Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing the utility of crypto for customers using Coinbase’s services. Coinbase Adds Lightning […] Source: https://news.bitcoin.com/coinbase-announces-support-for-bitcoins-lightning-network/
Month: May 2024
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement. Source: https://cointelegraph.com/news/mr-100-buys-bitcoin-dip-first-halving-btc-bottom
Top VCs Join EYWA’s Seed Round Led by Curve’s Founder
PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has been led by Curve Finance founder Michael Egorov — with the project recently attracting two […] Source: https://news.bitcoin.com/top-vcs-join-eywas-seed-round-led-by-curves-founder/
Bitcoin ETFs Shed $563 Million as BlackRock’s IBIT Marks First Daily Loss
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 Spot Bitcoin ETFs in the United States marked their worst day on record Wednesday, notching more than half a billion dollars in net outflows for the…
Ethereum and Solana Meme Coin Prices Surge Amid Modest Bitcoin Gains
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 has been struggling lately, though its modest gains Thursday are surely a welcome sign of life for traders. But Bitcoin’s slight rise is being overshadowed…
Nigerian court postpones money laundering trial of Binance and execs
A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents. Source: https://cointelegraph.com/news/nigeria-court-trial-binance-exec-postponed
Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like the euro or the U.S. dollar. Bitcoin Poised to Become Default Currency for AI, Says […] Source: https://news.bitcoin.com/lightspark-ceo-expects-bitcoin-to-dominate-ai-related-monetary-transactions/
What are Parachains? Polkadot’s Secret Weapon Explained
With an ever-growing number of blockchain projects, achieving interoperability and scalability between blockchains is increasingly important. Polkadot’s solution to this challenge is ‘parachains,’ a technical approach to allowing distinct blockchains to scale and work together effectively and safely, leveraging the Polkadot network’s guarantees of security, isolation, and communication. What are parachains? Unlike most other blockchains such as Ethereum, Polkadot isn’t built…
Pickup artists using AI, deep fake nudes outlawed, Rabbit R1 fail: AI Eye
Deep fake nudes to be outlawed in UK and Australia, pick up artists fake big live stream audiences to meet women, plus more news: AI Eye. Source: https://cointelegraph.com/magazine/pick-up-artists-ai-deep-fake-nudes-outlawed-rabbit-r1-fail-fakeism-arrest-ai-eye/
Ethereum Blogging Protocol Mirror Embraces Farcaster in Social Media Pivot
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 Mirror, the Ethereum-based decentralized blogging protocol, announced today that it is merging with once-rival Paragraph, the tokenized publishing and newsletter platform. The combined Mirror/Paragraph entity will…