Category : Bitcoin.com

Bitcoin.com

Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit

The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Tims...

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the...

Bitcoin Cash Trading Escalates as Second Halving Event Nears

Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the previou...

Tether Formally Announces a Shift Towards Open-Source AI

Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “to...

“The Colosseum” – GAIMIN’s Web3 Membership Program for Esports Fans

The world of esports remains an ever-growing industry, where competitive gaming takes center stage. Gaimin Gladiators ( www.gaimingladiators.gg ), GAIMIN’s (www.gaimin.io) esports team, is making waves with a game-changing move, this time beyond the...

$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded

Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereu...

Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares

Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion marke...

Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis

Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurre...

TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6

PRESS RELEASE. Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges. Showcasing HackaTRON Sponsor...

Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins

Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other to...

Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever

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LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch

PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces...

US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler

U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting i...

Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions,...

Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence

In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations...

Injex Finance Launches Presale for $INJX Token: Join Now to Secure Early Contributions

PRESS RELEASE. Injex Finance is excited to announce the official launch of its Presale for the native $INJX token, offering early contributors an exclusive opportunity to become part of the thriving Injex ecosystem. With the Presale now live, users c...

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by...

Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021

The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S...

Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers,...

Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade

The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15...

Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion

Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations...

House of Streams Presents First-Ever Live Interactive Reality Show With Bitcoin Prize, Global Streamers, and Live Fan Engagement Set to Redefine Reality TV

PRESS RELEASE. MALTA – March 28th, 2024 – At the forefront of entertainment innovation, Stream House Media Productions™, at https://www.shrimp.co/, announces the release date for its reality docuseries, slated to premiere in the spring of...

‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess

Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation si...

Understanding the Long Term Vision for the Diamante Blockchain Ecosystem – Chirag Jetani

Diamante Blockchain stands at the forefront of blockchain innovation, committed to expanding the reach and utility of its proprietary network, Diamante Net. The mission is to harness the transformative power of blockchain to deliver unparalleled valu...

‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 th...

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