In recent years, the meteoric rise and the catastrophic fall of FTX have captured the attention of many people worldwide and created some urgent questions about the stability and regulation of the cryptocurrency industry. Central to that whole saga was Sam Bankman-Fried, the founder of FTX, whose actions and subsequent legal entanglements have had profound implications for the market. Who…
Month: April 2024
Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services
On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to “serve the next generation of bitcoiners.” Ordinals Explorer Ord.io Receives $2M Boost In 2024, a significant number of startups connected to the […] Source: https://news.bitcoin.com/ordinals-explorer-ord-io-nets-2m-in-pre-seed-round-to-pioneer-next-gen-bitcoin-services/
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market grappling with uncertainty, reflected in an intraday trading range between $61,773 and $64,414 over the last […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-key-indicators-signal-bearish-outlook/
Bitcoin Staking is Now Possible With the Core Chain
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin-powered layer-one blockchain Core Chain is now letting investors stake their BTC—something that, historically, BTC holders haven’t been able to do. Staking tokens reward users with…
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […] Source: https://news.bitcoin.com/study-three-quarters-of-defis-total-value-locked-earn-5-apy-in-low-risk-contracts/
TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
PRESS RELEASE. Geneva, Switzerland, April 17, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd of attendees featuring a variety of students, thought leaders, and blockchain […] Source: https://news.bitcoin.com/tron-dao-at-harvard-blockchain-conference-and-new-tron-builder-tour-stop/
BlackRock’s IBIT ETF on Track to Flip GBTC After Bitcoin Halving: Bloomberg Analyst
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports BlackRock’s iShares Bitcoin Trust (IBIT) is on track to flip the Grayscale Bitcoin Trust (GBTC) before the end of the month, according to analysts. “GBTC currently…
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls Under the ASIC Regulatory Oversight Joe Longo, chairman of the Australian […] Source: https://news.bitcoin.com/australian-regulator-says-crypto-is-a-debenture-that-requires-regulation/
More Than 250 Zambian Students Attend Hackathon; Over 100 Earn Smart Contract Development Certification
More than 250 Zambian university students recently participated in an online boot camp and hackathon which saw over 100 earning certification in smart contract development. The students who complete their minimum viable products (MVPs) can apply for grants ranging from $1,000 to $25,000. Students Trained in Decentralized Application Development More than 250 students from St. […] Source: https://news.bitcoin.com/more-than-250-zambian-students-attend-hackathon-over-100-earn-smart-contract-development-certification/
Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining
According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 […] Source: https://news.bitcoin.com/bitmain-sets-release-for-l9-miner-promising-unchallenged-efficiency-in-scrypt-mining/