PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns offer participants the opportunity to engage with the CAGA network, earn rewards, and influence the future of […] Source: https://news.bitcoin.com/caga-crypto-keeps-doors-open-to-three-ongoing-airdrop-campaigns-with-generous-rewards/
Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The following opinion editorial was written by Da Hongfei, a prominent […] Source: https://news.bitcoin.com/as-the-blockchain-industry-loses-billions-annually-to-mev-the-solution-is-staring-us-in-the-face-neo-founder-da-hongfei/
Bitcoin has maintained the $50,000 foothold it reached yesterday—meaning only a tiny number of BTC holders are still sitting on unrealized losses for their investments, according to blockchain analytics firm IntotheBlock. The company now estimates that 94% of investors are in the money, meaning they’ve got an unrealized gain on their Bitcoin holdings. Another 6% have seen BTC return to…
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by climate change advocates. Ethiopia Set to Become the Preferred Destination for Chinese Bitcoin Miners Ethiopia’s state power company has entered into […] Source: https://news.bitcoin.com/ethiopias-affordable-hydropower-and-adoption-of-crypto-mining-attracts-chinese-bitcoin-miners/
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines held over five times more stablecoins than the rest of Latam, […] Source: https://news.bitcoin.com/bitso-reveals-latam-is-bitcoin-territory-with-a-stablecoin-frenzy-in-argentina/
In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management (AUM) since the early days of 2022. Coinshares Report Shows […] Source: https://news.bitcoin.com/report-spot-bitcoin-etfs-lead-crypto-investment-surge-with-record-inflows/
The Oasys blockchain, backed by big-name gaming firms Ubisoft and Sega, saw its OAS token hit an all time high late Monday, leaping 22% to $0.1414 after it announced a partnership with Korean game developer Com2uS. Image: CoinGecko Oasys—not to be confused with Oasis—is a combination of a layer-1 blockchain and an Ethereum-compatible, Optimistic rollup-based layer-2 scaling solution. Individual games…
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased by 46%, relying on the Internet and cryptocurrency as tools for promoting and carrying […] Source: https://news.bitcoin.com/bank-of-russia-detected-over-5700-pyramid-schemes-in-2023/
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized exchanges’ (DEX) liquidity providers (LPs) with at least $50 million in assets. […] Source: https://news.bitcoin.com/secs-revised-dealer-definition-sparks-concerns-over-impact-on-crypto-innovation/
U.S. prosecutors have postponed the sentencing of Changpeng “CZ” Zhao, the founder of the Binance cryptocurrency exchange, to April 30, CNBC reported late Monday. The former head of the largest cryptocurrency exchange by volume, Zhao was charged with money laundering and sanctions violations by the U.S. Department of Justice in November following a years-long investigation. Binance was ordered to pay…
