BTC

Wallet Telegram bot added the ability to buy BTC

The developers of Telegram bot Wallet have announced the addition of a new feature. Users will now be able to buy, withdraw or exchange bitcoins directly through the bot. It will be possible to buy BTC with a bank card or via P2P.

Intel discontinues production of chips for mining

Intel discontinues production of chips for mining

Intel has officially announced that it will discontinue production of its new 1000 series ASIC Blocksale chips, which were designed for mining. The manufacturer introduced these chips just over a year ago. "Our main focus now is on investing in IDM 2.0, so we are winding down the Blocksale

Solana unveiled Saga crypto phone

Solana unveiled Saga crypto phone

Solana Labs held a presentation of its Saga crypto phone. The release was conducted live by employees of Solana's mobile division. The device will go on mass sale on May 8 at a price of $1000. The device will run on Android OS. The creators call their technology Seed Vault

Coinbase plans Lightning Network integration

Coinbase plans Lightning Network integration

Coinbase CEO Brian Armstrong claims that the exchange is planning Lightning Network integration. "Lightning is cool, we plan to add this technology in the future," he stated.

Gemini plans to launch an international exchange

Gemini plans to launch an international exchange

US cryptocurrency exchange Gemini is preparing to launch an international derivatives exchange, The Information reports, citing insiders. To that end, Gemini's management has been working with market makers who conduct overseas operations for the past several months.

IRS believes NFTs should be taxable

IRS believes NFTs should be taxable

The Internal Revenue Service (IRS) has stated in their announcement that according to their own analysis, NFT is a collector's item. And in their view, NFT should be taxed in the same way as stamps of all kinds, works of art and wines. "For example, a gemstone is a collector's

U.S. to launch FedNow instant payment service

U.S. to launch FedNow instant payment service

The Fed, the main financial regulator in the U.S., will launch FedNow instant payment system in July. The central bank said in a statement. "As the launch nears, we urge financial institutions and their industry partners to accelerate preparations for the introduction of FedNow into the service." Some experts

Qualcomm wants to launch satellite messaging

Qualcomm wants to launch satellite messaging

The maker of processors and networking chips for Android smartphones said it is working with Honor, Lenovo, Motorola and other brands to develop a satellite messaging capability. This is needed for people living far away from urban communication coverage areas. Mobile Internet in rural areas is very poor, and affordable