Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would be incarcerated. Argentine President Javier Milei Aims to Establish Seigniorage […] Source: https://news.bitcoin.com/argentine-president-javier-milei-seeks-to-penalize-central-bank-money-issuance/
Bitcoin ETF mania is in full effect, and the biggest player in the game continues to break records: BlackRock just notched its best day of trading yet. Over $1.3 billion in shares of the newly approved Bitcoin ETF traded on Monday, data from the Nasdaq shows. That tops its previous record of just over $1 billion in trading volume when…
Orangie Plays ‘Dookey Dash: Unclogged,’ the Bored Ape Game With Over $1 Million in Prizes Rug Radio creator Orangie shares a first look at an early version of Dookey Dash: Unclogged, the new free-to-play version of 2023’s crypto gaming sensation. Yuga Labs is releasing the new version of the game this spring with over $1 million in prizes up for…
On Monday, Google’s AI venture DeepMind showcased a live demo of Genie, a generative AI model that can create playable games from a simple prompt after learning game mechanics from hundreds of thousands of gameplay videos. Developed in a collaboration between Google and the University of British Columbia, Genie—short for Generative Interactive Environments—can create side-scrolling 2D platformer games based on…
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted by the hacking. Kyberswap Hacker Starts Moving Funds Peckshield Alert, a […] Source: https://news.bitcoin.com/kyberswap-hack-blockchain-security-firm-reports-movement-of-800-eth-from-exploiters-address/
Outflows from the Grayscale Bitcoin Trust (GBTC) have cooled off again after a brief spike in sales last week, reaching new lows since the fund officially converted into an ETF in January. On Friday, U.S. Bitcoin spot ETFs saw $232.2 million of net inflows, which included $44.2 million of outflows from GBTC. This followed a day of only $55.7 million…
The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against […] Source: https://news.bitcoin.com/bitcoin-breaks-54000-barrier-for-first-time-since-2021-eyes-historic-highs-ahead-of-halving-event/
The inflows have kept coming—albeit not at the eye-popping pace of the previous week. While there has been a slowdown from the record $2.45 billion logged earlier this month, a substantial sum of cash was again plugged into crypto funds last week, explains a new report. Digital asset manager CoinShares said Monday that $598 million hit funds giving investors exposure…
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the […] Source: https://news.bitcoin.com/potential-reprieve-for-bitcoin-miners-with-upcoming-difficulty-adjustment-following-record-hike/
BitForex, a cryptocurrency exchange headquartered in Hong Kong, has abruptly ceased all operations, leaving customers confused and apparently unable to access their funds as they wonder whether an exit scam has taken place. Before closing up shop, BitForex’s hot wallets recorded significant digital currency outflows amounting to approximately $56.5 million on February 23, as detected by pseudonymous on-chain investigator ZachXBT.…
