Bitcoin News / Bitcoin.com - 9 months ago
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The s...
Bitcoin News / Bitcoin.com - 9 months ago
Pepe Unchained (PEPU) has quickly become the crypto community’s latest focus, with its presale passing the $13.5 million mark. This meme-themed Layer-2 coin combines Pepe branding with advanced blockchain tech. And one expert believes it could...
Bitcoin News / Bitcoin.com - 9 months ago
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that...
Bitcoin News / Bitcoin.com - 9 months ago
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw yet another round of outflows. The primary source of the ether losses? Grayscale’s ETHE, which has experienced a $2.75 billion...
Bitcoin News / Bitcoin.com - 9 months ago
Cryptocurrency and iGaming are creating some exciting opportunities for affiliates, so whether you are already there or just contemplating getting into these skyrocketing sectors, there’s no denying that crypto is shaking things up in iGaming, and Af...
Bitcoin News / Bitcoin.com - 9 months ago
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashr...
Bitcoin News / Bitcoin.com - 9 months ago
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects for...
Bitcoin News / Bitcoin.com - 9 months ago
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making...
Bitcoin News / Bitcoin.com - 9 months ago
Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be replace...
Bitcoin News / Bitcoin.com - 9 months ago
The Nigerian Institute of Social and Economic Research (NISER) partnered with Soramitsu, a Japanese tech firm, to improve NISER’s research faculty’s knowledge of blockchain technology. Soramitsu will focus on specific areas like SORA, cen...
Bitcoin News / Bitcoin.com - 9 months ago
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Sone...
Bitcoin News / Bitcoin.com - 9 months ago
The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unava...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfis...
Bitcoin News / Bitcoin.com - 9 months ago
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management unde...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspec...
Bitcoin News / Bitcoin.com - 9 months ago
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be th...
Bitcoin News / Bitcoin.com - 9 months ago
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy si...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previo...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and...
Bitcoin News / Bitcoin.com - 9 months ago
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading t...
Bitcoin News / Bitcoin.com - 9 months ago
After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when compared to the U.S. dollar. Polit...
Bitcoin News / Bitcoin.com - 9 months ago
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backi...
Bitcoin News / Bitcoin.com - 9 months ago
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking...
Bitcoin News / Bitcoin.com - 9 months ago
A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with nearly $250,000 raised in the...
Bitcoin News / Bitcoin.com - 9 months ago
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, includi...