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BTC Ethereum Crypto Currency Blog | Bitcoin Cryptocurrency Blog - Cryptocurrency
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The Growth of Crypto Being Used in Online Casinos - BTC Ethereum Crypto Currency Blog
Introduction Four years past, the landscape of online gambling painted a stark contrast to today’s flourishing scene. Within Europe’s vast expanse of licensed online casinos, a mere 5% embraced cryptocurrency as a viable banking method. Furthermore, these few pioneers in online gambling placed a restrictive boundary on using cryptocurrencies. Instead of letting gamblers use their […] More
No, Bitcoin Ordinals Do Not Inscribe Data Onto Sats - BTC Ethereum Crypto Currency Blog
This is an opinion editorial by Bitcoms, a Bitcoin writer.“So quick bright things come to confusion” –William Shakespeare, “A Midsummer Night's Dream”“Inscriptions” are a way of writing pieces of arbitrary information onto the Bitcoin blockchain. “Ordinals” are a convention used for tracking individual sats and linking them to inscriptions. This article does not attempt to argue More
Hedge Funds' Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC - BTC Ethereum Crypto Currency Blog
The proportion of traditional hedge funds investing in crypto assets declined in the past 12 months though the long-term outlook remains positive, according to a new report by Big Four accounting firm PricewaterhouseCoopers (PwC).The percentage of funds with crypto exposure fell to 29% from 37% in 2022, according to the Global Crypto Hedge Fund Report. More
BNB Chain to undergo major hard fork to address blockchain exploit risks - BTC Ethereum Crypto Currency Blog
Key takeaways BNB Chain is set to undergo its ZhangHeng upgrade later this month. The upgrade will address blockchain exploit risks, and no new BNB tokens will be issued. BNB Chain to undergo a major hard fork later this month BNB Chain, the blockchain of the Binance ecosystem, is set to undergo its “ZhangHeng” upgrade More
Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community Allocation - BTC Ethereum Crypto Currency Blog
Dubai, United Arab Emirates, July 13th, 2023, Chainwire XBorg, the Web3 company developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications, sold out their $2 million seed round community allocation in record time. The funds will facilitate the scaling and adoption efforts More
CEL price takes another hit, US SEC files lawsuit against Celsius - BTC Ethereum Crypto Currency Blog
Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022. Alex Mashinsky has been arrested and will be arrayed in court on Friday. Celsius Network, a cryptocurrency lending company that collapsed in 2022, is the More
Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC - BTC Ethereum Crypto Currency Blog
Alex Mashinksy, co-founder and former CEO of insolvent crypto lender Celsius was arrested on Thursday following an investigation into the company's collapse, according to a U.S. Department of Justice (DOJ) indictment.Mashinsky and others are charged with seven counts including securities fraud, commodities fraud, wire fraud and conspiracy to manipulate the price of Celsius' token CEL.The More
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer' - BTC Ethereum Crypto Currency Blog
Zero-knowledge rollup ZKM has been unveiled out of incubation from the MetisDAO Foundation, saying it plans to make Ethereum the "universal settlement layer for all blockchain and non-blockchain applications."With funding from the foundation that oversees development of Metis, a layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into More
What Is The Lightning HTTP 402 Protocol, And Why Is It Important? - BTC Ethereum Crypto Currency Blog
Lightning HTTP 402 Protocol, also known as L402, is a way to charge for services and authenticate users in distributed networks. It combines two powerful tools — Macaroons, and of course, the Lightning Network.Macaroons are special tokens used for authentication. They include permissions and can be verified using a root key. The documentation states this More
More Tokenized Treasurys Arrive on Polygon as Digital Bond Market Expands - BTC Ethereum Crypto Currency Blog
Ondo Finance, which already offers tokenized U.S. Treasurys on the Ethereum blockchain, expanded the product to the Polygon network.The company has issued its OUSG token, a tokenized version of BlackRock’s short-term U.S. government bond exchange-traded fund (ETF), natively on Polygon as part of a “strategic alliance,” according to a press release Thursday.The firm also plans More
Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223% - BTC Ethereum Crypto Currency Blog
Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200% in the past seven months. Coinjounal can exclusively reveal that Bitget, a leading platform for copy trading and crypto derivatives, has released its monthly Proof More
Will Bitcoin catch up? BTC price was $40K when the dollar was previously this weak - BTC Ethereum Crypto Currency Blog
Bitcoin has the chance to set off on a “parabolic curve” as the U.S. Dollar Index threatens to dive below 100, a popular trader says. Bitcoin (BTC) may see a “parabolic curve” begin thanks to United States dollar weakness as the greenback falls to three-month lows.In a tweet on July 11, popular trader Moustache suggested More
Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments - BTC Ethereum Crypto Currency Blog
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas and it currently only supports Android phones. More
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss - BTC Ethereum Crypto Currency Blog
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek to Refrain From Investments in Crypto Companies for Now The sovereign wealth More
Europe’s first spot Bitcoin ETF eyes 2023 debut after year-long delay - BTC Ethereum Crypto Currency Blog
Jacob Asset Management got approval from the Guernsey financial regulator in October 2021 and was set to debut on Euronext Amsterdam Exchange in July 2022. Europe’s first spot Bitcoin (BTC) exchange-traded fund (ETF) is set to debut later this year after a long delay. The Bitcoin ETF by Jacobi Asset Management — a London-based multi-asset investment More
The economics of Bitcoin halving: Understanding the effects on price and market sentiment - BTC Ethereum Crypto Currency Blog
Discover how a reduction in supply affects the price of Bitcoin, and how market participants perceive and react to halving events in the dynamic cryptocurrency market. Bitcoin (BTC), the pioneering cryptocurrency that sparked a global revolution in digital assets, operates on a unique monetary policy. One of the defining features of Bitcoin is its halving More
Western Sanctions on Russia Demolish Global Trade System, Cause Inflation Surge, Says Russian Banker - BTC Ethereum Crypto Currency Blog
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the largest financial and banking crisis since 2008, and it is already spreading to Europe.” ’Sanctions Against Russia More
Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON - BTC Ethereum Crypto Currency Blog
Wallet, a custodial wallet bot on Telegram, says that merchants should sort out for themselves whether their jurisdictions allow them to accept payments in crypto. The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.Wallet, a Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin More
Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe - BTC Ethereum Crypto Currency Blog
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows. Binance US Restores BCH Withdrawals Amid More FUD The American subsidiary of the More
Bitcoin trader eyes BTC price 'Darth Maul candle' as CPI due 2-year low - BTC Ethereum Crypto Currency Blog
Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot. Bitcoin (BTC) eased higher into July 12 with the key macroeconomic event of the week just hours away.BTC/USD 1-hour chart. Source: TradingViewCPI set to hit lowest since March 2021Data from Cointelegraph Markets Pro and More
HIVE Rebrands, Announces Expansion Into Cloud Computing Services - BTC Ethereum Crypto Currency Blog
HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute technology.HIVE plans to utilize a fleet of 38,000 Nvidia GPUs for computational tasks, expanding its revenue channels while seeking to More
AltSignals’s stage 2 presale quickly closes the 50% mark amid the rush for AI-trading - BTC Ethereum Crypto Currency Blog
Phase 2 of AltSignals presale is 50% sold out The token’s demand has been fueled by a proprietary trading service and AI craze $ASI could rise to $0.1 in 2024 as more investors join ActualizeAI Days after a successful presale in phase 1, investors are back on AltSignals ($ASI) in the second stage. Phase 2 of More
Binance CEO Changpeng Zhao Reveals His Secret for Building ‘Tight Teams’: External Pressure - BTC Ethereum Crypto Currency Blog
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the team behind the exchange, and it also makes the Binance team more driven to its objective of More
How to use chatbots for virtual assistance - BTC Ethereum Crypto Currency Blog
Learn the key strategies for leveraging chatbots in virtual assistance, from setting goals to designing intuitive interfaces and continuously enhancing their performance. Businesses and individuals are continually looking for novel methods to improve customer service, optimize operations and provide individualized experiences in today’s digital world. Chatbots, a potent tool for virtual support, allow for effective and More
DeepBook Brings Centralized-Style Orders for Decentralized Finance on Sui Network - BTC Ethereum Crypto Currency Blog
Layer-1 blockchain Sui announced the release of DeepBook, a decentralized central limit order book (CLOB) that supports applications built on the network and allows traders to set a specific price for an asset in the same way as on centralized exchanges.The order book is designed to extend the liquidity of decentralized finance (DeFi) protocols that More
Google hit with lawsuit over new AI data scraping privacy policy - BTC Ethereum Crypto Currency Blog
A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit. Google is now facing a lawsuit in the follow-up to its recent privacy policy update that accuses the tech giant of misusing large amounts of data, including copyrighted material in More
Crypto Criminals Stealing Much Less Money in 2023: Chainalysis Report - BTC Ethereum Crypto Currency Blog
Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to a mid-year report from Chainalysis, which tracks illicit wallet addresses.Through the end of June, the industry’s total losses to illicit actors ranged near $2.5 billion and had fallen 65% relative to mid-2022, whereas legitimate actors More
BIS Survey: 93% of the World’s Central Banks Are Engaged in CBDC Work - BTC Ethereum Crypto Currency Blog
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. The survey found that 93% of the 86 banks surveyed were involved in CBDC-related work at different levels. BIS: More
Riot Platforms stock price is defying gravity as Bitcoin sleeps - BTC Ethereum Crypto Currency Blog
Riot Platform’s share price has surged to the highest point since April 2022. This rally is happening as Bitcoin remains at $30,000. Riot Platforms stock price has made a bullish breakout even as Bitcoin remains in a deep consolidation phase. The stock has risen in the past three straight days and is now trading at the More
U.S. CPI Falls to 3% in June, Core Rate Drops to 4.8%; Both Better Than Expected - BTC Ethereum Crypto Currency Blog
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS), and versus expectations for a dip to 3.1%. On a monthly basis, the CPI was higher by 0.2% in June versus 0.1% More
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round - BTC Ethereum Crypto Currency Blog
Web3 music platform Sound has raised $20 million in funding to help artists earn a sustainable income throughout their careers.The Series A round, which closed in February, was led by venture capitalist firm Andreessen Horowitz (a16z), with participation from rapper Snoop Dogg, artist and producer Ryan Tedder, actor Ashton Kutcher-led firm Sound Ventures and more.Sound’s More
Russia’s Central Bank: BRICS Currency Requires Consent of Many Parties, Faces Implementation Challenges - BTC Ethereum Crypto Currency Blog
The governor of Russia’s central bank says the creation of a common BRICS currency “requires the consent of many parties.” While emphasizing that the proposed BRICS currency “deserves attention,” the Russian central bank chief cautioned that this project is challenging and “will be quite difficult to implement.” Bank of Russia Governor on BRICS Currency Bank More
Astar Foundation teams up with NTT Digital to build Web3 training programs - BTC Ethereum Crypto Currency Blog
Astar Foundation and NTT Digital will collaborate to create Web3 talent training programs. The partners will also work on initiatives aimed at enhancing network infrastructure. Astar Foundation and NTT Digital began collaborating in 2022. Astar Foundation, the developer group behind multichain smart contracts platform Astar Network, has announced a strategic partnership with NTT Digital. Established More
South Korean companies to disclose crypto holdings from 2024 - BTC Ethereum Crypto Currency Blog
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst companies operating in the country. South Korea introduces a new crypto bill. South Korea would soon require companies that own or issue cryptocurrencies to disclose their holdings in financial statements. More
Robert Kiyosaki Warns US Dollar ‘Will Die’ Citing BRICS Nations’ Plan to Launch Gold-Backed Currency - BTC Ethereum Crypto Currency Blog
Rich Dad Poor Dad author Robert Kiyosaki has warned that the U.S. dollar will die. He expects the BRICS nations (Brazil, Russia, India, China, and South Africa) to launch a gold-backed currency that will kill the USD. The famous author further stressed that U.S. dollars will come flooding home and inflation will go through the More
High skilled jobs most exposed to AI, impact is still unknown - report - BTC Ethereum Crypto Currency Blog
A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs. An employment outlook paper suggests that highly skilled professions are the most exposed to artificial intelligence while its potential impact on employment is yet to be seen.The Organisation for Economic Co-operation and Development (OECD) released More
With Crumbling Economic Fundamentals, The Future Of Bitcoin Adoption In Norway Is Bright - BTC Ethereum Crypto Currency Blog
This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway.Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated to be at about 12% in 2022 and that bitcoin currently has about half of the total market More
Rodeo Finance exploited for the second time in a week, $1.53M lost - BTC Ethereum Crypto Currency Blog
Rodeo Finance is an Arbitrum-based decentralized finance (DeFi) protocol. The hacker manipulated price oracles and executed trades using the manipulated price. The price of Rodeo Finance’s native token has plunged 54% after the hack. On July 11, the Arbitrum-powered decentralised finance (DeFi) protocol Rodeo Finance was hacked resulting in the loss of 810 Ether (ETH) More
Aave DAO to decide on GHO Stablecoin on Ethereum - BTC Ethereum Crypto Currency Blog
Key takeaways Aave community members to vote on GHO’s deployment on Ethereum The stablecoin has been live on the Ethereum blockchain’s Goerli testnet since February. Aave DAO to vote on GHO’s deployment on Ethereum The Aave DAO community members are set to start voting on whether to deploy the GHO stablecoin on the Ethereum blockchain. More
Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction - BTC Ethereum Crypto Currency Blog
An analyst at Standard Chartered delivered a strong Bitcoin prediction. He expects BTC price to jump to $120,000 in 2024. Bitcoin price has continued wavering in the past few weeks as investors wait for the next important crypto news and US inflation data. The coin was trading at $30,400, where it has been at in More