Channel: Bitcoin.com News
Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would “supercharge” the de-dollarization efforts of several nations. This is due to the possibility of having their assets seized […]
https://news.bitcoin.com/analysts-confiscation-of-russian-assets-in-the-us-would-supercharge-de-dollarization/
https://news.bitcoin.com/analysts-confiscation-of-russian-assets-in-the-us-would-supercharge-de-dollarization/
Bitcoin News
Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization – Economics Bitcoin News
Analysts believe seizures of billions in Russian assets held in the U.S. would "supercharge" de-dollarization efforts of several nations.
The emergence of crypto casinos gave players an efficient and alternative way to enjoy their favorite games of chance. While this was cool at first, the growing popularity of cryptocurrencies has overrun the industry with countless crypto casino sites, many of which can’t be trusted. Now, many players have a hard time choosing the right […]
https://news.bitcoin.com/how-read-write-is-helping-players-choose-better-crypto-casino-sites/
https://news.bitcoin.com/how-read-write-is-helping-players-choose-better-crypto-casino-sites/
Bitcoin News
How Read Write is Helping Players Choose Better Crypto Casino Sites – Branded Spotlight Bitcoin News
The emergence of crypto casinos gave players an efficient and alternative way to enjoy their favorite games of chance. While this was cool at first, the
The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to influential figures in Kenya, may still prove to be challenging. Interpol Reportedly Involved in […]
https://news.bitcoin.com/kenyan-authorities-to-extradite-binance-executive-to-nigeria-by-months-end/
https://news.bitcoin.com/kenyan-authorities-to-extradite-binance-executive-to-nigeria-by-months-end/
Bitcoin News
Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End – Africa Bitcoin News
A Kenyan detective said the extradition of Anjarwalla, who allegedly has ties to influential figures, may still prove to be challenging.
Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related NFT collection. Square Enix, known for high-profile games like Final Fantasy and Kingdom Hearts, will leverage Animoca’s experience in Web3 to facilitate Symbiogenesis’s overseas expansion, […]
https://news.bitcoin.com/animoca-brands-japan-teams-up-with-square-enix-to-market-symbiogenesis-and-its-nft-collection/
https://news.bitcoin.com/animoca-brands-japan-teams-up-with-square-enix-to-market-symbiogenesis-and-its-nft-collection/
Bitcoin News
Animoca Brands Japan Teams up With Square Enix to Market 'Symbiogenesis' and Its NFT Collection – News Bytes Bitcoin News
Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix for an upcoming game.
Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant funds locked on various bridge contracts. Among these, a wallet associated with Bofur Capital has $1.8 million in wrapped Bitcoin stuck on an Arbitrum bridge […]
https://news.bitcoin.com/vitalik-buterin-among-several-high-profile-names-with-over-1-million-locked-in-bridges/
https://news.bitcoin.com/vitalik-buterin-among-several-high-profile-names-with-over-1-million-locked-in-bridges/
Bitcoin News
Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges – News Bytes Bitcoin News
Vitalik Buterin reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham.
The Central Bank of Mauritania (CBM) has partnered with Giesecke+Devrient (G+D) to develop and launch a digital version of the national currency. The Germany-based security technology firm is expected to assist the CBM in outlining the prerequisites for a national Central Bank Digital Currency (CBDC). Outlining Prerequisites for a Central Bank Digital Currency The Central […]
https://news.bitcoin.com/mauritania-central-bank-partners-with-gieseckedevrient-to-develop-a-national-cbdc/
https://news.bitcoin.com/mauritania-central-bank-partners-with-gieseckedevrient-to-develop-a-national-cbdc/
Bitcoin News
Mauritania Central Bank Partners With Giesecke+Devrient to Develop a National CBDC – Africa Bitcoin News
Giesecke+Devrient is expected to assist the CBM in outlining the prerequisites for a national Central Bank Digital Currency (CBDC).
Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other major economies in fixed broadband connectivity. Using Blockchain to Establish Transparent Networks Lakshman supports […]
https://news.bitcoin.com/developing-countries-need-decentralized-physical-infrastructure-networks-karam-lakshman/
https://news.bitcoin.com/developing-countries-need-decentralized-physical-infrastructure-networks-karam-lakshman/
Bitcoin News
Developing Countries Need Decentralized Physical Infrastructure Networks - Karam Lakshman – Interview Bitcoin News
Decentralized Physical Infrastructure Networks could be the solution for India which trails major economies in fixed broadband connectivity.
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]
https://news.bitcoin.com/post-halving-fallout-bitcoin-hashprice-slides-30-miners-earnings-hit/
https://news.bitcoin.com/post-halving-fallout-bitcoin-hashprice-slides-30-miners-earnings-hit/
Bitcoin News
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit – Mining Bitcoin News
Bitcoin miners now receive lower U.S. dollar revenue for their mined output compared to the first week before the halving.
Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied […]
https://news.bitcoin.com/exclusive-epic-satoshi-auction-launches-bids-already-double-to-2-btc/
https://news.bitcoin.com/exclusive-epic-satoshi-auction-launches-bids-already-double-to-2-btc/
Bitcoin News
Exclusive 'Epic Satoshi' Auction Launches, Bids Already Double to 2 BTC – Bitcoin News
As of 9:40 a.m. EDT on Tue., April 23, 2024, the satoshi from the fourth halving block has attracted ten bids in its ongoing auction.
Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […]
https://news.bitcoin.com/paypal-promotes-low-carbon-bitcoin-mining-with-new-research-paper/
https://news.bitcoin.com/paypal-promotes-low-carbon-bitcoin-mining-with-new-research-paper/
Bitcoin News
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper – Mining Bitcoin News
Paypal's research-backed initiative encourages bitcoin miners to utilize low-carbon energy sources by offering financial incentives.
The world’s largest asset manager with $10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places Ishares Bitcoin Trust (IBIT), which has amassed approximately 274K bitcoins since its launch, among the top 10 ETFs with the longest daily inflow streaks. IBIT: […]
https://news.bitcoin.com/blackrock-bitcoin-etf-sees-70-straight-days-of-inflows-holdings-near-274k-btc/
https://news.bitcoin.com/blackrock-bitcoin-etf-sees-70-straight-days-of-inflows-holdings-near-274k-btc/
Bitcoin News
Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC – Finance Bitcoin News
Blackrock, the world's largest asset manager, has seen 70 consecutive days of inflows into its spot bitcoin ETF.
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term trends. Fidelity Digital Assets Spotlights Bitcoin and Ethereum Market Shifts in New […]
https://news.bitcoin.com/fidelity-digital-assets-signals-report-revises-bitcoin-outlook-to-neutral/
https://news.bitcoin.com/fidelity-digital-assets-signals-report-revises-bitcoin-outlook-to-neutral/
Bitcoin News
Fidelity Digital Assets 'Signals' Report Revises Bitcoin Outlook to 'Neutral' – Market Updates Bitcoin News
The latest quarterly report from Fidelity Digital Assets Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024.
On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin smart contracts by minimizing reliance on intricate cryptographic techniques. However, Bitcoin developer Luke Dashjr has labeled the […]
https://news.bitcoin.com/controversy-swirls-around-bitcoins-bip-420-push-behind-opcode-isnt-in-good-faith-says-developer/
https://news.bitcoin.com/controversy-swirls-around-bitcoins-bip-420-push-behind-opcode-isnt-in-good-faith-says-developer/
Bitcoin News
Controversy Swirls Around Bitcoin's BIP-420: Push Behind Opcode 'Isn't in Good Faith,' Says Developer – Bitcoin News
Over the last day, the crypto community has been discussing a new Bitcoin Improvement Proposal (BIP) called BIP-420.
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate its adoption. Tether, nonetheless, stated it will uphold OFAC […]
https://news.bitcoin.com/venezuelan-state-oil-company-to-accelerate-usdt-adoption-for-settlements-tether-vows-to-uphold-ofac-sanctions/
https://news.bitcoin.com/venezuelan-state-oil-company-to-accelerate-usdt-adoption-for-settlements-tether-vows-to-uphold-ofac-sanctions/
Bitcoin News
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions – Bitcoin News
PDVSA, the state Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT to sidestep U.S. sanctions.
Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading representations” in its lawsuit against the cryptocurrency firm. Lead Attorneys in […]
https://news.bitcoin.com/sec-lawyers-resign-after-judge-sanctions-the-regulator-for-gross-abuse-of-power/
https://news.bitcoin.com/sec-lawyers-resign-after-judge-sanctions-the-regulator-for-gross-abuse-of-power/
Bitcoin News
SEC Lawyers Resign After Judge Sanctions the Regulator for 'Gross Abuse of Power' – Legal Bitcoin News
Two lead lawyers for SEC in the case against crypto firm Debt Box have resigned after the SEC was sanctioned for its "gross abuse of power."
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an […]
https://news.bitcoin.com/jack-dorseys-block-targets-chip-advancement-with-3nm-bitcoin-asic-mining-rig/
https://news.bitcoin.com/jack-dorseys-block-targets-chip-advancement-with-3nm-bitcoin-asic-mining-rig/
Bitcoin News
Jack Dorsey's Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig – Mining Bitcoin News
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is "building a mining rig."
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […]
https://news.bitcoin.com/ripple-asks-court-to-reject-secs-2-billion-penalty-request-in-xrp-case/
https://news.bitcoin.com/ripple-asks-court-to-reject-secs-2-billion-penalty-request-in-xrp-case/
Bitcoin News
Ripple Asks Court to Reject SEC's $2 Billion Penalty Request in XRP Case – Legal Bitcoin News
Ripple Labs has filed its opposition to the request by the SEC for the company to pay $2 billion in fines in the XRP case.
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes the bank should add bitcoin to its reserves. A Reform […]
https://news.bitcoin.com/bitcoiners-seek-constitutional-reform-to-allow-swiss-national-bank-to-purchase-bitcoin/
https://news.bitcoin.com/bitcoiners-seek-constitutional-reform-to-allow-swiss-national-bank-to-purchase-bitcoin/
Bitcoin News
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin – Bitcoin News
Yves Bennaïm a Swiss pro-Bitcoin citizen, launched an initiative to amend the constitution to allow the central bank to purchase bitcoin.
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments but was […]
https://news.bitcoin.com/cosmos-developers-patch-critical-flaw-in-ibc-protocol-safeguarding-126-million-in-assets/
https://news.bitcoin.com/cosmos-developers-patch-critical-flaw-in-ibc-protocol-safeguarding-126-million-in-assets/
Bitcoin News
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets – News Bytes Bitcoin News
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol.
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose […]
https://news.bitcoin.com/philippines-securities-regulator-requests-apple-and-google-to-remove-binance-apps/
https://news.bitcoin.com/philippines-securities-regulator-requests-apple-and-google-to-remove-binance-apps/
Bitcoin News
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps – Regulation Bitcoin News
The SEC said the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities.
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