Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond immediate price action and ignoring divisive bull/bear narratives. The latest…
Month: April 2022
The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined – Technology Bitcoin News
Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some degree. OP_Return Transaction Domination Slows Significantly Alleviating Bitcoin Network Fees Bitcoin transfer…
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
Bitcoin Fixes Illegal Gold Mining In The Amazon
Puerto Maldonado in Peru’s Madre de Dios province feels like a frontier town. Dusty streets, ramshackle buildings, new construction and the hustle and bustle of people who want to make it. Tourists are bussed through the town to the many ecotourism companies that bring people from all over the world to experience the Amazon. Puerto Maldonado is perched on the…
Leading NFT Marketplace OpenSea Now Accepting ApeCoin
In the buildup to today’s Otherside metaverse drop by Bored Ape Yacht Club creators Yuga Labs, top NFT marketplace OpenSea has announced it’s now accepting ApeCoin. This comes just days after APE became the largest metaverse token by market cap. ApeCoin, as of this writing, was up 1.3% over the last 24 hours and more than 33% over the last week,…
Brazilian Senate Approves Cryptocurrency Law Project – Regulation Bitcoin News
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair Bolsonaro to be approved as law. The project presented is the result of the fusion of several law projects dealing with crypto. Brazilian Senate…
Why Ethereum Mergers Love Lido
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Ethereum core developer Tim Beiko took to Twitter on April 12 to announce that the number two crypto network had entered the “final chapter of [proof-of-work].” If you’re not already up to date on this event, called “the merge,” here’s the scoop: Ethereum is transitioning to a different consensus mechanism called proof…
FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low – Market Updates Bitcoin News
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as bearish pressure continued to send prices deep into…
These are the BTC price levels to watch as Bitcoin risks worst April on record
Bitcoin (BTC) sits at a historically important price point for hodlers, but where could it be headed in the coming days? As the monthly close looms and various countries prepare for the May holidays, traders are mapping out the options — with some surprises. $35,000 becomes key focus While Bitcoin market commentators rarely agree on much, one thing is more…
Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption
We have all been there. You see something, hear something, or feel something, and want to share that feeling or observation with someone else. Do you pick up the phone? Send over a text? Record a voice note? Humans thrive in our shared experiences: a captivating concert, the winning goal of a sports match, waking up to watch the sunrise.…