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Wednesday, October 11, 2023

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Freezing The Flow

Israeli authorities have reportedly frozen cryptocurrency accounts connected to Hamas, which the organization had been using for fundraising activities.

This action was the result of a coordinated effort between the Israeli police's cybercrime and counterterrorism units, along with the country's Defence Ministry, as reported by the Tel Aviv-based news outlet Calcalist.

In today's news, BitVM comes to reality, ImmutableX teams up with AWS, and the two Trader Joes' lock heads!

Read on!

What Can 1 BTC Buy in 2022?

In 2022, Bitcoin recorded a lower all-year high than the previous year, at $47,816.

That said, 1 BTC could still have bought three of the most powerful Bitcoin mining machines available: Antminer's S19 Pro Hydro, S19 XP Hydro, or Antminer S19 Pro, with hash rates from 110 TH/s to 255 TH/s.

Read more here

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Blur (-2.7%)
Maker (+1.4%)
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Bluzelle (-10.5%)
Polygon (-2.5%)
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Will everything that can be tokenized be tokenized? Learn about the exciting emerging sector of tokenized real-world assets (RWAs).

Learn more here!

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The Next World Computer?

Blockchain developer Robin Linus, co-founder of ZeroSync, has introduced a whitepaper outlining BitVM, a proposal aimed at enhancing Bitcoin's smart contract capabilities without necessitating a soft fork upgrade to the network's consensus rules.

Rather than executing computations directly on the Bitcoin network, BitVM uses techniques like optimistic rollups, fraud proofs, a challenge-response protocol, and the Bitcoin Taproot upgrade to verify smart contract computations.

The Block

Kickstarting the Next GameFi Wave

Blockchain gaming company Immutable is collaborating with Amazon Web Services (AWS) to create infrastructure solutions for the cryptocurrency gaming sector. This partnership aims to simplify the process of launching and scaling blockchain games for developers.

Immutable has become a part of AWS's ISV Accelerate Program, which is a sales initiative designed for businesses that integrate AWS services into their products.

Game developers utilizing the Ethereum-compatible Immutable X blockchain are now eligible to join AWS Activate, a program offering support, up to $100,000 in AWS credits, and various resources for startups.

Decrypt

I'm the Real Joe!

US supermarket chain Trader Joe's has filed a lawsuit against the decentralized exchange called Trader Joe, accusing it of federal trademark infringement.

The court filing asserts that the defendants operate a cryptocurrency platform named 'Trader Joe' with a domain name of traderjoexyz.com, intentionally invoking the supermarket's brand and image.

The DEX's narrative of a fictionalized 'Trader Joe' who sells crops in the local marketplace is cited as further evidence of brand infringement.

CoinDesk

What is the Holesky testnet that is replacing Goerli, and how does it enable a better testing environment?

Learn about the Holesky testnet and find out how you can claim Holesky ETH for testing purposes in today's article.