Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network. Justin Sun’s Outlines Vision to Merge Tron and Bitcoin Networks […] Source: https://news.bitcoin.com/justin-sun-unveils-tron-based-bitcoin-layer-two-roadmap/
Month: February 2024
Claude AI Chatbot Declared Off Limits to Political Candidates
If Joe Biden wants a smart and folksy AI chatbot to answer questions for him, his campaign team won’t be able to use Claude, the ChatGPT competitor from Anthropic, the company announced today. “We don’t allow candidates to use Claude to build chatbots that can pretend to be them, and we don’t allow anyone to use Claude for targeted political…
NFT Insider Trading? Moonbirds Sales Spiked Before Yuga Deal Was Official
Prices and trading volume for Ethereum NFT collection Moonbirds rose sharply Friday afternoon, following the announcement that Bored Ape Yacht Club maker Yuga Labs had acquired the IP for the collection alongside creator Proof. But sizable spikes in the last couple days have fueled speculation of insider trading ahead of the reveal. According to data from blockchain analytics platform CryptoSlam,…
Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by the San Francisco-headquartered firm is valued at just above $52 billion. Coinbase Outshines […] Source: https://news.bitcoin.com/coinbase-vaults-beyond-1-million-bitcoin-mark-stash-valued-over-52-billion/
$1.6 Billion Grayscale Sell-Off Ahead—What Does That Mean for Bitcoin?
The price of Bitcoin surged this week, touching highs not seen since the 2021 bull run. But will it last? News has dropped that a U.S. bankruptcy judge granted bankrupt crypto lender Genesis permission to sell $1.6 billion in Grayscale Bitcoin Trust (GBTC) shares. The idea is to pay back creditors waiting on their cash since the lender went bust. …
How Arbitrum Won Over ApeCoin DAO—And Why Yuga Labs Is All for the ‘ApeChain’
Nearly two years after Bored Ape Yacht Club creator Yuga Labs made the very public suggestion that the ApeCoin DAO—the community of holders that governs the token—should consider launching its own chain to avoid Ethereum mainnet fees and hiccups, the so-called “ApeChain” is finally coming. And it’ll run on Arbitrum tech. On Wednesday, ApeCoin DAO voters picked the Ethereum layer-2…
How Arbitrum Won the ‘ApeChain’ Vote for an ApeCoin Ethereum Layer-2
How Arbitrum Won the ‘ApeChain’ Vote for an ApeCoin Ethereum Layer-2 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-layer-2
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, […] Source: https://news.bitcoin.com/14m-capital-infusion-catapults-ethena-labs-valuation-stablecoin-ranks-9th-largest/
Bored Ape Creator Yuga Labs Acquires Moonbirds NFT Startup Proof
Bored Ape Yacht Club creator Yuga Labs has acquired Proof, the NFT startup behind the Moonbirds collection and the Proof Collective membership program, the company announced Friday. According to Yuga Labs, the company has completely acquired Proof and all of its properties, including Moonbirds, Oddities, Mythics, and Grails. Yuga will add the Proof team into its staff, and integrate the…
Craig Wright Liked Karate So He Must Have Invented Bitcoin, Sister Testifies
The man who would have the world believe he was pseudonymous Bitcoin inventor Satoshi Nakamoto, litigious computer programmer Craig Wright, brought personal witnesses to trial on Friday to help back his claim. The lineup included three people: Wright’s patent lawyer, his ex-co-worker, and his younger sister. “He would dress up in full swords and do the movement,” his sibling, Danielle…