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Kazakhstan Is Building Its Own Bitcoin Reserve
🚨 BREAKING NEWS – #KAZAKHSTAN 🇰🇿
Kazakhstan's National Bank has officially supported the idea of creating a Strategic Bitcoin Reserve!
They will work with parliament to build the legal framework needed to make this happen.
The reserve could be funded by:
▪️ Confiscated crypto assets
▪️ Crypto mined with government involvement
This move signals Kazakhstan's serious push toward #Bitcoin adoption at the national level.
Stay tuned for more updates on global $BTC adoption!
Kazakhstan's National Bank has officially supported the idea of creating a Strategic Bitcoin Reserve!
They will work with parliament to build the legal framework needed to make this happen.
The reserve could be funded by:
▪️ Confiscated crypto assets
▪️ Crypto mined with government involvement
This move signals Kazakhstan's serious push toward #Bitcoin adoption at the national level.
Stay tuned for more updates on global $BTC adoption!
Rehmat1800:
Hey! 😊 Let’s support each other with mutual activity — likes, comments, and follows. I already followed you and interacted with your posts. Hope you’ll do the same! 🔁💬❤️
🇰🇿 Kazakhstan to Launch National Crypto Reserve—Funded by Seized Assets
🌐 In a bold move toward digital financial sovereignty, Kazakhstan is set to establish a national crypto reserve, following the footsteps of global powers like the U.S.
🔐 What’s unique? Rather than purchasing crypto, Kazakhstan plans to fund the reserve through:
▫️ Seized digital assets by law enforcement
▫️ State-run crypto mining operations
📊 This strategy reflects a growing global trend of integrating crypto into national finance frameworks, while also leveraging regulatory control over illicit crypto activities.
#Kazakhstan #Crypto #Blockchain #Web3 #CBDC
https://coingape.com/kazakhstan-to-launch-national-crypto-reserve-using-seized-assets/?utm_source=cg&utm_medium=bnb
🌐 In a bold move toward digital financial sovereignty, Kazakhstan is set to establish a national crypto reserve, following the footsteps of global powers like the U.S.
🔐 What’s unique? Rather than purchasing crypto, Kazakhstan plans to fund the reserve through:
▫️ Seized digital assets by law enforcement
▫️ State-run crypto mining operations
📊 This strategy reflects a growing global trend of integrating crypto into national finance frameworks, while also leveraging regulatory control over illicit crypto activities.
#Kazakhstan #Crypto #Blockchain #Web3 #CBDC
https://coingape.com/kazakhstan-to-launch-national-crypto-reserve-using-seized-assets/?utm_source=cg&utm_medium=bnb
🚨JUST IN:
Kazakhstan has officially prohibited the wearing of niqabs and all facial coverings in public areas.
#Kazakhstan #NiqabBan #PublicPolicy #ReligiousFreedom #DYMBinanceHODL
Kazakhstan has officially prohibited the wearing of niqabs and all facial coverings in public areas.
#Kazakhstan #NiqabBan #PublicPolicy #ReligiousFreedom #DYMBinanceHODL
#Kazakhstan
🇰🇿📈The Governor of Kazakhstan's National Bank announced they are working on creating a $BTC and cryptocurrency reserve.📊
🇰🇿📈The Governor of Kazakhstan's National Bank announced they are working on creating a $BTC and cryptocurrency reserve.📊
Kazakhstan Plans Legal Framework for CryptoCity, Crypto-Powered City in Alatau
Tokayev described CryptoCity as a regulated sandbox for experimenting with crypto adoption.
“We are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond,” he said.
A full transcript of the speech was later published on the president’s official website.
While Tokayev did not provide many details, the initiative is the latest in Kazakhstan’s broader efforts to explore crypto use cases and integrate digital assets into its economy.
The pilot zone is part of a wider strategy to attract technology ventures and capitalize on the growth of its domestic crypto market.
Kazakhstan has been building digital financial infrastructure since launching a central bank digital currency (CBDC) pilot in February 2023. Programmability was a key feature from the beginning, planned to reduce corruption.
That same year, the Center for Interbank Settlements was transformed into the National Payment Corporation, tasked with developing the CBDC platform.
By November 2023, the country had launched the digital tenge in pilot mode with real users, including banks and their clients.
The system used blockchain-based smart contracts to facilitate programmable payments.
Banks involved in the pilot issued digital vouchers and cards to support usage.
The government also partnered with Binance to test CBDC payments with selected merchants. Binance has since expanded its footprint in Kazakhstan with local investments and a digital asset exchange.
Zhaslan Madiyev, Minister of Digital Development, told local media that officials are currently choosing a location for CryptoCity.
“Of course, the most promising place for CryptoCity is the new city of Alatau—it’s the president’s initiative,” he said.
Alatau, a research and technology hub near Kazakhstan’s southeastern border, is already home to a special economic zone and multiple science institutions. Regulators see potential synergies in adding CryptoCity to the area.
“The concept is that cryptocurrency would be used as a means of payment—to pay in restaurants and cafes, buy real estate, and make investments,” Madiyev explained. “I believe this could be a major breakthrough for the blockchain industry.”
#Kazakhstan
“We are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond,” he said.
A full transcript of the speech was later published on the president’s official website.
While Tokayev did not provide many details, the initiative is the latest in Kazakhstan’s broader efforts to explore crypto use cases and integrate digital assets into its economy.
The pilot zone is part of a wider strategy to attract technology ventures and capitalize on the growth of its domestic crypto market.
Kazakhstan has been building digital financial infrastructure since launching a central bank digital currency (CBDC) pilot in February 2023. Programmability was a key feature from the beginning, planned to reduce corruption.
That same year, the Center for Interbank Settlements was transformed into the National Payment Corporation, tasked with developing the CBDC platform.
By November 2023, the country had launched the digital tenge in pilot mode with real users, including banks and their clients.
The system used blockchain-based smart contracts to facilitate programmable payments.
Banks involved in the pilot issued digital vouchers and cards to support usage.
The government also partnered with Binance to test CBDC payments with selected merchants. Binance has since expanded its footprint in Kazakhstan with local investments and a digital asset exchange.
Zhaslan Madiyev, Minister of Digital Development, told local media that officials are currently choosing a location for CryptoCity.
“Of course, the most promising place for CryptoCity is the new city of Alatau—it’s the president’s initiative,” he said.
Alatau, a research and technology hub near Kazakhstan’s southeastern border, is already home to a special economic zone and multiple science institutions. Regulators see potential synergies in adding CryptoCity to the area.
“The concept is that cryptocurrency would be used as a means of payment—to pay in restaurants and cafes, buy real estate, and make investments,” Madiyev explained. “I believe this could be a major breakthrough for the blockchain industry.”
#Kazakhstan
🇰🇿 KAZAKHSTAN PLANS TO CREATE A STRATEGIC #BITCOIN RESERVE
Incredible times we’re living in!
$BTC
#Kazakhstan #CryptoAdoption #BitcoinReserve #BTC
Incredible times we’re living in!
$BTC
#Kazakhstan #CryptoAdoption #BitcoinReserve #BTC
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Kazakhstan Ready to Establish National Crypto Reserve: New Innovation in Digital Asset Management
Kazakhstan has taken a bold step with plans to establish a **national crypto reserve** to be managed by the Central Bank. This move aims to optimally utilize digital assets, with a primary focus on **transparency and security**.
According to the Chairman of the Central Bank, Timur Suleimenov, the reserve will come from digital assets seized in criminal cases as well as state-owned crypto mining yields. The management of the reserve will be conducted professionally and closely monitored to ensure protection against high market risks.
This initiative marks Kazakhstan's effort to become a pioneer in the integration of blockchain and crypto technology in Central Asia. Furthermore, this step strengthens Kazakhstan's position as a well-regulated crypto hub, while also opening new opportunities for diversifying the country's financial reserves.
With a transparent and structured approach, Kazakhstan demonstrates how a country can safely and responsibly leverage the potential of digital assets, setting an example for other nations in facing the era of the digital economy.
#Kazakhstan $BTC
Kazakhstan has taken a bold step with plans to establish a **national crypto reserve** to be managed by the Central Bank. This move aims to optimally utilize digital assets, with a primary focus on **transparency and security**.
According to the Chairman of the Central Bank, Timur Suleimenov, the reserve will come from digital assets seized in criminal cases as well as state-owned crypto mining yields. The management of the reserve will be conducted professionally and closely monitored to ensure protection against high market risks.
This initiative marks Kazakhstan's effort to become a pioneer in the integration of blockchain and crypto technology in Central Asia. Furthermore, this step strengthens Kazakhstan's position as a well-regulated crypto hub, while also opening new opportunities for diversifying the country's financial reserves.
With a transparent and structured approach, Kazakhstan demonstrates how a country can safely and responsibly leverage the potential of digital assets, setting an example for other nations in facing the era of the digital economy.
#Kazakhstan $BTC
📣 Crypto News: Kazakhstan joins the blockchain game!
Kazakhstan is launching the first blockchain economic zone on Solana — right in Central Asia. Looks like Dubai’s got competition 😎
What’s the plan?
🚀 Tokenized financial products (stocks, bonds — but in crypto format).
🎓 Developer training on Rust and building projects on Solana.
🤝 Working with big names from Solana and the crypto industry.
Why?
Because Kazakhstan wants to become a regional hub for blockchain innovation. And honestly — they’re moving fast.
💡 My take:
✔ Central Asia is entering the crypto scene — it’s not just about oil and gas anymore.
✔ For startups and devs — this is a direct ticket to new opportunities.
✔ For investors — regulated, clear conditions for crypto assets.
The crypto world is expanding. And it’s not just about the US or UAE anymore. Kazakhstan is making moves.
Let’s keep watching 👀
#Kazakhstan #CryptoNews #Investing $SOL
Kazakhstan is launching the first blockchain economic zone on Solana — right in Central Asia. Looks like Dubai’s got competition 😎
What’s the plan?
🚀 Tokenized financial products (stocks, bonds — but in crypto format).
🎓 Developer training on Rust and building projects on Solana.
🤝 Working with big names from Solana and the crypto industry.
Why?
Because Kazakhstan wants to become a regional hub for blockchain innovation. And honestly — they’re moving fast.
💡 My take:
✔ Central Asia is entering the crypto scene — it’s not just about oil and gas anymore.
✔ For startups and devs — this is a direct ticket to new opportunities.
✔ For investors — regulated, clear conditions for crypto assets.
The crypto world is expanding. And it’s not just about the US or UAE anymore. Kazakhstan is making moves.
Let’s keep watching 👀
#Kazakhstan #CryptoNews #Investing $SOL
Kazakhstan has officially launched Central Asia’s first Solana Economic Zone (SEZ). The new zone was introduced during the 2025 International Forum in Kazakhstan and follows through on the country’s Memorandum of Understanding (MOU) with the Solana Foundation, the non-profit organization behind the Solana network.
Solana $SOL also has a similar initiative in Dubai to foster blockchain innovation and cross-border collaboration in the UAE.
The SEZ will be a testing ground for blockchain pilots, startup incubation, and international collaboration. The zone is modeled after successful initiatives like the Dubai Multi Commodities Centre (DMCC), which supports the growth of digital assets through regulatory clarity and infrastructure support.
Kazakhstan plans to launch a tokenized capital markets pilot involving the Astana International Exchange (AIX), Jupiter, Intebix, and the Solana Foundation as part of the broader MOU with the Solana Foundation. This pilot aims to integrate tokenized assets into Kazakhstan’s financial markets, laying the groundwork for a blockchain-powered financial system. The partnership will introduce a national developer education program focused on Rust and blockchain engineering. This initiative is designed to build local Web3 expertise and attract global blockchain firms with incentives such as regulatory guidance and infrastructure access.
In the short video provided, Lily Liu, the president of Solana Foundation ,explained that the foundation has been looking for partners to work with in order to advance societies and build innovation that would also serve to increase the adoption of #Web3 technology.
#Solana #Kazakhstan #Write2Earn
Solana $SOL also has a similar initiative in Dubai to foster blockchain innovation and cross-border collaboration in the UAE.
The SEZ will be a testing ground for blockchain pilots, startup incubation, and international collaboration. The zone is modeled after successful initiatives like the Dubai Multi Commodities Centre (DMCC), which supports the growth of digital assets through regulatory clarity and infrastructure support.
Kazakhstan plans to launch a tokenized capital markets pilot involving the Astana International Exchange (AIX), Jupiter, Intebix, and the Solana Foundation as part of the broader MOU with the Solana Foundation. This pilot aims to integrate tokenized assets into Kazakhstan’s financial markets, laying the groundwork for a blockchain-powered financial system. The partnership will introduce a national developer education program focused on Rust and blockchain engineering. This initiative is designed to build local Web3 expertise and attract global blockchain firms with incentives such as regulatory guidance and infrastructure access.
In the short video provided, Lily Liu, the president of Solana Foundation ,explained that the foundation has been looking for partners to work with in order to advance societies and build innovation that would also serve to increase the adoption of #Web3 technology.
#Solana #Kazakhstan #Write2Earn
🚀 Kazakhstan just launched Central Asia’s first Solana Economic Zone, marking a major step toward becoming a regional crypto hub! 🇰🇿
With Solana's speed & scalability, the country is opening new doors for Web3 innovation in the heart of Central Asia.
#crypto #solana #Kazakhstan #Web3 #Blockchain #CryptoNews #investing #WorldNews
$SOL
With Solana's speed & scalability, the country is opening new doors for Web3 innovation in the heart of Central Asia.
#crypto #solana #Kazakhstan #Web3 #Blockchain #CryptoNews #investing #WorldNews
$SOL
Kazakhstan Goes All-In on Crypto! 🚀
Kazakhstan is making HUGE moves to embrace crypto, and you won't believe what they're planning! President Tokayev just announced "CryptoCity," a pilot zone where you can actually use crypto to buy stuff – goods, services, the whole shebang. 🤯
Think paying for your morning coffee with Bitcoin or buying an apartment with Ethereum! They're eyeing Alatau, a tech hub already home to research centers and a special economic zone, as the prime location. Imagine the possibilities!
The goal? To attract developers, programmers, and IT wizards to Kazakhstan, boosting the local economy. They're talking crypto-friendly laws and legit means of payment. It seems like the future is here!
Kazakhstan's been making waves in the crypto world lately, even testing its own central bank digital currency. Could this be the start of a crypto revolution?
Keep up with the trends!
#CryptoCity #Kazakhstan #Blockchain #CryptoAdoption #DigitalCurrency
Kazakhstan is making HUGE moves to embrace crypto, and you won't believe what they're planning! President Tokayev just announced "CryptoCity," a pilot zone where you can actually use crypto to buy stuff – goods, services, the whole shebang. 🤯
Think paying for your morning coffee with Bitcoin or buying an apartment with Ethereum! They're eyeing Alatau, a tech hub already home to research centers and a special economic zone, as the prime location. Imagine the possibilities!
The goal? To attract developers, programmers, and IT wizards to Kazakhstan, boosting the local economy. They're talking crypto-friendly laws and legit means of payment. It seems like the future is here!
Kazakhstan's been making waves in the crypto world lately, even testing its own central bank digital currency. Could this be the start of a crypto revolution?
Keep up with the trends!
#CryptoCity #Kazakhstan #Blockchain #CryptoAdoption #DigitalCurrency
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How Kazakhstan is fighting financial pyramids and online fraud?
Hello, crypto enthusiasts! Today we will talk about how Kazakhstan is actively working on exposing financial pyramids and protecting citizens from fraudsters 🛡️📉.
At the conference dedicated to combating online fraud, the head of the AFM Prevention Department, Andrey Davydov, shared interesting statistics and methods of work:
At the conference dedicated to combating online fraud, the head of the AFM Prevention Department, Andrey Davydov, shared interesting statistics and methods of work:
🔥 JUST IN: #Mastercard expands into the EEMEA region with the launch of its Crypto Credential solution in the #UAE 🇦🇪 and #Kazakhstan 🇰🇿.
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Trump Wants to Mine All Bitcoin in the U.S. – What About the Environment?
President Donald Trump has returned to the White House with a friendly policy for the Bitcoin industry, pushing Bitcoin prices to a record high of nearly $109,000. However, his ambition to mine all remaining Bitcoin in the U.S. is raising many concerns about environmental impacts.
Bitcoin Rises Under Trump
#TRUMP has committed to ramping up Bitcoin mining in the U.S., facilitating strong growth for this industry.
Bitcoin Rises Under Trump
#TRUMP has committed to ramping up Bitcoin mining in the U.S., facilitating strong growth for this industry.
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🇰🇿 Kazakhstan is preparing to become the IT hub of Central Asia! 💻🚀
Attention, friends: Kazakhstan is making a huge leap towards a digital future! 🌐 The country plans to open offices for giants like TON, Tether, and even Google! 🎉✨
Why is this important?
1️⃣ TON (The Open Network) — a platform from the creators of Telegram, promising a revolution in decentralized applications. 💡📲
2️⃣ Tether — the largest stablecoin in the world. Their presence is a significant step for the development of the cryptocurrency sector in the region. 💰⚡
3️⃣ Google — a name that speaks for itself. Their office in Kazakhstan will be a catalyst for IT development. 🔍🌟
What will this bring?
💡 New jobs. Thousands of specialists will be able to work with global leaders.
💡 Digital ecosystem. The development of blockchain and technologies in the region will reach a new level.
💡 Attracting investments. Kazakhstan is becoming a magnet for international business. 📈🌍
Kazakhstan — a new leader in technology?
At this pace, the country could become the Silicon Valley of Central Asia. What do you think? Is this the beginning of a tech boom? Share your opinion! ✍️👇
#Kazakhstan #TON #Tether #Google #CryptoFuture
Attention, friends: Kazakhstan is making a huge leap towards a digital future! 🌐 The country plans to open offices for giants like TON, Tether, and even Google! 🎉✨
Why is this important?
1️⃣ TON (The Open Network) — a platform from the creators of Telegram, promising a revolution in decentralized applications. 💡📲
2️⃣ Tether — the largest stablecoin in the world. Their presence is a significant step for the development of the cryptocurrency sector in the region. 💰⚡
3️⃣ Google — a name that speaks for itself. Their office in Kazakhstan will be a catalyst for IT development. 🔍🌟
What will this bring?
💡 New jobs. Thousands of specialists will be able to work with global leaders.
💡 Digital ecosystem. The development of blockchain and technologies in the region will reach a new level.
💡 Attracting investments. Kazakhstan is becoming a magnet for international business. 📈🌍
Kazakhstan — a new leader in technology?
At this pace, the country could become the Silicon Valley of Central Asia. What do you think? Is this the beginning of a tech boom? Share your opinion! ✍️👇
#Kazakhstan #TON #Tether #Google #CryptoFuture
CoinMarketCap Spotlight | 30 May 2025
Here is a quick rundown of the top headlines from the past 24 hours:
Ethereum's Pectra upgrade boosted prices but network activity stayed flat. Why are Ethereum fees declining if network activity isn't surging?
#Kazakhstan announced "CryptoCity" where all payments can be made with crypto including real estate purchases. Why is a Central Asian country with strict financial controls suddenly embracing unrestricted crypto payments?
Elon Musk denied any $300M partnership with Telegram after CEO Pavel Durov's announcement caused price moves. How did it impact the TON price?
Trump's sons predict Bitcoin will hit $150K-$175K by 2026, citing billions in daily institutional allocation. What's driving this massive wave of optimism?
Bubblemaps launched a "Time Travel" tool to detect #MEMECOİN scams. Has Bubblemaps caught any major scams yet?
$ETH $TON $BTC
#CoinMartketCap #trending #viral
Here is a quick rundown of the top headlines from the past 24 hours:
Ethereum's Pectra upgrade boosted prices but network activity stayed flat. Why are Ethereum fees declining if network activity isn't surging?
#Kazakhstan announced "CryptoCity" where all payments can be made with crypto including real estate purchases. Why is a Central Asian country with strict financial controls suddenly embracing unrestricted crypto payments?
Elon Musk denied any $300M partnership with Telegram after CEO Pavel Durov's announcement caused price moves. How did it impact the TON price?
Trump's sons predict Bitcoin will hit $150K-$175K by 2026, citing billions in daily institutional allocation. What's driving this massive wave of optimism?
Bubblemaps launched a "Time Travel" tool to detect #MEMECOİN scams. Has Bubblemaps caught any major scams yet?
$ETH $TON $BTC
#CoinMartketCap #trending #viral
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Bybit Kazakhstan has officially launched a channel for depositing and withdrawing fiat funds with Bank CenterCredit (BCC) — one of the leading financial organizations in the country. This initiative represents a significant step towards creating a reliable and regulated crypto-fiat solution tailored for local users.
Thanks to the partnership, Bybit Kazakhstan users can deposit and withdraw funds in Kazakhstani tenge (KZT) directly through their bank accounts at Bank CenterCredit, providing a more convenient entry and exit from the crypto market both on the Bybit Kazakhstan platform and through BCC. The integration ensures high transaction speeds, transparency, and strict compliance with local legislation.
#MSMannanov
#Kazakhstan
Thanks to the partnership, Bybit Kazakhstan users can deposit and withdraw funds in Kazakhstani tenge (KZT) directly through their bank accounts at Bank CenterCredit, providing a more convenient entry and exit from the crypto market both on the Bybit Kazakhstan platform and through BCC. The integration ensures high transaction speeds, transparency, and strict compliance with local legislation.
#MSMannanov
#Kazakhstan
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The President of Kazakhstan intends to urgently “expand the cryptocurrency infrastructure” of the country.
Kassym-Jomart Tokayev raised issues related to cryptocurrency and artificial intelligence at an extended government meeting. Here are a couple of his key statements:
💰 Cryptocurrencies:
👉 Creating a regulatory framework: The President emphasized the need to develop a legal infrastructure for the development of the cryptocurrency market.
💰 Cryptocurrencies:
👉 Creating a regulatory framework: The President emphasized the need to develop a legal infrastructure for the development of the cryptocurrency market.
🪙 Crypto and Blockchain News (December 22, 2023):
1️⃣ Diana Mondino: The post-election government of #argentina has ratified and confirmed that Bitcoin can be used as a currency for contracts. 🇦🇷
2️⃣ Uniswap Labs: In 2023, the total value of swaps on the #uniswap DEX platform reached $454 billion. February set a record with $73 billion. The cumulative number of transactions by users amounted to 163 million. Uniswap recorded the addition of 2.89 million new wallets and the opening of 3.33 million liquidity provider positions during the year. 📈
3️⃣ The Astana Times: Starting January 1, 2024, amendments to tax legislation in #kazakhstan will come into effect, aimed at reducing the financial burden on cryptocurrency exchanges and mining enterprises. 🏦
4️⃣ GitHub: The #ethereum network team announced that the Dencun hard fork is now scheduled for January 17. It will implement the EIP-4844 proposal, with the update initially deployed on the Goerli test network. 🔄
5️⃣ Finanznachrichten: HIVE Digital Technologies has announced the purchase of 7000 Antminer S21 from the Chinese manufacturer Bitmain. Delivery is expected from January to June 2024. After the installation of the equipment, the average energy efficiency of the company's mining park will be 25 J/TH, with a hash rate of 5.8 EH/s. ⛏️
➡️ Subscribe not to miss the latest news from the world of cryptocurrency and blockchain! 🌐
1️⃣ Diana Mondino: The post-election government of #argentina has ratified and confirmed that Bitcoin can be used as a currency for contracts. 🇦🇷
2️⃣ Uniswap Labs: In 2023, the total value of swaps on the #uniswap DEX platform reached $454 billion. February set a record with $73 billion. The cumulative number of transactions by users amounted to 163 million. Uniswap recorded the addition of 2.89 million new wallets and the opening of 3.33 million liquidity provider positions during the year. 📈
3️⃣ The Astana Times: Starting January 1, 2024, amendments to tax legislation in #kazakhstan will come into effect, aimed at reducing the financial burden on cryptocurrency exchanges and mining enterprises. 🏦
4️⃣ GitHub: The #ethereum network team announced that the Dencun hard fork is now scheduled for January 17. It will implement the EIP-4844 proposal, with the update initially deployed on the Goerli test network. 🔄
5️⃣ Finanznachrichten: HIVE Digital Technologies has announced the purchase of 7000 Antminer S21 from the Chinese manufacturer Bitmain. Delivery is expected from January to June 2024. After the installation of the equipment, the average energy efficiency of the company's mining park will be 25 J/TH, with a hash rate of 5.8 EH/s. ⛏️
➡️ Subscribe not to miss the latest news from the world of cryptocurrency and blockchain! 🌐
🔐 Cybersecurity News (December 11, 2023):
1️⃣ The Block: CEO of JPMorgan Chase, Jamie Dimon, stated the need for serious restrictions on digital assets during a meeting with U.S. legislators. 💼 The necessity for limitations on digital assets raises questions about #cryptocurrency regulation.
2️⃣ AFM: Since the beginning of 2023, the Financial Monitoring Agency (AFM) of #kazakhstan has shut down the operations of 980 illegal cryptocurrency exchange platforms. Law enforcement has initiated nine investigations into illegal exchange transactions totaling $36.7 million. 🛑 Effective work.
3️⃣ Tondev: The throughput of The Open Network (TON) slowed to one transaction per second due to a glitch caused by the popularity of the Ordinals analog. According to developers and #ton users in the Telegram chat, issues began on December 5th. The blockchain overload was so severe that popular crypto wallets, TON Wallet, and Tonkeeper temporarily halted operations. By December 7th, over 2.5 million unconfirmed transactions were stuck in the pool. 🚨 This underscores the importance of scalability in blockchain projects.
4️⃣ thirdweb: Developers of the Thirdweb #web3 platform discovered a vulnerability in an unnamed open-source library that potentially affects the security of numerous smart contracts and NFT collections. 🔐
5️⃣ NIST: The U.S. National Vulnerability Database (NVD) marked the "marks" created in the Ordinals protocol as a cybersecurity threat to the first cryptocurrency network. According to the warning, in some versions of #bitcoin Core and Bitcoin Knots, using BRC-20, limitations on transmitted data volume through a transaction can be bypassed by disguising them as code. 🔒
🌐 Stay informed about cryptocurrency news!
1️⃣ The Block: CEO of JPMorgan Chase, Jamie Dimon, stated the need for serious restrictions on digital assets during a meeting with U.S. legislators. 💼 The necessity for limitations on digital assets raises questions about #cryptocurrency regulation.
2️⃣ AFM: Since the beginning of 2023, the Financial Monitoring Agency (AFM) of #kazakhstan has shut down the operations of 980 illegal cryptocurrency exchange platforms. Law enforcement has initiated nine investigations into illegal exchange transactions totaling $36.7 million. 🛑 Effective work.
3️⃣ Tondev: The throughput of The Open Network (TON) slowed to one transaction per second due to a glitch caused by the popularity of the Ordinals analog. According to developers and #ton users in the Telegram chat, issues began on December 5th. The blockchain overload was so severe that popular crypto wallets, TON Wallet, and Tonkeeper temporarily halted operations. By December 7th, over 2.5 million unconfirmed transactions were stuck in the pool. 🚨 This underscores the importance of scalability in blockchain projects.
4️⃣ thirdweb: Developers of the Thirdweb #web3 platform discovered a vulnerability in an unnamed open-source library that potentially affects the security of numerous smart contracts and NFT collections. 🔐
5️⃣ NIST: The U.S. National Vulnerability Database (NVD) marked the "marks" created in the Ordinals protocol as a cybersecurity threat to the first cryptocurrency network. According to the warning, in some versions of #bitcoin Core and Bitcoin Knots, using BRC-20, limitations on transmitted data volume through a transaction can be bypassed by disguising them as code. 🔒
🌐 Stay informed about cryptocurrency news!
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