Bitcoin and Ethereum have shown some volatility in the past 24 hours, both trading 1% lower than they were this time yesterday. The Bitcoin price has been hovering around $70,000 after looking like it might rise above $71,000 yesterday evening. It’s now 0.9% lower than it was this time Thursday. Ethereum has also seen its own dip, currently trading at…
Sovryn’s and BOB are offering early users a piece of the new Bitcoin economy. With the Bitcoin Halving less than a month from now, Bitcoin will get two significant technological additions: Rollups, which will allow an increase in user adoption, lower fees, and smart contract capabilities, and native Bitcoin tokens called Runes. These two additions […] Source: https://news.bitcoin.com/on-the-halving-bitcoin-is-getting-new-technologies-rollups-and-tokens-sovryns-new-initiative-is-how-to-get-in-early/
According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.” Da Ros suggests that this culture, combined with the […] Source: https://news.bitcoin.com/trust-in-authority-sustains-popularity-of-centralized-exchanges-in-latin-america-says-ricardo-da-ros/
Google has enhanced its search engine to allow users to check their cryptocurrency wallet balances directly by entering the wallet’s address, supporting various blockchain networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. This feature not only shows the native token balance of a wallet for each supported network but also indicates the last time […] Source: https://news.bitcoin.com/google-introduces-cryptocurrency-wallet-balance-check-via-search-engine/
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade to the Ethereum network has helped […] Source: https://news.bitcoin.com/developing-several-layer-2-solutions-the-real-solution-to-ethereums-scalability-issue-says-ken-timsit/
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included the participation of 38 institutions, including central banks and […] Source: https://news.bitcoin.com/swift-plans-to-launch-cbdc-interconnection-system-in-next-two-years/
Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the previous peak in May 2021. The increase in open interest and trading activity is […] Source: https://news.bitcoin.com/bitcoin-cash-trading-escalates-as-second-halving-event-nears/
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “top-tier talent” to help them establish a new division dedicated to these developments. Tether Turns to AI, Opens Recruitment […] Source: https://news.bitcoin.com/tether-formally-announces-a-shift-towards-open-source-ai/
The world of esports remains an ever-growing industry, where competitive gaming takes center stage. Gaimin Gladiators ( www.gaimingladiators.gg ), GAIMIN’s (www.gaimin.io) esports team, is making waves with a game-changing move, this time beyond the arena. We are introducing on 2nd April 2024 the first version of The Colosseum, our very own Web3 fan loyalty membership […] Source: https://news.bitcoin.com/the-colosseum-gaimins-web3-membership-program-for-esports-fans/
Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereum coins by gaining access to the Munchables lock contract. Distribution of Blast Rewards Set to […] Source: https://news.bitcoin.com/62-million-munchables-hack-rogue-developer-returns-all-funds-no-ransom-demanded/
