Category : Bitcoin.com

Bitcoin.com

Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin

Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emph...

Quadrigacx Co-Founder Compelled to Account for 45-Bar Gold Stash

Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash, an...

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal deve...

Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash

On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of app...

Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack

On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Intere...

Atlas Navi’s Drive2Earn 2.0 Offers Big Discounts on Petrol Prices

PRESS RELEASE. Bucharest, Romania, 29th March 2024: Atlas Navi, a trailblazer in AI-powered navigation, has unveiled Drive2Earn 2.0 — enhancing rewards for drivers as it sets its sights on overtaking Tesla as a market leader in capturing and analyzin...

UK Judge Freezes Craig Wright’s Assets Worth $7M Amid Satoshi Nakamoto Identity Dispute

After Judge James Mellor in the U.K. rendered his decision in the notable lawsuit initiated by the Crypto Open Patent Alliance (COPA) against Craig Wright, he concluded that Wright did not embody the persona of the pseudonymous Satoshi Nakamoto. Subs...

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significan...

Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead

On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin’s 1-hour chart reveals...

Underdogs Defy Odds, Shaking up NCAA Tournament Brackets

With the dust settling from Thursday’s upsets, attention shifts to an equally promising lineup of games in the South and Midwest Regions, where teams like Marquette, NC State, Houston, and Duke vie for dominance in their quest for the Final Fou...

UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange

The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign currenc...

On the Halving, Bitcoin is Getting New Technologies: Rollups and Tokens. Sovryn’s New Initiative is How to Get In Early

Sovryn’s and BOB are offering early users a piece of the new Bitcoin economy. With the Bitcoin Halving less than a month from now, Bitcoin will get two significant technological additions: Rollups, which will allow an increase in user adoption...

‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros

According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “...

Google Introduces Cryptocurrency Wallet Balance Check via Search Engine

Google has enhanced its search engine to allow users to check their cryptocurrency wallet balances directly by entering the wallet’s address, supporting various blockchain networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and...

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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