Author: Coin Telegraph

What is Helium mining? Helium mining is the mechanism that powers the Helium network to provide global wireless technology for Internet-of-Things devices.Helium involves running a hotspot to provide coverage for Internet-of-Things (IoT) devices via the Helium Network. Miners are required to run specialist hardware devices to create wireless connectivity. The hotspots build a decentralized infrastructure of low-powered, long-range wireless networks known as “The People’s Network.” It is an innovative use of blockchain technology that incentivizes the creation and maintenance of a global wireless network through Helium (HNT) token rewards from mining.The decentralization of wireless infrastructure reduces the reliance on traditional telecom…

Bitcoin has surged beyond $76,000 following Donald Trump’s victory in the United States presidential election on Nov. 5.Bitcoin (BTC) analyst PlanB’s stock-to-flow model now projects a $500,000 price target for the asset within the next four-year cycle based on the model’s historical data and pattern.PlanB pointed to Trump’s proposal to create a national BTC reserve as a potential driver for demand, suggesting it could add “200,000 BTCs per year” in buying pressure.“If history is any guide, if the stock-to-flow model is any guide, then we’ll see sharp price increases from here,” the analyst said. Related: Bitcoin pundits wary after ‘spoof…

The Ontario Provincial Police (OPP) thanked stablecoin issuer Tether for its assistance in aiding an investigation by freezing approximately 10,000 Canadian dollars ($7,186) in Tether stablecoins stolen from an individual, which has since been returned to the victim.Tether worked alongside the OPP’s Cyber Investigations Team to recover the funds, and following the successful operation, Addison Hunter — detective staff sergeant of the OPP — remarked:“With the voluntary assistance and cooperation of Tether International Ltd., the stolen digital assets were successfully seized and returned to the victim. This collaboration was instrumental in ensuring the swift recovery of the assets.”Tether CEO Paolo…

BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) now holds more assets than the asset manager’s gold ETF despite only launching in January, data from BlackRock shows.iShares Bitcoin Trust (IBIT) exceeds $33 billion in net assets as of Nov. 8, surpassing iShares Gold Trust (IAU), which holds just shy of that amount, according to iShares.It’s an “absolutely wild” feat because IBIT launched only 10 months ago, whereas IAU has been trading since 2005, Nate Geraci, president of The ETF Store, said in a Nov. 8 post on the X platform.Source: Nate GeraciRelated: BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks…

Lee Bratcher, president of the Texas Blockchain Council, is a leading advocate for blockchain technology in the United States. Bratcher’s ongoing work with US lawmakers has spawned numerous insights into the current regulatory landscape — including a lack of education as the biggest impediment to acceptance of blockchain technology.In an interview with Cointelegraph, Bratcher explained that lawmaker apprehension is not primarily driven by an “aversion to innovation” but a lack of knowledge of the nascent technology — particularly among older generations. The president of the Texas Blockchain Council stated:“It’s not that they don’t want the US to be competitive in…

Update Nov. 11, 10:39 AM in UTC: This article has been updated to update the description of Fintopio app.Donald Trump’s presidency could bring more favorable cryptocurrency regulations to the world’s largest economy.The crypto industry rejoiced after Trump won the United States elections on Nov. 6, as the Republican victory raised expectations of more favorable crypto regulations for the next four years until 2028.The Republican victory may also lead to reforms in the US Securities and Exchange Commission, according to Steve Milton, CEO of the Fintopio CeDeFi wallet app and former global vice president of marketing and communication at Binance.Milton told…

The need for proof-of-history, explained In a distributed network like a blockchain, synchronizing a common timeline of transactions is a significant challenge. Most blockchains achieve this by coordinating blocks through network-wide communication; however, this approach can create delays and slow down transaction finality, especially as more nodes join the network.Solana’s founder, Anatoly Yakovenko, saw a way to address this “clock problem” by introducing a cryptographic solution that provides a historical record of transactions. By giving every transaction a verifiable timestamp, Solana can create a cryptographic order of events without requiring constant network consensus on the time or order. This solution,…

Blockchain domain provider Unstoppable Domains has partnered with Cake Wallet, an open-source wallet, to launch a new top-level domain specifically for Monero users, the companies announced.Unstoppable Domains said the new .xmr domains will allow Cake Wallet and Monero (XMR) users to send and receive tokens using human-readable addresses instead of long, alphanumeric strings. The company said it expects the change to support wider adoption of Monero by simplifying the user experience.With the partnership, Cake Wallet will support .xmr usernames on its platform, allowing users to create unique digital identities for their blockchain interactions.Providing Monero users with more privacyThe announcement said…

Non-fungible tokens trading volumes on the BNB Chain saw a resurgence in the third quarter, increasing 283% to a daily average of $600,400, according to blockchain analytics firm Messari.The average daily sales also increased, up 47% quarter-on-quarter to 8,900, according to Messari’s Research Manager “AJC.”“However, average daily buyers were down 53% QoQ to 2,300, signaling that NFT activity in Q3 was driven by ‘whales’ rather than small users,” the Nov. 7 report stated.Daily average NFT volume on BNB Chain since Oct. 2023. Source: MessariBNB Chain’s $55.2 million NFT trading volume (calculated by multiplying the average daily volume by the number…

Blockchain technology is planting the seeds of change in Africa’s farming sector, providing solutions to long-standing barriers like market access, financial limitations and fair pricing. For farmers like Sophia Wambui Ngamate from Nakuru County, Kenya, aged 54, it has been a lifeline. “One Million Avocados has wonderfully assisted me in planting more than 120 avocado trees in my shamba,” she says of the Kenyan crypto project that uses orchard tokenization to further an aim to plant a million avocado trees across Africa.   One Million Avocados staff and farmers on site. (Supplied) “They’ve trained me, linked me to other farmers, provided…