Announced in April 2024, the Join Accumulate Machine (JAM) represents the biggest-ever update to Polkadot since the blockchain first became fully operational in 2021. It will bring deep changes to the Relay Chain, the center of the project’s ecosystem, which underpins all its independent parachains. The JAM upgrade’s proposed technical principles and aims were outlined in the JAM Gray Paper,…
Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets against bitcoin. Bitcoin Faces Bearish Sentiment From Hedge Funds While crypto enthusiasts and analysts have been optimistic about bitcoin (BTC) for quite some time, particularly […] Source: https://news.bitcoin.com/bitcoin-hedge-fund-shorts-reach-new-high-amid-price-fluctuations/
New details are coming to light about the person/persons responsible for the leaked Grand Theft Auto 6 trailer that was posted to Twitter in December 2023 with a “Buy $BTC” watermark. On Thursday, pseudonymous internet sleuth ZachXBT shared new information about the possible identity of the leaker, saying that the person in question swiped the official trailer from YouTube via…
Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days ago, Singapore-based QCP Capital envisioned a new bitcoin (BTC) all-time high in June. At the time, the firm’s […] Source: https://news.bitcoin.com/btcs-strange-session-economic-data-roaring-kitty-livestream-drive-market-fluctuations-says-qcp-capital/
Close followers of GameStop bull trader Roaring Kitty (aka Keith Gill) and the 2021 meme stock/short squeeze saga will already know the ending of last year’s “Dumb Money” from the start: He gives one last signoff on his popular YouTube livestream and stops posting online, potentially forever, following a few extremely crazy months of being in the spotlight. But the…
Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional $40 million in digital assets is currently frozen. However, the company cannot predict when it will be able to recover and return these funds. FBI Involved […] Source: https://news.bitcoin.com/sky-mavis-reports-return-of-5-7-million-in-digital-assets-stolen-during-ronin-attack/
Community members are currently trying to trace the Gemholic contract creator’s address, supposedly funded by Binance. Source: https://cointelegraph.com/news/gemholic-scam-suspected-rug-pull-zksync
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 ReportsIllustration by Mitchell Preffer for Decrypt. Bitcoin and crypto investors received a lot of good news this week, even though the market still can’t manage to break…
The U.S. government successfully shut down the Liberty Dollar, a private currency created by Bernard von NotHaus, while Bitcoin, established by the mysterious Satoshi Nakamoto, continues to thrive outside governmental control. This discrepancy highlights the stark differences between the centralized creation of the Liberty Dollar and the decentralized nature of Bitcoin. Contrasting Currencies — The […] Source: https://news.bitcoin.com/liberty-dollar-vs-bitcoin-why-the-us-government-shut-down-one-but-not-the-other/
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services. Source: https://cointelegraph.com/news/nigeria-crypto-ban-naira-trading-regulation
