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Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments
24.2.2024
Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...
Gauntlet Withdraws From Aave Partnership, Citing Governance Challenges
23.2.2024
Gauntlet has decided to withdraw from its role as Risk Steward for Aave, pointing to governance and operational challenges as the main reasons. This announcement marks the end of a four-year collaboration that has helped in growing Aave. Gauntlet Ends Partnership With Aave Due to DAO Disputes...
What strategies and challenges exist for improving security in Crypto iGaming sector?
23.2.2024
The cryptographic iGaming industry offers both unique opportunities and challenges when it comes to enhancing security. A comprehensive strategy is essential to strengthen security measures in this field. Employing advanced encryption methods and secure wallet systems can effectively protect...
Security Concerns and High Transaction Costs Top Obstacles to Mainstream Web3 Adoption: Report
22.2.2024
Web3 is ripe for mainstream adoption but there are still a few challenges that need to be addressed before onboarding next billion users onto the next generation of internet built on the blockchain technology, as per a recent survey report by Web3Auth.
The post Security Concerns and High...
Bitcoin outlook 2024: Trends, challenges, and potential outcomes
22.2.2024
Bitcoin made its grand debut in 2009 and reshaped the world of global finance, which has been evidenced by reaching milestones in 2017 when its value surged. Increasingly integrated into payment systems and into mainstream investments, Bitcoin has reached broader acceptance from all types...
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
22.2.2024
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters...
Challenges encountered by NFT Gaming platforms during crypto integration
20.2.2024
The integration of NFT with gaming platforms greatly facilitates the segment’s growth. Players were quick enough to identify that having non-fungible tokens in the ecosystem brings the possibility of owning a piece of a digital item. Plus, digital representation made it more desirable. Hence...
New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT
20.2.2024
Groq, the latest AI tool to make waves in the industry, has quickly gained attention after its public benchmark tests went viral on the popular social media platform X.
The post New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT appeared first on Cryptonews
Coinbase Commerce Removes Native Bitcoin Payment Support for Merchants – What’s Going On?
19.2.2024
Coinbase has removed support for native Bitcoin (BTC) and other UTXO (Unspent Transaction Output) coins on its payment platform for merchants, Coinbase Commerce. In a recent post on X, Lauren Dowling, the exchange’s head of product, said that the removal of native Bitcoin and UTXO support...
U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan
17.2.2024
Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins. The stablecoin is vulnerable due to its dependence on the American market and pending...
Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N
15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...
US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing
14.2.2024
The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism...
Bitcoin Price Prediction as BTC Eyes Surpassing Meta in Total Market Cap – $1 Million BTC Incoming?
14.2.2024
As of Wednesday, Bitcoin’s trading value slightly declined to $49,540, marking less than 1% decrease. This fluctuation comes amidst a backdrop of significant developments within the crypto space and broader financial markets. Notably, recent reports from the Financial Crimes Enforcement...
ORDI Reaches for New Heights, Rebel Satoshi Gathers Steam, and XRP Faces Challenges
11.2.2024
TLDR Rebel Satoshi ($RBLZ) maintains its allure for investors, having experienced a 120% surge to date. ORDI bulls predict that ORDI will surge to $71.24. XRP could rise to $0.614 in the next few weeks. The cryptocurrency market has witnessed a substantial decline in its valuation since...
Arthur Hayes Argues for ‘Points’ System Instead of ICOs for Crypto Fundraising
9.2.2024
Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto ‘points’ system as an alternative on February 9. Hayes shared his latest idea in a blog post called ‘Points Guard,’ emphasizing...
Rebel Satoshi’s Innovative Approach Sparks Investor Curiosity as AVAX and THORChain Navigate Market Challenges
9.2.2024
TLDR Investors increasingly focus on Rebel Satoshi (RBLZ) as it outshines new ICOs. Market experts predict Avalanche (AVAX) will see a price increase of 102% in 2024. Analysts believe THORChain (RUNE) will surpass the $7 mark by the end of 2024. Rebel Satoshi (RBLZ) has stood out as the best...
AI Coins Start to Lose Steam – Algotech Primed to Grab Attention
8.2.2024
TLDR Leading institutional holder Kenetic Capital sells off over 2.5 million RNDR in 2 months, resulting in a major impact on token price. UK-based Fetch.ai (FET) struggles to manage operations resulting from regulatory challenges. Algotech (ALGT) and Bittensor (TAO) emerge as standout options...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
ICE-Backed Bakkt Alerts of Possible Closure, Cites Cash Crisis
8.2.2024
Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate...
B2C2 Secures VASP Registration Ahead of MiCA Implementation
7.2.2024
UK-based digital asset liquidity provider B2C2 has secured a virtual asset service provider (VASP) registration expanding its operations to Luxembourg ahead of new rules being implemented in Europe. The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European...