The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network has undergone its anticipated reward-halving event. […] Source: https://news.bitcoin.com/bitcoin-cash-undergoes-halving-event-sets-stage-for-may-upgrade/
Over the last year, Bitcoin Ordinals have taken the digital collectible world by storm, and they’ve now garnered the attention of financial titan Franklin Templeton. The digital assets division of the global investment firm today featured the rise of Ordinal inscriptions in a new prospectus. “In the past year, Bitcoin innovation and development has seen a renaissance in activity,” Franklin…
The Bank for International Settlements (BIS), known as the central bank for central banks, has unveiled Project Agorá, an initiative aimed at delving deeper into blockchain technology to enhance the monetary system. Hyun Song Shin, BIS Economic Adviser and Head of Research highlighted the potential of tokenization, stating, “Tokenization combines the record-keeping function of a traditional database with the rules…
Cathie Wood, CEO of ARK Invest, suggests that Bitcoin’s meteoric rise in price this year is not solely attributed to the introduction of Bitcoin ETFs. Instead, Wood argues that Bitcoin is gaining traction as a “flight to safety” amidst concerns about depreciating fiat currencies. In an interview with CNBC shared on April 3, Wood emphasized that Bitcoin serves as both…
Amid the ongoing crypto bull market, the top crypto exchange insurance funds have seen a remarkable surge in value, exceeding $1 billion. As of April 3, Binance’s Secure Asset Fund for Users (SAFU), comprising Bitcoin, BNB, Tether, and TrueUSD (TUSD) balances, has surpassed $2.03 billion, soaring from its initial balance of $1 billion in January 2022. Similarly, Bitget’s protection fund,…
The Bank of England (BoE) and the Financial Conduct Authority (FCA) are eyeing autumn 2024 for the debut cohort of participants in the UK Digital Securities Sandbox (DSS), designed to facilitate the adoption of digital assets within financial markets. Presently, the central bank and regulatory body are seeking feedback on their proposed operational framework for the DSS, with plans to…
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds. […] Source: https://news.bitcoin.com/etf-analyst-comments-on-arkb-outflows-a-reality-check-for-cryptos-hodler-class/
The stablecoin supply within the layer-1 blockchain network Solana has experienced a steady rise since the start of the year, surpassing the $3 billion milestone in recent days. Data sourced from the blockchain analytics platform Artemis reveals a 55.72% increase in stablecoin supply over the last three months, now totaling $3.12 billion on the network. While this figure is notably…
Coinbase has joined the ranks of prominent cryptocurrency trading platforms like Binance by integrating the Bitcoin Lightning Network, fulfilling promises made by CEO Brian Armstrong. In a statement released on April 3rd, Lightspark, a lightning network-based payment infrastructure provider, announced its selection by Coinbase to facilitate the integration of the Bitcoin Lightning Network. Through this partnership, Coinbase will utilize Lightspark’s…
Bitcoin Miner is one of the most compelling mobile games we’ve played that pays out actual Bitcoin along the way. Unlike BTC-infused riffs on solitaire, sudoku, and other classic games, it does so in a colorful, recursive game about mining fake cryptocurrency. It’s a slam dunk for crypto enthusiasts, even though—as with all of these games—the actual amount of Bitcoin…
