Bitcoin News / Bitcoin.com - 2 years ago
Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that se...
Bitcoin News / Bitcoin.com - 2 years ago
JPMorgan has provided an analysis of the risks of de-dollarization and the potential for the Chinese yuan to displace the U.S. dollar as the world’s reserve currency. The global investment bank says the renminbi could assume “some of the current func...
Bitcoin News / Bitcoin.com - 2 years ago
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close direction...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of New York Mellon has provided insights into why the growth of the BRICS economic alliance is unlikely to impact the U.S. dollar’s dominance as the global reserve currency. “We think the most important factor for dollar use into...
Bitcoin News / Bitcoin.com - 2 years ago
Dubai’s Bybit cryptocurrency exchange has unveiled an artificial intelligence (AI)-powered instrument named Tradegpt. The new chatbot can scrutinize the exchange’s existing market data and offer an in-depth price evaluation by employing...
Bitcoin News / Bitcoin.com - 2 years ago
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and...
Bitcoin News / Bitcoin.com - 2 years ago
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the seco...
Bitcoin News / Bitcoin.com - 2 years ago
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Tokyo, Japan, September 4th, 2023, Chainwire. TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter “TOKYO BEAST FZCO”) has announced the crypto entertainment project...
Bitcoin News / Bitcoin.com - 2 years ago
Stellar surged by as much as 7% on Monday, despite sentiment in crypto markets being mostly bearish to start the week. The token rallied for a second straight session, after a recent collision with a key price floor. Toncoin also rose, hitting a fres...
Bitcoin News / Bitcoin.com - 2 years ago
While bitcoin (BTC) is already a limited asset, Mike Caldwell’s Casascius physical bitcoins take rarity to a whole new level. Between 2011 and 2013, he endowed over 27,000 coins and bars with nearly 100,000 BTC. As we step into September 2023,...
Bitcoin News / Bitcoin.com - 2 years ago
Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher,...
Bitcoin News / Bitcoin.com - 2 years ago
Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implem...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. [Singapore, September 4th 2023] – The Hourglass Collective is spearheading a new era of Web3 adoption. In a world where technological progress has sprinted from hard industries to consumer-facing revolutions, it’s now in th...
Bitcoin News / Bitcoin.com - 2 years ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile...
Bitcoin News / Bitcoin.com - 2 years ago
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankru...
Bitcoin News / Bitcoin.com - 2 years ago
At some point in July, there were as many as 350,000 Kenya-based residents who had subscribed and shown interest in receiving Worldcoin’s crypto token. According to a Kenyan legislator, Worldcoin executives are now expected to appear before a p...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. congressman has defended the crypto industry against Securities and Exchange Commission (SEC) Chairman Gary Gensler, who stated that it is rife with noncompliance. The lawmaker’s statement followed a pair of legal cases in which the jud...
Bitcoin News / Bitcoin.com - 2 years ago
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a faile...
Bitcoin News / Bitcoin.com - 2 years ago
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, whi...
Bitcoin News / Bitcoin.com - 2 years ago
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from Aug...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypt...
Bitcoin News / Bitcoin.com - 2 years ago
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current...
Bitcoin News / Bitcoin.com - 2 years ago
In a recent submission to the U.S. Securities and Exchange Commission (SEC), Bitwise has decided to retract its registration for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund (ETF). The reasoning behind this action remains unk...