Category : Bitcoin.com

Bitcoin.com

Aave Launches GHO Stablecoin on Ethereum Network

Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave...

Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip

In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashr...

Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July

As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July....

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains

Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a we...

Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says

Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflo...

Justbit: Why Many Players Win or Lose at the Casino and How RTP Works

The surge in online gaming platforms has marked a transformative era in the casino industry, providing gaming enthusiasts with the opportunity to experience their favorite games from the comfort of their homes. Amidst this digital revolution, JustBit...

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $100 million while Dangote Cement is sa...

Judge Criticizes SEC Approval of Coinbase IPO in Pre-Motion Conference

Southern District of New York judge Katherine P. Failla called to attention the U.S. Securities and Exchange Commission’s (SEC) approval of Coinbase’s Initial Public Offering (IPO), hinting that the agency could have been more thorough. F...

QED: A Zk-Native Blockchain Capable of Serving Millions of Concurrent Users

PRESS RELEASE. July 17th, 2023, Hong Kong. Startup Open Asset Standards has recently announced QED, the world’s first ZK 2.0 blockchain protocol. Unlike existing zero knowledge blockchain protocols, QED has a novel state model which is horizont...

SEC Accepts Blackrock’s Bitcoin ETF Application

Looks like the rocket is about to take off. submitted by /u/MrMeowManchego [link] [comments]

Sam Altman-Backed Worldcoin Reaches 2 Million Signups

Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings,...

Blackrock CEO Larry Fink Says Crypto Will ‘Transcend Any One Currency’ — Sees Broad-Based Global Interest

Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says crypto is so international that it will transcend any one currency. Regarding Blackrock’s bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commis...

Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’

The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the ruling on the SEC v. Ripple case “resides on shaky ground” and will likely be reversed. “The Ripple decision...

India and UAE Break Away From US Dollar: Landmark Agreement Enables Trade Settlements in Rupees and Dirhams

In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. Ind...

Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit

Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the prematur...

The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Was More Than One Person

Ever since the genesis of Bitcoin, the identity of its creator, Satoshi Nakamoto, has remained shrouded in profound intrigue, evolving into one of the most captivating enigmas of all time. While numerous speculators picture a solitary genius behind i...

Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork

Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-da...

Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million

In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five blo...

XRP Supporters Celebrate, Kiyosaki Says Dollar ‘Will Die,’ RFK Jr Holds Bitcoin, and More — Week in Review

This past week has been a big one for Ripple supporters, who are now celebrating what they view as at least a partial win for the digital asset XRP in the legal battle against the U.S. Securities and Exchange Commission (SEC). In other news, Rich Dad...

‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1

Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if...

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