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Friend.tech Co-Founder Posts Bounty to Migrate Platform off Base
27.5.2024
Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an implementation allowing the migration of its platform off Base, the Coinbase incubated rollup Layer 2. Racer declared: “System design bounty: If you can figure out a...
MicroStrategy chairman deems Ethereum ETF approval good for BTC
27.5.2024
MicroStrategy chairman Michael Saylor recently reiterated that the spot Ethereum ETF approval is good for Bitcoin. Saylor thinks that the approval will entice institutional investors to cryptocurrencies. During an interview on X, the chairman talked about the approval. During the interview, Saylor...
“I Am Very Positive and Open Minded To Cryptocurrency”: Trump
27.5.2024
Trump assures that he would never let crypto die, throwing a shade on Biden’s moves to kill Bitcoin and crypto.
The post “I Am Very Positive and Open Minded To Cryptocurrency”: Trump appeared first on Cryptonews
Bitcoin White Paper Returns to Bitcoin.org After Craig Wright Fails to Prove He is Nakamoto
27.5.2024
The Bitcoin white paper has made its way back to the Bitcoin.org website following Craig Wright's unsuccessful attempt to prove his identity as Satoshi Nakamoto, the pseudonymous creator of the Bitcoin protocol.
The post Bitcoin White Paper Returns to Bitcoin.org After Craig Wright Fails to Prove...
Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate
27.5.2024
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices...
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
27.5.2024
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due to its unmatched data permanence, a new report has claimed. The study also found that the protocol’s impending cost-reduction upgrade renders it an attractive...
Microsoft Invests $70 Million in South Africa for AI Advancement
27.5.2024
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium...
Argentinian Regulators Talk Bitcoin with El Salvador Authorities
27.5.2024
Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend.
The post Argentinian Regulators Talk Bitcoin with El Salvador Authorities appeared first on Cryptonews
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
27.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations...
Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing
27.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting...
Can Bitcoin finally move on from Craig Wright?
27.5.2024
England's High Court of Justice delivered a heavy blow to Wright with a judgment that said he "lied to the court extensively and repeatedly."
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
26.5.2024
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto...
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
26.5.2024
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart...
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
26.5.2024
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’...
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
26.5.2024
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already...
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
26.5.2024
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
26.5.2024
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support the right to self-custody.” He will also “commute the sentence of Ross Ulbricht...
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
26.5.2024
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months...
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
26.5.2024
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wallet now holds over 100 BTC after an accidental...