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Sui, a layer 1 blockchain network that supports decentralized finance, has resumed block production. The team says a bug that caused validators to crash has been fixed. The Sui (SUI) team has announced the resumption of transaction processing after the network went offline for nearly two hours amid a “major outage.” On Nov. 21, the More
The collaboration is to enhance B2B cross border payments “providing greater transparency and faster settlement as well as reducing time zone friction.” By integrating Mastercard MTN's connectivity with Kinexys Digital Payments, mutual customers of MTN and Kinexys will be able to settle B2B transactions through a single API. 01:25 Bitcoin Posts New ATH Amid BlackRock's More
Today’s modern Bitcoin exchanges have drastically improved access to Bitcoin ownership in 2024. Gone are the days of janky peer-to-peer (P2P) trade forums and questionably secure early exchanges like Mt Gox. Instead, a legion of Bitcoin on-ramps focused on superior security and user experience (UX) has made purchasing your first Bitcoin a breeze. Many of More
Follow Nikolaus On X Here Today, MicroStrategy (MSTR) surpassed a $100 billion market cap to become the 93rd largest publicly-traded company in the U.S. At the time of writing, MSTR has done more trading volume than both stock giants Tesla and Nvidia today, and has traditional stock traders like the Wall Street Bets community losing More
Let’s get one thing out of the way – The United States already holds more bitcoin than any government in the world. Follow Rizzo on X.https://x.com/pete_rizzo_/ While this data is true, you wouldn’t exactly know this from the obscene amounts of FOMO being generated by industry lobbyists on social media. On X, BTC Inc CEO More
Bitcoin has jumped to $98,370, its highest-ever price as bulls target $100,000. The flagship cryptocurrency has rallied higher since Donald Trump’s re-election on Nov. 5 Bitcoin’s march towards $100,000 continued Thursday as the benchmark crypto asset broke past $98,000 for the first time ever. Having hit $97k earlier in the day, BTC showed no mercy More
Follow Frank on X. Martin Gruenberg, Chairman of the U.S. Federal Deposit Insurance Corp. (FDIC), announced today that he’ll be stepping down on January 19, 2025, one day before Trump takes office. I’d like to take this opportunity to tell Mr. Gruenberg not to let the door hit him on the way out. The FDIC More
Author Last updated on: 21 November 2024 Fact Checker's Full Profile Justin Sun, Tron Founder and President of Liberland purchased Maurizio Cattelan’s infamous Comedian artwork / banana art—for $6.2 million. Justin Sun has purchased Maurizio Cattelan’s infamous “Comedian” artwork—essentially a banana duct-taped to a wall—for a staggering $6.2 million at a Sotheby’s auction in New More
Payments firm Stripe is expanding its crypto products to layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network, ecosystem development organization Aptos Foundation told CoinDesk on Thursday. Until now, USDC has been available on the network only in a bridged version. The stablecoin company will also More
Author Last updated on: 21 November 2024 Fact Checker's Full Profile The U.S. Securities and Exchange Commission (SEC) has distributed $4.6 million to investors harmed by BitClave’s unregistered initial coin offering (ICO). The announcement, made on November 20, follows a settlement BitClave reached with the SEC in 2020. BitClave, an Ethereum-based search engine, conducted a More
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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