Month: April 2024

According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such standardization helps to improve communication between systems. Unlocking the Full Potential of Blockchain Data Yushkevich stated […] Source: https://news.bitcoin.com/standardization-of-blockchain-data-format-enhances-interoperability-between-chains-nick-yushkevich/

Starting in April 2024, it will now be possible to sell cryptocurrency in the Changelly mobile app via our partner MoonPay. Below, you will find a step-by-step guide on how to use this new feature. Step 1. Initiate the Transaction Selling crypto in the Changelly app is as easy as buying or swapping it. To begin, tap the middle button…

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PRESS RELEASE. Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite of financial tools for economic freedom. […] Source: https://news.bitcoin.com/byte-federal-launches-point-of-sale-system-for-merchants-seeking-to-accept-bitcoin/

We Do A Little With Postwook In this week’s episode, we sit down with Natasha Chomko aka Postwook. Postwook is a Los Angeles based digital artist focused on cooking up some of the most visually pleasing and nostalgia provoking surreal landscape collage art. We dive into Postwook’s origin story, training like an athlete as an artist, diversifying income streams, beating…

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We Do A Little With Spencer Gordon-Sand In this week’s episode, we sit down with Spencer Gordon Sand, the mastermind behind Spencer Ventures. Before launching Spencer Ventures, Spencer was a competitive fencer, Magic the gathering player, and startup enjoyooor. We dive into Spencer’s investment thesis behind NFTs and how his fund invests, finding and buying distressed assets in a bear…

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Ark Invest 21shares’s spot Bitcoin ETF, ARKB, saw its net daily outflows hit $87.5 million on April 2, overtaking those of Grayscale’s GBTC for the first time. Per estimated data from Farside Investments, GBTC’s net outflows for the same period totalled $81.9 million. Cumulatively, Bitcoin ETFs saw net inflows of $40.3 million for the day, reversing the previous day’s negative…

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PRESS RELEASE. HanChain (HAN) went live on MEXC, a top 10 global cryptocurrency exchange, at 5:00 AM UTC on April 3, 2024. In addition to the listing, the HanChain project also launched its mobile staking version, coinciding with LBANK’s Grid Trading Competition and Flexible Staking Service. HanChain is a dual cryptocurrency project designed for real-life […] Source: https://news.bitcoin.com/hanchain-han-goes-live-on-top-10-crypto-exchange-mexc/

Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization requirements. Meeting Dubai’s Localization Requirements Deribit FZE, a wholly owned entity of the crypto […] Source: https://news.bitcoin.com/deribits-dubai-unit-receives-conditional-virtual-asset-service-provider-license/

The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests setting the loan-to-value (LTV) ratio for DAI to 0% across all Aave […] Source: https://news.bitcoin.com/aave-proposal-aims-to-safeguard-against-dais-rapid-market-cap-increase/

Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively or retrospectively interpret them. Complex Filing Process Clinton Donnelly, CEO of Crypto […] Source: https://news.bitcoin.com/fear-of-retrospective-irs-regulation-changes-discourages-filing-says-crypto-tax-expert/