Much of the recent Bitcoin volatility is a sign that traders are second-guessing whether they’ve priced in the upcoming halving—and it’s entirely normal, Beam CEO Andy Bromberg told Decrypt. “What happens is people in the months before the having, the narrative about the price going up tends to pull things,” he said. “And then right before the halving, everyone has this…
Month: March 2024
SLERF and LBank Complete First Refund of 3,800 SOL to Presale Supporters
PRESS RELEASE. In a significant move demonstrating the power of Presale support and blockchain transparency, SLERF, in collaboration with LBank, has successfully issued a refund totaling 3,800 SOL to its early, small-scale fundraisers. This achievement was made possible through the swift action of the community, which raised nearly 4,000 SOL in just 24 hours to […] Source: https://news.bitcoin.com/slerf-and-lbank-complete-first-refund-of-3800-sol-to-presale-supporters/
Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development
On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless Ventures, Geometry, and ZK Validator, among others. Succinct Labs Nets $55M […] Source: https://news.bitcoin.com/succinct-labs-raises-55m-to-propel-zero-knowledge-proofs-into-mainstream-development/
DOJ and US States Take on Apple in Major Antitrust Suit Over App Store Monopoly
The United States Department of Justice (DOJ), joined by 16 state attorney generals, filed an antitrust lawsuit against tech giant Apple, claiming its app store rules create a monopoly that hampers competition and stifles innovation. The lawsuit argues that practices such as forcing developers to use Apple’s payment system and restricting them through various rules […] Source: https://news.bitcoin.com/doj-and-us-states-take-on-apple-in-major-antitrust-suit-over-app-store-monopoly/
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […] Source: https://news.bitcoin.com/crypto-exchange-okx-shuts-down-services-in-india-due-to-regulations-advises-users-to-withdraw-all-funds/
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents. Peter Schiff’s Warning Prompts Self-Custody Push Gold advocate and economist Peter Schiff has highlighted a problem with owning spot bitcoin […] Source: https://news.bitcoin.com/peter-schiff-highlights-problem-with-owning-bitcoin-etf-btc-investors-respond-self-custody-is-key/
Bitcoin Creator Satoshi Now Holds the Ultimate Runestone Ordinal—Here’s Why
The creators of a popular Bitcoin Ordinals project called Runestone sent the original “parent” inscription—which they valued at 8 BTC, around $525,000 worth—to a wallet purported to belong to mythic Bitcoin creator Satoshi Nakamoto on Wednesday. The Runestone—Ordinals inscription 63,026,232, the largest inscription mined to date at around 4MB—was sent to the Satoshi wallet by project contributor and pseudonymous NFT…
OKX Reveals Crypto Gaming Launchpad With Ethereum Scaler Immutable
Cryptocurrency exchange OKX and Ethereum gaming platform Immutable announced a strategic alliance on Thursday to unveil a dedicated GameFi launchpad on OKX’s NFT marketplace, alongside other collaborative integrations. In addition to the launchpad, which will be used (at least in part) to roll out assets tied to games launching on the Immutable zkEVM network, OKX will also support Immutable zkEVM…
Rich Dad Poor Dad Author Robert Kiyosaki Advises Buying as Much Bitcoin as You Can Afford
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy as many bitcoins as they can afford, noting that China is in trouble and this is not the time to buy stocks and bonds. “This is the time to buy real gold, real silver, and as many bitcoin as you can afford,” he […] Source: https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-advises-buying-as-much-bitcoin-as-you-can-afford/
Ethereum Game on Blast Suffers $4.6 Million Hack—Was It a White Hat Rescue?
The team behind a Telegram-based game said Thursday that it is working with an apparent white hat hacker to return funds to users after $4.6 million worth of tokens was stolen due to an exploit. The hacker hit the newly launched game Super Sushi Samurai, which minted its tokens on Ethereum scaling network Blast. The price of its native token, SSS,…