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Showing posts from September, 2024

Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report #Bitcoin https://ift.tt/WKHzBMQ

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Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the […] from Bitcoin News https://ift.tt/kqTnB5a via IFTTT

Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market #Bitcoin https://ift.tt/WKHzBMQ

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Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster coverage and the absence of experts addressing this subject as “bullish.” Economist Peter Schiff Blasts Economic News Sites […] from Bitcoin News https://ift.tt/D5F3sr7 via IFTTT

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets #Bitcoin https://ift.tt/WKHzBMQ

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A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and […] from Bitcoin News https://ift.tt/QMkObdw via IFTTT

Kenya Acting to Curb AI Disinformation, President Ruto Says #Bitcoin https://ift.tt/eznK1ki

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Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after AI-fueled social unrest incidents in 2021 and 2023, and mass protests earlier this year. […] from Bitcoin News https://ift.tt/o4Z2fWN via IFTTT

Tokenizing Supercars to Commodities #Bitcoin https://ift.tt/eznK1ki

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In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of regulatory compliance, and his optimistic vision for blockchain’s societal impact. Pioneering the Future: How Curio Invest Is Bringing Real-World […] from Bitcoin News https://ift.tt/Ey4Uzdj via IFTTT

China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision #Bitcoin https://ift.tt/eznK1ki

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China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements for monitoring tech-related new money laundering risks. China to Address Crypto Money […] from Bitcoin News https://ift.tt/fW1rueR via IFTTT

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance #Bitcoin https://ift.tt/NKZuJLt

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As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary dynamics worldwide. Transforming Global Finance: The Rising Influence of Stablecoins According […] from Bitcoin News https://ift.tt/5LjiegQ via IFTTT

Nigeria Accuses Four Crypto Traders of Forex Regulations Violations #Bitcoin https://ift.tt/NKZuJLt

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The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley, and Chukwuebuka F. Ogumba. The defendants are accused of violating the Banks and Other Financial […] from Bitcoin News https://ift.tt/zl7PCmU via IFTTT

Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour

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The Motor City and State of Michigan see opportunity in creating a business-friendly environment for the Bitcoin and crypto industry, welcoming the Stand With Crypto Alliance. bit.ly/3f7o14k http://dlvr.it/TDCWcP

US Urges Nigeria to Release Jailed Binance Employee, Considers ‘Wrongfully Detained’ Designation #Bitcoin https://ift.tt/NKZuJLt

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The U.S. is urging Nigeria to release Tigran Gambaryan, a jailed Binance employee, due to humanitarian concerns. This has become a major point of tension in U.S.-Nigeria relations. U.S. officials say Gambaryan’s health issues warrant his release, while his family claims he’s denied proper medical care. Nigeria denies these claims and insists the courts will […] from Bitcoin News https://ift.tt/AUQxCHb via IFTTT

Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut

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Bitcoin touches $60,000 ahead of a potential interest rate cut by the Federal Reserve, signaling market optimism amid falling reported inflation data. bit.ly/3f7o14k http://dlvr.it/TDCRK7

Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia #Bitcoin https://ift.tt/NKZuJLt

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Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF […] from Bitcoin News https://ift.tt/uB0GbJf via IFTTT

Bitcoin Price Action: What to Expect Next

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Bitcoin’s Path Forward: Insights into Price Targets, Support, and Resistance Zones bit.ly/3f7o14k http://dlvr.it/TDCBzZ

MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin

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MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation. bit.ly/3f7o14k http://dlvr.it/TDBdP0

Bitcoin and Crypto Exchange HTX To Integrate Lightning Network

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One of the leading Bitcoin and crypto exchange HTX announced integration of Bitcoin's Lightning Network to enable faster, cheaper payments. bit.ly/3f7o14k http://dlvr.it/TDBKbc

US and Africa Urged to Collaborate on AI Development #Bitcoin https://ift.tt/UTtZdD0

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A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development […] from Bitcoin News https://ift.tt/SrWmP6N via IFTTT

Latam’s Fintech Giant Nubank Ends Nucoin Trading #Bitcoin https://ift.tt/UTtZdD0

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Nubank, one of the biggest neobanks in Latan, announced on Tuesday that it would terminate the trading of its nucoin cryptocurrency as it turns to use it as part of an internal rewards and benefits program for its clients. Users will have the choice of exchanging it for bitcoin or stablecoins before December 9. Nubank […] from Bitcoin News https://ift.tt/TCgK0jo via IFTTT

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks #Bitcoin https://ift.tt/UTtZdD0

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Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […] from Bitcoin News https://ift.tt/ZFiwVAx via IFTTT

Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst

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A Trump win could fuel a Bitcoin rally, though new all-time highs are expected regardless of the 2024 election outcome. bit.ly/3f7o14k http://dlvr.it/TD8kws

Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems

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Why Three-Phase electrical systems can offer a competitive advantage to miners with ASIC efficiency gains tapering off. bit.ly/3f7o14k http://dlvr.it/TD8TYV

El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0

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The National Bitcoin Office (ONBTC) of the Office of the President of El Salvador, led by Stacy Herbert, aims not just to help further integrate Bitcoin into El Salvador’s economy but foster a cultural, artistic and psychological renaissance. bit.ly/3f7o14k http://dlvr.it/TD7czK

Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition #Bitcoin https://ift.tt/Lz4O7oA

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Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin […] from Bitcoin News https://ift.tt/2jnHNT8 via IFTTT

Trump and Harris Neck and Neck After Heated Debate, Polymarket Shows #Bitcoin https://ift.tt/Lz4O7oA

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Following the heated debate between former President Donald Trump and Vice President Kamala Harris, Polymarket data revealed an intense tie between the two from 6 a.m. to 12 p.m. EDT on Wednesday, with each holding a 49% chance of winning. By 2:30 p.m., however, Trump edged ahead by a single percentage point, according to bettors […] from Bitcoin News https://ift.tt/5oFgZPB via IFTTT

Bitcoin Mining Difficulty Hits Record 92 Trillion

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The Bitcoin mining difficulty hit a record high of 92.67 trillion on September 11, displaying intensifying competition on the network. The rise indicates greater security from surging collective computing power dedicated to mining Bitcoin. bit.ly/3f7o14k http://dlvr.it/TD5xny

Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

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The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients' digital assets. bit.ly/3f7o14k http://dlvr.it/TD5JFB

Hamster Kombat Announces Exchanges That Will List HMSTR After Airdrop #Bitcoin https://ift.tt/AiFzKyN

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The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on Bybit, Bitfinex, and Okx, but has not given word on a possible Binance listing yet. Hamster […] from Bitcoin News https://ift.tt/7CV8Lf3 via IFTTT

Ramp Network Expands Crypto Services to All 50 US States #Bitcoin https://ift.tt/AiFzKyN

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Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell digital currencies. Ramp Network Covers 50 States, […] from Bitcoin News https://ift.tt/Nx4rpSz via IFTTT

Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions #Bitcoin https://ift.tt/AiFzKyN

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Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank headquarters are heavily scrutinizing Russian citizens opening bank accounts in the country. Settlements Between Russia […] from Bitcoin News https://ift.tt/VXE7Z9I via IFTTT

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement #Bitcoin https://ift.tt/AiFzKyN

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Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report. […] from Bitcoin News https://ift.tt/ySADsW5 via IFTTT

Give Me Time

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On Bitcoin, Saturn and synchronicity. From "The Privacy Issue" bit.ly/3f7o14k http://dlvr.it/TD2xt6

Introducing The Bitcoin Report: A New Monthly Digest from Bitcoin Magazine Pro

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Bitcoin Magazine Pro launches The Bitcoin Report, a monthly digest offering key insights into Bitcoin trends. From on-chain analysis to price forecasts, it’s a must-read for investors. The inaugural August edition is free to download. bit.ly/3f7o14k http://dlvr.it/TD2xXz

Bitcoin Rollups - The Rock Or The Hard Place?

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A look at the scalability limits of rollups, and the choices in making decisions regarding maximizing it. bit.ly/3f7o14k http://dlvr.it/TD2x8g

Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says #Bitcoin https://ift.tt/1NrKLpe

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QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate. […] from Bitcoin News https://ift.tt/CKNTVJ5 via IFTTT

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility #Bitcoin https://ift.tt/1NrKLpe

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Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines at the new site, with plans for an additional […] from Bitcoin News https://ift.tt/zW2ueCI via IFTTT

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer #Bitcoin https://ift.tt/1NrKLpe

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On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly […] from Bitcoin News https://ift.tt/0aB58cl via IFTTT

Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki

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Australia's Monochrome Bitcoin ETF is partnering with Hoseki to implement proof-of-reserves, becoming the first Australian spot Bitcoin ETF to provide daily verification of holdings. bit.ly/3f7o14k http://dlvr.it/TD1Wkh

Japan's Largest Power Company TEPCO is Mining Bitcoin Using Renewables

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Japan's largest power company TEPCO has begun mining Bitcoin through its subsidiary using excess renewable energy, showing how Bitcoin can incentivize green energy growth. bit.ly/3f7o14k http://dlvr.it/TD189b

US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption #Bitcoin https://ift.tt/UeDjTGg

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The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to discuss the opportunities and challenges of AI development and use. Participants will work to identify and harmonize tech governance strategies to ensure AI is adopted […] from Bitcoin News https://ift.tt/6Dg4AqB via IFTTT

Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments #Bitcoin https://ift.tt/UeDjTGg

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The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment accessibility in Africa. This partnership aims to enhance consumer payment capabilities and support trade across borders. Mansa’s liquidity solution has reportedly already helped foster financial inclusion in other regions. Bridging the Funding Gap The Nigerian blockchain payment […] from Bitcoin News https://ift.tt/09SRdlQ via IFTTT

Connecting Japanese Culture to a Worldwide Audience #Bitcoin https://ift.tt/UeDjTGg

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Japanese culture captivates millions around the world, but the creators behind its art often remain inaccessible. With 8Ships, Terry Tomonaga is changing that. 8Ships Is Connecting Japan’s Artists, Artisans, and Craftmen to a Global Audience 8Ships’ mission is to connect people all over the world with Japan’s unusually hard-to-reach artists, craftsmen, and artisans. While Japanese […] from Bitcoin News https://ift.tt/W9ZKVyM via IFTTT

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy #Bitcoin https://ift.tt/UeDjTGg

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According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question, has cleverly placed its bitcoin mining units right next to solar farms in the Tochigi and […] from Bitcoin News https://ift.tt/pwEgvbe via IFTTT

Fed Report Explores How Crypto Price Changes Affect Ownership #Bitcoin https://ift.tt/CcBx0Xd

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A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations […] from Bitcoin News https://ift.tt/NjoqHZG via IFTTT

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement #Bitcoin https://ift.tt/CcBx0Xd

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Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC) […] from Bitcoin News https://ift.tt/aCMpBPU via IFTTT

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve #Bitcoin https://ift.tt/CcBx0Xd

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Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic […] from Bitcoin News https://ift.tt/7tNKZBG via IFTTT

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility #Bitcoin https://ift.tt/CcBx0Xd

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In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes […] from Bitcoin News https://ift.tt/SbcoDIr via IFTTT

First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation #Bitcoin https://ift.tt/ao8cJs6

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In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals obtained these funds from two main activities: phone smuggling and operating illegal online casinos. Argentine Justice Orders […] from Bitcoin News https://ift.tt/bOgichC via IFTTT

Vaneck Reveals Plans to Close Ethereum Futures ETF #Bitcoin https://ift.tt/ao8cJs6

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On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According […] from Bitcoin News https://ift.tt/1bSKDMx via IFTTT

Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining #Bitcoin https://ift.tt/ao8cJs6

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Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside the “gray” zone. Russia Will Not Prioritize Supplying Energy […] from Bitcoin News https://ift.tt/fb38uD4 via IFTTT

Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data #Bitcoin https://ift.tt/ao8cJs6

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Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin. Cryptoquant: Ethereum Underperforms Bitcoin by 44% Ethereum’s transition to a proof-of-stake (PoS) blockchain, known as The Merge, took place […] from Bitcoin News https://ift.tt/fJHkeQ2 via IFTTT

Bitcoin's Potential Rally Amid U.S. Dollar Weakness

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Analyzing the recent drop in the Dollar Strength Index and its implications for Bitcoin. bit.ly/3f7o14k http://dlvr.it/TCw1pV

Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia #Bitcoin https://ift.tt/RabS8uB

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Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with Russian media, Aksakov stated that these instruments will be considered for such settlements as soon as the regulatory and technological platforms for this task are […] from Bitcoin News https://ift.tt/t9Jsreo via IFTTT

Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment #Bitcoin https://ift.tt/RabS8uB

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On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop in bitcoin’s […] from Bitcoin News https://ift.tt/6xhJW59 via IFTTT

Nexo Reopens UK Registrations With Enhanced User Protections #Bitcoin https://ift.tt/RabS8uB

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Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines. The platform has introduced mandatory risk warnings, cool-off periods, and improved compliance measures to […] from Bitcoin News https://ift.tt/68KcjmM via IFTTT

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop #Bitcoin https://ift.tt/RabS8uB

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The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces […] from Bitcoin News https://ift.tt/Qt5D6wx via IFTTT

Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card

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Mastercard has launched a euro debit card enabling direct spending of Bitcoin and crypto from non-custodial wallets at its over 100 million merchants. The move reflects Mastercard's expanding efforts to bridge Bitcoin with its traditional payments network. bit.ly/3f7o14k http://dlvr.it/TCs7XT

Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token

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Blockstream’s second Mining Note — the BMN2 — is designed much like the successful BMN1. bit.ly/3f7o14k http://dlvr.it/TCrkhN

U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock

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U.S. spot Bitcoin ETFs experienced significant outflows yesterday, totaling $287 million, with BlackRock being the only exception, reporting no withdrawals. bit.ly/3f7o14k http://dlvr.it/TCqhNl

Thailand’s Mahidol University Partners With Tether to Integrate Blockchain and Stablecoin Education #Bitcoin https://ift.tt/PtvCZFq

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Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and peer-to-peer (P2P) technology into MUIC’s curriculum. This collaboration will feature workshops, guest lectures, and research projects aimed at enhancing finance education and fostering […] from Bitcoin News https://ift.tt/QLTKJEM via IFTTT

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity #Bitcoin https://ift.tt/PtvCZFq

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Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in […] from Bitcoin News https://ift.tt/Q3H09rM via IFTTT

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss #Bitcoin https://ift.tt/PtvCZFq

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Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […] from Bitcoin News https://ift.tt/V8T7bBm via IFTTT

UTXO Research Report: State Of The Bridges

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A research report analyzing the different trust models and functioning mechanisms of proposed and existing two-way pegs for Bitcoin layers. bit.ly/3f7o14k http://dlvr.it/TCq1df

Switzerland's Fourth Largest Bank ZKB Launches Bitcoin Trading

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Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment. bit.ly/3f7o14k http://dlvr.it/TCq1KT

FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs

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The FBI has issued an alert warning that North Korean hackers are attempting to steal cryptocurrency funds from U.S.-based ETFs using sophisticated social engineering techniques. bit.ly/3f7o14k http://dlvr.it/TCnpJD

Privacy and Pain: Craig Raw, Creator Of Sparrow Wallet, On Self-Custody

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An interview with Craig Raw, creator of the popular Sparrow Wallet, on Bitcoin privacy best practices and pain as a teacher. From "The Privacy Issue". bit.ly/3f7o14k http://dlvr.it/TCnnwr

Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off #Bitcoin https://ift.tt/4CpAG5Z

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Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing at 18 out of 100. Altcoin Season Speculation Swirls on […] from Bitcoin News https://ift.tt/yT3SiQI via IFTTT

Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security #Bitcoin https://ift.tt/4CpAG5Z

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Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem. Hypernative Garners $16M Funding to Fortify Web3 Security With AI Solutions In a blog […] from Bitcoin News https://ift.tt/cr5ehRm via IFTTT

Report: Central Bank Gold Demand Surges in July Amid Rising Prices #Bitcoin https://ift.tt/4CpAG5Z

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Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven by several key players in the global […] from Bitcoin News https://ift.tt/SjDlU21 via IFTTT

Why The DNC Doesn't Care About Bitcoin

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Politicians cater to their voting base, it's that simple. If you want politicians to care about Bitcoin, their voters need to care. bit.ly/3f7o14k http://dlvr.it/TCmHCW

Bitcoin Hashrate Records New ATH Surpassing 740 EH/s

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The Bitcoin network hashrate hit a new all-time high of 746 EH/s on September 3rd, showcasing improved security and fundamentals. This comes as Bitcoin prices decline, underscoring the disconnect between short-term pricing and long-term network health. bit.ly/3f7o14k http://dlvr.it/TClpzm

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead #Bitcoin https://ift.tt/Qz37rOV

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Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth largest spot. Stablecoin Shakeup: USDE Slips to 5th, FDUSD Rises to […] from Bitcoin News https://ift.tt/DW0GrgJ via IFTTT

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’ #Bitcoin https://ift.tt/Qz37rOV

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Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has […] from Bitcoin News https://ift.tt/IlBsF2K via IFTTT

Qatar Unveils 2024 Digital Assets Framework #Bitcoin https://ift.tt/Qz37rOV

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Qatar has launched a new framework to regulate digital assets, aiming to create a secure and transparent ecosystem. The framework is expected to attract domestic and international players and support the development of a thriving financial services sector in Qatar. Building Foundation for Digital Assets Qatar has launched a comprehensive framework for creating and regulating […] from Bitcoin News https://ift.tt/9kF1JuK via IFTTT

Russian Analyst Examines Post-Airdrop Performance of Hamster Kombat Token #Bitcoin https://ift.tt/Qz37rOV

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Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, believes that post-airdrop interest in Hamster Kombat, the popular tap-to-earn game, will grow quickly. However, if the game fails to evolve from its current ‘clicker’ state, this interest might wane, and users may migrate to other similar projects. Interest In […] from Bitcoin News https://ift.tt/ZF9kP1b via IFTTT

Bitcoiners and Wobblies: Labor Day Edition

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A look at the history of the American and global Labor Movement, and the parallels between Bitcoin's and the labor movement's evolutions. bit.ly/3f7o14k http://dlvr.it/TCjgd4

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm #Bitcoin https://ift.tt/7V9OWtU

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Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […] from Bitcoin News https://ift.tt/CT9WLGZ via IFTTT

Frax Finance Launches Frax Name Service for Decentralized Identity Management #Bitcoin https://ift.tt/7V9OWtU

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Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is […] from Bitcoin News https://ift.tt/Fb1DKYu via IFTTT

Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention #Bitcoin https://ift.tt/7V9OWtU

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The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN) software to circumvent the blockage, establishing fines of […] from Bitcoin News https://ift.tt/dvnk2S7 via IFTTT

US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory #Bitcoin https://ift.tt/7V9OWtU

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With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and a victor was declared. From 2012 to 2020: How Bitcoin […] from Bitcoin News https://ift.tt/0m6XcnE via IFTTT