Month: April 2024

Pavel Durov, the founder of Telegram, has proposed creating crypto-inspired hardware to enhance secure communication and protect privacy, a vision spurred by his unsettling experiences with governments, including attempts by the FBI to interrogate him and coerce a Telegram engineer into embedding backdoors in the app. These experiences have led Durov to explore technological solutions […] Source: https://news.bitcoin.com/telegrams-founder-advocates-for-crypto-inspired-hardware-to-boost-secure-communications/

Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations, comprises 1,000 NFTs inspired by Adidas’ “most iconic” running silhouettes and cobranded by the two companies. Stepn Teams With Adidas to Issue Co-Branded […] Source: https://news.bitcoin.com/stepn-partners-with-adidas-to-issue-genesis-sneakers-nfts/

In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea. The increase in Korean won-denominated trades has been […] Source: https://news.bitcoin.com/south-korean-won-overtakes-us-dollar-as-top-currency-in-global-crypto-trading-for-q1-2024/

BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would rely on the possibility of smart contracts managing these assets programmatically. BIS Boss Highlights […] Source: https://news.bitcoin.com/bis-boss-coins-finternet-term-touts-tokenization-as-tool-for-solving-todays-financial-system-shortcomings/

Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data centers hosting cryptocurrency mining operations, as it is an unwanted business in the country. Norway to […] Source: https://news.bitcoin.com/norway-to-target-cryptocurrency-mining-through-data-center-regulation/

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 A trio of leading AI-related crypto tokens are set to merge following a successful community vote, as the Artificial Superintelligence Alliance announced the approval of the…

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Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […] Source: https://news.bitcoin.com/peter-schiff-explains-why-golds-price-is-rising-warns-bitcoin-is-a-gigantic-bubble/

Exchanging Bitcoin for Runes via a command-line interface? For some, setting up a Bitcoin node—which validates transactions and keeps a record of network activity—that is capable of doing just that evokes a sense of confusion or dread. For others, it’s a technical endeavor that could come in handy soon when Runes, a protocol for Bitcoin-based fungible tokens (such as meme…

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PRESS RELEASE. San Francisco, April 16th: Cove, the first onchain portfolio manager that eliminates loss-versus-rebalancing, has announced a strategic partnership with Bazaar, the decentralized and chain-agnostic launchpad. This collaboration is set to revolutionize the way Cove engages with its community by offering a fair and accessible opportunity to participate in the $COVE token launch. $COVE […] Source: https://news.bitcoin.com/cove-partners-with-bazaar-for-pioneering-cove-token-auction-to-decentralize-and-bootstrap-protocol-liquidity/

The Xai Foundation, which supports the Xai layer-3 gaming network built with Arbitrum scaling tech on Ethereum, has announced the launch of a new staking pool system designed to reward user involvement in the ecosystem. The Xai staking pools allow XAI token holders in eligible regions to stake their tokens in a pool, thus earning rewards for their participation. The…

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