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Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves
11.5.2023
Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves.
In addition to announcing the massive billion-dollar profit, Tether revealed in a press release...
Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork
11.5.2023
The next major upgrade for the blockchain will include “proto-danksharding,” though developers are still deciding what else to include in the hard fork
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
11.5.2023
Thursday's reported first-quarter earnings from miners were a mixed bag
EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion
11.5.2023
PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its unique blend of real-world experience in precious metals and artificial intelligence sectors. Addressing the challenges faced by users from low socio-economic...
Smart Contracts Have Arrived on the Bitcoin Blockchain – Will BTC Become a DeFi Powerhouse?
11.5.2023
A new era has begun for the Bitcoin blockchain.
Last week, a group of developers deployed a suite of Uniswap smart contracts directly onto the Bitcoin blockchain.
Uniswap is a decentralized cryptocurrency exchange (DEX) that operates on multiple smart contract-enabled blockchains like Ethereum...
Texas Lawmakers Vote To Cement Digital Currencies in Lone State’s Bill of Rights
11.5.2023
Texas lawmakers voted almost unanimously to change the state’s bill of rights to include the right of its residents to own, hold and use digital currency.
The joint resolution was passed through a 139-2 vote on Wednesday....
Read More: Texas Lawmakers Vote To Cement Digital Currencies in Lone...
8 smart strategies for effectively explaining a blockchain scaling solution
11.5.2023
Non-experts are much more likely to grasp the value of a scaling solution if it’s related to something they already understand
How the IRS seized $10B worth of crypto using blockchain analytics
11.5.2023
A public-private partnership with blockchain analytics firm Chainalysis has played a key role in helping the Internal Revenue Service solve cryptocurrency-related crimes
Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain Fund, Circle Won't Hold Treasurys Past June, Bittrex Allowed to Borrow $7M
11.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain...
Half of North Korea's Missile Funding Comes from Cybercrimes and Cryptocurrency Theft, Says White House
11.5.2023
As North Korean military activities continue to capture the attention of decision-makers and analysts across the world, around 50% of the country’s secretive missile program could be financed by cyberattacks and cryptocurrency theft, according to Anne Neuberger, the U.S. deputy national security...
Crypto Signals Announces Partnership with Bybit Crypto Exchange to Offer Copy Trading for VIP Members
11.5.2023
The world of cryptocurrency trading is rapidly evolving, with new technologies and tools emerging to help traders stay ahead of the game.
One such tool that has gained significant popularity in recent years is copy trading, which allows traders to automatically replicate the trades of experienced...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
11.5.2023
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5....
Argentine Coffee Shop Reveals x10 Rise in Crypto Pay in Past Year – Is Adoption on the Rise?
11.5.2023
An Argentinian coffee shop has announced a x10 rise in crypto-paying customers in the past year – and says it plans to open a branch in Chile.
Per Criptonoticias, the shop is named CrypStation, and has two branches in the capital, Buenos Aires.
In the past 12 months, the shop stated, over 10%...
Venom Foundation ventures into Kenya via a Government partnership
11.5.2023
Venom Foundation has announced that it has partnered with the government of Kenya, enabling the firm to venture its blockchain technology in the nation. The partnership is touted to help not just Kenya but other African nations as well. Specifically speaking, Venom Foundation will now establish...
Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
11.5.2023
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021
China launches national blockchain center to train half a million specialists
11.5.2023
The institution will reportedly train more than 500,000 specialists in distributed ledger technology
Brazilian Probe Unearths ‘Money Laundering’ at ‘Obscure’ Crypto Exchange – Militias Turning to Crypto?
11.5.2023
A notorious Brazilian militia group reportedly moved thousands of USD worth of money and coins through an “obscure” domestic crypto exchange.
Per reports from O Globo and Portal do Bitcoin, the Public Ministry of Rio de Janeiro (MPRJ) believes that the Tandera Militia “laundered money” through...
EY Announces Ethereum-Based Carbon Credit Traceability Platform – How Does it Work?
11.5.2023
One of the 'Big Four' accounting firms Ernst & Young (EY) announced that its Ethereum (ETH)-based platform for enterprises to track their carbon emissions and carbon credit traceability is now available in beta version.
According to the latest press release, the company's EY OpsChain ESG...
Franklin Templeton to List Blockchain Fund Targeting Institutional Investors
11.5.2023
The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000
'We can't keep putting band-aids on the current system' — OKX CMO
11.5.2023
OKX launches a new campaign calling for a rewrite of centralized legacy financial and digital systems using blockchain technology and Web3 solutions