Connected fashion brand 9dcc, which already launched premium t-shirts and baseball caps paired with Ethereum NFTs that enable on-chain benefits, has unveiled its first full luxury fashion line. The 9dcc Collection 01 is set to debut this week in France. Previewing at NFT Paris and then Paris Fashion Week in the coming days, 9dcc Collection 01 spans more than 60…
Month: February 2024
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce […] Source: https://news.bitcoin.com/coinbase-commerce-ditches-support-for-bitcoin-payments-using-self-custody-wallets/
Starknet Activity Falls Sharply Following Ethereum Airdrop Hype
After Starknet saw a surging number of active wallet addresses around last week’s airdrop announcement, the number has fallen substantially in recent days as the actual drop approaches. The Starknet airdrop dominated the headlines last week, both for the ample size of the drop but also the frustration some community members felt once the finer details were revealed. Starknet is…
Technical Analysis Basics: A Beginner’s Guide to Bollinger Bands and Bitcoin
There’s no exact science to reading markets. But that hasn’t made technical analysis any less popular among crypto traders looking for the next obscure indicator that will lead their portfolio to glory. Technical analysis has, technically, been around for centuries. Its roots can be traced back all the way to the 17th century during the Dutch Golden Age, when traders…
Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space. Record $2.45 Billion Inflows […] Source: https://news.bitcoin.com/crypto-funds-see-record-2-45-billion-global-inflows-in-a-single-week-coinshares/
Gaming Tokens Ride Bitcoin, Ethereum Boom to All-Time High Prices
Crypto tokens tied to prominent blockchain games—and the networks that support them—are broadly surging amid the Bitcoin and Ethereum boom, with a number of tokens launched within the last year rising to new all-time high prices over the past day. The tokens tied to gaming networks Xai (XAI) and Beam (BEAM) are among those that reached new peak prices, according…
Honduras Bans Crypto in Banking, Bucking Regional Bitcoin Trends
Banks in the Republic of Honduras are forbidden from engaging in cryptocurrency transactions, according to a decree from the Honduras National Banking and Securities Commission (CNBS)—a move that places the country at odds with the growing trend of cryptocurrency acceptance in Latin America and beyond. A CNBS circular, issued last week and signed by CNBS president Marcio Giovanny Sierra Discua,…
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including long confirmation times, lack of payment amount enforcement, high fees, and insufficient Lightning […] Source: https://news.bitcoin.com/taproot-wizards-reveal-bitcoins-onchain-payment-struggles-during-15m-sale/
How Arbitrum Won the ‘ApeChain’ Vote for an ApeCoin Ethereum Scaler
How Arbitrum Won the ‘ApeChain’ Vote for an ApeCoin Ethereum Scaler Offchain Labs co-founder and CEO Steven Goldfeder joined Rug Radio’s “FOMO Hour” to discuss the ApeCoin DAO’s vote to create an Ethereum layer-2 gaming network on Arbitrum for the Bored Ape Yacht Club ecosystem. Source: https://decrypt.co/videos/interviews/QnxP7O5A/how-arbitrum-won-the-apechain-vote-for-an-apecoin-ethereum-scaler
Non-KYC Crypto Exchange FixedFloat Hacked for $26M in Bitcoin, Ethereum
FixedFloat—a cryptocurrency exchange that operates without “know your customer” (KYC) anti-money laundering (AML) measures—was hacked earlier this month, resulting in the loss of more than 400 Bitcoin and over 1,700 Ethereum, worth about $26 million. Blockchain security firm BlockFence identified the Bitcoin address used in the theft, and on-chain data from a linked Ethereum address revealed multiple high-value transactions to…