MLM Network Zone

Developers behind Bitcoin's software implementation are working to improve communications around security issues bit.ly/3f7o14k http://dlvr.it/T97jx4

The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S. Dollar Banknotes Still Legal Tender The Central Bank of Nigeria (CBN) has informed registered […] from Bitcoin News https://ift.tt/ERVocWk via IFTTT

Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility According to an announcement shared with Bitcoin.com News, this integration represents an […] from Bitcoin News https://ift.tt/cKEDzNh via IFTTT

Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin Investors Hold Substantial Gains As Bitcoin trades in the $60,000 range, Glassnode noted a palpable fear […] from Bitcoin News https://ift.tt/6MCOZrW via IFTTT

Lightspark’s CTO Kevin Hurley is applying what he learned from working on Facebook’s Diem to enable more companies to harness the power of the Lightning Network, especially for cross-border payments. bit.ly/3f7o14k http://dlvr.it/T96Qgn

A new proposal presents an opportunity to defuse the political gridlock around Bitcoin development bit.ly/3f7o14k http://dlvr.it/T96QSF

The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management and disposal of seized cryptocurrencies, ensuring professional and lawful handling. Coinbase Wins $32M Contract With US Marshals Service Crypto exchange Coinbase […] from Bitcoin News https://ift.tt/J6cKfY4 via IFTTT

The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to the lack of clarity in the area. Paraguay Raises […] from Bitcoin News https://ift.tt/o3evjOu via IFTTT

Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures and Efficiency Improvements in 2024 Second Quarter In the aftermath of Bitcoin’s halving in […] from Bitcoin News https://ift.tt/osbNDVt via IFTTT

A thorough analysis of the progressive encroachment of financial surveillance in the Bitcoin space, and the lack of evidentiary basis for it. Part 2 of 2. bit.ly/3f7o14k http://dlvr.it/T94NVK

Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO […] from Bitcoin News https://ift.tt/95knFRG via IFTTT

A conversation with Chase, founder of Molecule, about bringing Solana's execution environment to Bitcoin. bit.ly/3f7o14k http://dlvr.it/T943Dx

Digital Shovel accuses RK Mission Critical of selling an estimated $170 million worth of their patented product. bit.ly/3f7o14k http://dlvr.it/T93ffq

Spot Bitcoin ETFs in the U.S. recorded their largest daily inflow in almost a month on Monday at $129 million, marking a bullish sign for Bitcoin as historically positive July seasonality approaches. bit.ly/3f7o14k http://dlvr.it/T93Gr1

The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in crypto short and long liquidations, with bitcoin shorts comprising $49.85 million. $49M […] from Bitcoin News https://ift.tt/rYoyEx9 via IFTTT

Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading analysts have predicted, bringing up to $20 billion in inflows this […] from Bitcoin News https://ift.tt/DecmntZ via IFTTT

John Hussman, a prominent market strategist known for predicting the 2000 and 2008 crashes, warns of a significant downside for the S&P 500. Hussman highlights elevated asset prices and narrow market participation, suggesting a potential decline of 50-70%. Analyst Predicts Major Stock Downturn Amid Elevated Valuations John Hussman, the president of Hussman Investment Trust, has […] from Bitcoin News https://ift.tt/VtWSRM5 via IFTTT

A thorough analysis of the progressive encroachment of financial surveillance in the Bitcoin space, and the lack of evidentiary basis for it. Part 1 of 2. bit.ly/3f7o14k http://dlvr.it/T91jQV

Sony Group acquired Amber Japan and is relaunching it as the S.BLOX Bitcoin and crypto exchange, marking Sony's expansion into the Bitcoin space. bit.ly/3f7o14k http://dlvr.it/T91K1s

The German government transferred another $95 million in seized Bitcoin to exchanges, sparking renewed concerns it may sell part of its massive Bitcoin reserves. bit.ly/3f7o14k http://dlvr.it/T90wFm

The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the recent overruling of the so-called Chevron doctrine might mean for crypto. The organization explained that this decision marks a new chapter in the battle for clearer regulations in the crypto environment, putting Congress at the forefront […] from Bitcoin News https://ift.tt/3nJZ5VW via IFTTT

National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the institution would have been installing bitcoin farms across the country as the prosecutor’s office is carrying out this investigation with ANDE’s cooperation. Seven ANDE Engineers Involved in […] from Bitcoin News https://ift.tt/H9atJTE via IFTTT

The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate issuing further rules later this year to establish reporting requirements for […] from Bitcoin News https://ift.tt/ya60JMq via IFTTT