Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
6.2.2024
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled during...
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
6.2.2024
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X (formerly Twitter), the Apple co-founder echoed...
Craig Wright Denies Forging Evidence He’s Satoshi on Day 2 of COPA Trial
6.2.2024
From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case
Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays
6.2.2024
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue...
Ronin Token (RON) Rally Holds Strong Despite Volatility After Binance Listing
6.2.2024
Ronin, the gaming blockchain developed by Sky Mavis, the creator of Axie Infinity, has demonstrated resilience in its token (RON) performance despite facing initial turbulence while listing on the crypto exchange Binance. On February 5, Ronin token prices experienced significant volatility...
Bitcoin Price Prediction as ‘Buy The Dip’ Sentiment Floats It Above $43K – Can It Sustain the Momentum?
6.2.2024
In the realm of Bitcoin price prediction, the premier digital currency recently saw a dip below the $43,000 mark, impacted by a downturn in the US stock market and Coinbase shares’ performance. Despite these headwinds, Bitcoin demonstrated resilience, buoyed by a ‘buy the dip’...
FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
6.2.2024
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since July 2023, ensured the bank’s...
BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024
6.2.2024
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence
U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi
6.2.2024
The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto securities
Can We All Stop Pretending That Solana Is in Beta?
6.2.2024
The phrase is only rolled out when things break on the popular blockchain
Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex
6.2.2024
Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows
Solana Mobile’s ‘Chapter 2’ Crypto Phone Surpasses 60,000 Preorders
6.2.2024
The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025. Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead...