#it

Bitcoin doesn’t necessarily have to be bought—it can be mined. However, competing with large mining companies can be tough, prompting solo miners to consolidate their computing resources into pools. This strategy increases the overall hash rate of the pool, enhancing the likelihood of mining a new block. If successful, the reward is distributed among all participants proportionally to their contribution.

Fred Ehrsam, a co-founder of the cryptocurrency exchange Coinbase, teamed up with Quintin Frerichs to establish a new company called Nudge. This venture is set to develop an ultrasonic headset aimed at enhancing people’s daily lives. It will enable users to boost focus or go to sleep with just the press of a button.

The U.S. Securities and Exchange Commission (SEC) asked the court to reject Coinbase's request for a broad range of documents related to crypto assets. The regulator argues that it has already provided all necessary documents, including relevant notices and materials from investigations unrelated to the case against Coinbase, and that the remaining documents are not relevant.