The next trillion-dollar DePIN giant will be akin to Amazon’s AWS, driven by a demand for decentralized connectivity solutions. Source: https://cointelegraph.com/news/next-trillion-dollar-company-depin-uplink-ceo
Month: May 2024
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education Ministry and Financial Intelligence Unit Favor Maintaining Ban South Korean universities are reportedly unable to convert cryptocurrency […] Source: https://news.bitcoin.com/south-korean-universities-face-banking-hurdles-in-converting-crypto-donations-to-cash/
Notcoin Jumps 35% as NOT Sets New All-Time High
What’s NOT to love? Notcoin, the play-to-earn Telegram cryptocurrency game, saw its token set a new all-time high of $0.01244 early Thursday morning. It’s already retreated slightly, but the current Notcoin price of $0.01199 means it’s comfortably 35% higher than it was this time yesterday and 129% higher than it was this time last week. Over the past day, NOT…
Bitcoin.com to Launch Web3 Debit Card “V-Card”
Bitcoin.com is excited to announce the forthcoming launch of V-Card, which will enable anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist is live now at verse.bitcoin.com/card where you can sign up for the chance to win a free V-Card. V-Card: Transforming Crypto Spending V-Card is a prepaid debit card […] Source: https://news.bitcoin.com/bitcoin-com-to-launch-web3-debit-card-v-card/
Bitcoin-Based DOG Token Climbs to 9th Largest Meme Coin, Sees 216% Rise in 30 Days
A meme token named DOG•GO•TO•THE•MOON, created by Leonidas, the founder of Ord.io, has reached a new peak and is now the ninth-largest meme coin by market capitalization. At the time of writing, the token’s market value stood at $695 million. The Top 10 Meme Coins Now Have Bitcoin-Centric Member A new meme coin has entered […] Source: https://news.bitcoin.com/bitcoin-based-dog-token-climbs-to-9th-largest-meme-coin-sees-216-rise-in-30-days/
Are ZK-proofs the key to Europe’s new digital ID regulations?
According to Dr. Jonas Gross, CEO of Hakata, zero-knowledge proofs (ZKPs) could be the key to enhancing privacy and security in the EU’s groundbreaking digital identity and wallet regulation. Source: https://cointelegraph.com/news/zero-knowledge-proofs-eu-digital-id-wallet-regulation
Bitcoin traders brace for US macro data with BTC price stuck at $67K
Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for BTC price action. Source: https://cointelegraph.com/news/bitcoin-traders-us-macro-data-btc-price-stuck-67k
Singapore's DBS Bank holding $650M Ethereum? Nansen flags whale holdings
Nansen believes the crypto wallet already earned $200 million by holding ETH. Source: https://cointelegraph.com/news/ethereum-wallet-dbs-bank-650-million
Paxful Slashes Gift Card Fees by 80%, Volumes and Interest Surge
Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to the company. The fee reduction applies […] Source: https://news.bitcoin.com/paxful-slashes-gift-card-fees-by-80-volumes-and-interest-surge/
Bitcoin ETFs boost TradFi Investments: Binance France president
Bitcoin is increasingly viewed as a retirement investment product by traditional investors, thanks to the approval of spot Bitcoin ETFs. Source: https://cointelegraph.com/news/bitcoin-etfs-traditional-finance-investments