Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures
News

Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which dramatically impact their operations and financial stability. Japanese […] Source: https://news.bitcoin.com/arthur-hayes-japanese-banks-in-crisis-over-dollar-yen-carry-trade-failures/

Team Liquid, Community Gaming Plot Tournaments With USDC Payouts on Base
News

Team Liquid, Community Gaming Plot Tournaments With USDC Payouts on Base

Team Liquid, one of the most successful organizations in esports history, is teaming up with tournament platform Community Gaming to launch a $20,000 series of competitions this summer, the companies announced Friday. The North American series will feature four events split evenly between Teamfight Tactics and Hearthstone. Prize money will be paid out in USDC, a crypto stablecoin pegged to…

Continue Reading

Bitcoin Mining Made Easy: How GoMining Leads the BTC Adoption Through Redefining the Industry’s Accessibility
News

Bitcoin Mining Made Easy: How GoMining Leads the BTC Adoption Through Redefining the Industry’s Accessibility

As Bitcoin enters a new cycle following the halving event in April 2024, the landscape of Bitcoin mining continues to evolve. Mining plays a crucial role in maintaining the sustainability of the Bitcoin ecosystem, yet the industry has transformed significantly over the years. Dominated by large-scale players, the barriers to entry for individual miners have […] Source: https://news.bitcoin.com/bitcoin-mining-made-easy-how-gomining-leads-the-btc-adoption-through-redefining-the-industrys-accessibility/

Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology
News

Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology

Neo has announced a partnership with Phoenix, a decentralized Artificial Intelligence (AI) infrastructure provider. This collaboration aims to blend AI with Neo’s blockchain infrastructure, marking a significant advancement in decentralized AI technology. The partnership will focus on the development of AI-enabled blockchain tooling on Neo X, an EVM-compatible sidechain, and will leverage Phoenix’s AI technology […] Source: https://news.bitcoin.com/neo-and-phoenix-join-forces-skynet-to-power-new-era-of-ai-enhanced-blockchain-technology/

Ripple CEO Faces Trial Over Alleged 'Misleading Statements' in 2017 Interview
News

Ripple CEO Faces Trial Over Alleged ‘Misleading Statements’ in 2017 Interview

Ripple Labs, the blockchain company that’s come under fire for its sale of XRP tokens, is facing yet another legal battle as a civil securities lawsuit against its CEO, Brad Garlinghouse, has been given the green light by a California federal court judge. The lawsuit, which alleges that Garlinghouse made “misleading statements” in a 2017 interview, will now proceed to…

Continue Reading

Gold Production Struggles Despite 2024 Q1 Surge
News

Javier Milei Reiterates Several Currencies, Including Bitcoin, Will Compete in Argentina

President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin, Milei stated that anyone wishing to use bitcoin will be able to do so, given that there will be currency competition in the country. “You can also use other units such as WTI, BTU, and the […] Source: https://news.bitcoin.com/javier-milei-reiterates-several-currencies-including-bitcoin-will-compete-in-argentina/