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Cryptocoins News / Blockchain  - 4 months ago

Bitcoin L2 Botanix Shuts Down Amid Weak DeFi Adoption

Botanix, a Bitcoin scaling network, is closing operations by July 9, citing poor demand for Bitcoin-native DeFi. Withdraw assets now. (Read More)

Bitcoin News / Bitcoinist - 4 months ago

Maelstrom’s Bitcoin Grants Hit 20 Months — 5 Developers, 4 Active, Here’s What They’ve Accomplished

Maelstrom, the family office of BitMEX co-founder Arthur Hayes, has published its first annual report for its Bitcoin Grant Program — revealing that four active developers have collectively advanced Bitcoin’s privacy, security, and codebase res...

Bitcoin News / Bitcoin.com - 4 months ago

Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in...

Bitcoin News / Bitcoinist - 4 months ago

BREAKING – Bitcoin Drops As Trump Orders Retaliatory Strikes On Iran

Iran’s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the regi...