Chainlink hits new record, and price reacts accordingly
Ava Labs, a crypto startup and the leading developer of the Avalanche blockchain has laid off 12% of its workforce amid the persistent bear market. The company’s founder and CEO, Emir Gün Sirer, confirmed the job cuts on X, stating that the move would allow the management to reallocate resources to the growth of the […]
In response to the heightened regulatory scrutiny surrounding the cryptocurrency industry, Coinbase has announced the addition of four national security experts to its global advisory council. The move underscores the industry’s growing need for a deeper understanding of regulatory challenges, particularly in the wake of the collapse of Sam Bankman-Fried’s FTX exchange. Addressing Regulatory Uncertainties: […]
RockX, an Asia-based institutional-grade staking services provider, announced today the broadening of its staking product suite with the addition of a new ether (ETH) native staking solution. This latest offering strengthens RockX’s position as a comprehensive provider of diverse staking needs, maneuvering quickly to the evolving crypto market landscape. Navigating the Ethereum ecosystem presents institutions with […]
The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.
Cryptocurrency has emerged as not only a solution to inefficiencies in payments but also as a reminder that issuing money is not a role that is …
Venture capitalist Arthur Cheong says he’s “pretty bullish” on the Cosmos (ATOM) ecosystem amid recent developments. The DeFiance Capital founder and CEO says on the social media platform X that dYdX’s (DYDX) migration will increase the Cosmos ecosystem’s total value locked (TVL) and bring “huge amounts” of activity. TVL refers to the amount of capital […]
A crypto trader says that a couple of on-chain signals are suggesting that Bitcoin (BTC) is gathering bullish momentum under the hood. Trader Ali Martinez says hundreds of thousands of new Bitcoin wallets were created on Sunday as BTC touched $35,000. “Bitcoin: more than 700,000 new BTC addresses created [on Sunday] alone. This is an […]
Indonesia, Indonesia, November 7th, 2023, Chainwire Iskra, a leading Web 3 game platform, entered into a partnership with Agate, the largest video game studio in Indonesia, in September 2023. The collaboration is set to bring forth ‘Atma: Battle of Souls’, a supernatural techno-thriller RPG, immersing players in a world where advanced technology converges with ancient […]
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. I have taught teenagers mathematics for my entire career. More recently, I also found great joy in teaching people about Bitcoin. Among the lessons I have learned through the years […]
Ripple CEO Brad Garlinghouse has expressed his anticipation for the upcoming DC Fintech week, dropping major hints and teasers about significant announcements and heated discussions slated for the event. Ripple Swell Event Sparks Community Interest Chief Executive Officer of Ripple, Brad Garlinghouse has teased the X (formerly Twitter) community with hints of discussions and ideas […]
Which top coins can rise in current week?
The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.
According to a recent report by Glassnode, a blockchain analytics firm, the supply of Bitcoin is becoming increasingly scarce as more holders are unwilling to sell their coins. The report shows that 90% of the Bitcoin supply has not moved in the last three months, indicating a strong conviction and confidence in the long-term value […]
The long-awaited spot Bitcoin ETF has stepped closer to reality in the past month as investors eagerly await SEC approval. Analysts predict that the launch of one of these funds could inject billions into the crypto market, helping boost asset prices across the board. Now, a brand-new crypto called Bitcoin ETF Token (BTCETF) has been […]
Within the cryptocurrency industry, Bitcoin has earned the moniker “digital gold,” drawing comparisons with the actual precious metal. But the issue remains: Is Bitcoin truly the digital counterpart of gold? In this post, we will look at the features of both Bitcoin and gold to see if the comparison holds up under investigation. The Emergence […]
DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem. All data displayed is sourced from the protocol’s smart contracts directly. The new DeFi Returns […]
Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA’s market cap is still about 75% of SOL’s market cap. He believes Cardano will start market share […]
Money Across Borders: How Cryptocurrency Has Opened Global Exchange, by Nicholas Anthony, explains that cryptocurrencies have opened new opportunities …
Bitcoin wallet and API platform Blink, formerly known as Bitcoin Beach Wallet, has announced a new partnership with Distribuidora Morazán, the second-largest distributor of consumer goods in El Salvador, according to a press release sent to Bitcoin Magazine. This collaboration between Blink and Distribuidora Morazán has paved the way for a pilot program that allows the […]
Recent data has revealed that Shiba Inu has experienced a significant surge in whale transactions following a recent whale transaction of a whopping 4.43 trillion SHIB tokens. This has since caused quite a stir in the cryptocurrency space. Shiba Inu Experiences Surge In Whale Activity According to data, Shiba Inu has been exhibiting astounding whale […]
Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools. The move is possible thanks to a new tie-up with the Microsoft-backed data platform Space and Time (SxT). Critically, these tools are expected to accelerate the burgeoning Web3 gaming niche on the SUI network, SxT’s CEO […]
Binance launched an invite-only Web3 social media app on the iOS store to poor reviews. Despite some initial excitement about its release, the exchange’s CEO, Changpeng Zhao (CZ), clarified its limited use case. CZ said the app would mainly be used for internal communications and is unrelated to what Binance will announce at its Blockchain […]
Over 700,000 new BTC addresses were added to the network in just one day
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.
Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing crypto adoption across Europe, now and into the future. “We’re […]
To enhance OTC trading capabilities, Digital Asset Management Limited (DAMEX), a payment platform specializing in digital asset management, has integrated FM Liquidity Match into their trading technology stack. Damex Direct: A Solution for Digital Asset Management Through the DAMEX OTC Desk, businesses now have the convenience of buying and selling digital assets using fiat or […]
The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is […]
Hong Kong is reportedly weighing the possibility of allowing spot cryptocurrency exchange-traded funds (ETF). In a new Bloomberg report, Hong Kong’s Securities and Futures Commission CEO Julia Leung outlines what it would take for spot crypto ETFs to be authorized in the city-state. “We welcome proposals using innovative technology that boosts efficiency and customer experience. […]
A widely followed crypto trader is predicting that Bitcoin (BTC) will suddenly soar in price and reach a new all-time high while many are caught on the sidelines. Pseudonymous analyst Bluntz tells his 226,800 followers on the social media platform X that Bitcoin may be in the early stages of a strong impulse that could […]
Cardano’s ADA token has seen a notable increase in interest from large investors, according to data from analytics firm IntoTheBlock. This increase translated into an accumulation of 1.89 billion ADA last month, which is equivalent to more than $600 million at current cryptocurrency prices. $ADA got a strong vote of confidence last month. Big holders […]
United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2 […]