Key takeaways
XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP.
Promised returns (100%-800% APR) are often unsustainable and lack transparency.
High risks include scams, volatility and hidden fees, with little regulatory oversight.
Safer alternatives exist, like

August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork.
The move, known as “Bitcoin Independence Day,” reduced miner

Blockchain
Fraud
AI
Crimes
Cybersecurity
Scams
Web3

Bitcoin
Bitcoin Price
Markets
Market Analysis
Add reaction

The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions
In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera

Venture capital firm Andreessen Horowitz (a16z) is calling on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.
In a Thursday open letter to the US Senate Banking Committee, the investment fi

Billionaire investor Ray Dalio has said his final goodbye to Bridgewater Associates, a hedge fund giant he founded 50 years ago.
Dalio has sold his last remaining stake in Bridgewater and stepped off its board, The Wall Street Journal reported on Thursday.
After buying Dalio’s shares, Bridgewater

Bitcoin
Cryptocurrencies
Bitcoin Price
Markets
Halving
Market Analysis
Add reaction

El Salvador’s legislature has approved sweeping constitutional changes allowing indefinite presidential reelection, effectively enabling President Nayib Bukele to remain in power beyond his current term.
The package of five reforms, passed in a 57–3 vote by Bukele’s New Ideas party and allies,

Bitcoin
Bitcoin Price
Markets
Market Analysis
Add reaction

Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity
“My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Sa