Month: April 2024

Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service. Worldcoin Faces Over $1 Million […] Source: https://news.bitcoin.com/worldcoin-faces-over-1-million-in-fines-in-buenos-aires-for-legal-violations/

Adidas and the crypto fitness app Stepn have joined forces, marking the beginning of a collaboration set to encompass both NFTs and physical merchandise. The partnership’s inaugural offering will be an NFT collection, with plans for tangible products in the pipeline, as per Stepn’s announcement. The collaboration will commence with the Stepn x Adidas Genesis Sneakers collection, featuring 1,000 NFTs…

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EigenLayer recently unveiled its presence on the Ethereum mainnet, marking a significant development in the Ethereum ecosystem. One of the primary avenues to participate in EigenLayer involves contributing to the security of Ethereum and amplifying interest in staking activities. Staking on Ethereum has gained considerable momentum, particularly with the surge in popularity of restaking methods, as discussed in recent discussions.…

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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 Fungible Bitcoin tokens, released under the BRC-20 standard, are taking a beating five days before the Bitcoin halving and the concurrent launch of the Runes protocol.…

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Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion Pulled From LSD Platforms In the initial two weeks of April, a notable reduction of 380,000 ether was observed in the […] Source: https://news.bitcoin.com/liquid-staking-derivatives-lose-ground-with-over-380000-eth-withdrawn-in-april/

Following a volatile weekend, both Bitcoin and altcoins continue to face downward pressure, with Bitcoin retreating to the $64,000 level after an initial bounce on Monday. Ether Struggles to Maintain Momentum Ether (ETH), the second-largest cryptocurrency, hovers just above the $3,100 mark, showing signs of struggle in retaining gains made since the market’s panicky selloff on Saturday. Despite being up…

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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 It’s not long before Bitcoin’s next halving takes place—five days, according to our Bitcoin halving countdown tool. Unless you’ve been following Bitcoin closely since its early…

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MicroStrategy (NASDAQ:MSTR), valued at $25 billion by market cap, specializes in enterprise analytics and mobility software solutions. Despite its software-focused core, the company has made significant investments in Bitcoin (BTCUSD) over the past four years under the guidance of Executive Chairman Michael Saylor. Saylor initiated MicroStrategy’s Bitcoin investment journey in 2020 with a purchase of $250 million worth of Bitcoin,…

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Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would allow tokenizing bonds, stock, funds, or reward points. Tether Announces Release of […] Source: https://news.bitcoin.com/tether-announces-upcoming-release-of-multi-chain-tokenization-platform/

The United Kingdom is gearing up to introduce fresh legislation on crypto staking and stablecoins by July this year, as announced by Economic Secretary Bim Afolami during the Innovate Finance Global Summit in London on Monday. UK Stablecoin And Crypto Staking Legislation  Afolami stated that they are currently working diligently to finalize the legislation required to implement their regulatory regime.…

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