A new private equity fund will let overseas investors earn Portuguese and European Union citizenship by indirectly investing in Bitcoin, the project’s co-founder and CEO said last week. Unbound Fund touts itself as the first “Web3 fund” to participate in Portugal’s golden visa program, which allows foreigners who invest a minimum of €500,000 (about $544,000 worth) in local companies or…
At the Bitcoin 2024 conference in Nashville, the Chinese bitcoin application-specific integrated circuit (ASIC) manufacturer Microbt introduced its new line of M6XS+ miners. These miners offer a hashrate ranging from 190 terahash per second (TH/s) to 450 TH/s, with an efficiency of 17 joules per terahash (J/T). Microbt Reveals Cutting-Edge Whatsminer Rigs Microbt, the developer […] Source: https://news.bitcoin.com/190-to-450-terahash-microbt-unveils-powerful-m6xs-miners-at-bitcoin-2024/
Bitcoin remains on target to reach $70,000, and if that happens, XRP, KAS, STX and JASMY could find buyers. Source: https://cointelegraph.com/news/bitcoin-s-price-rally-to-70k-could-lure-buyers-to-xrp-kas-stx-and-jasmy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected. Source: https://cointelegraph.com/news/trump-won-t-sell-us-btc-silk-road-bitfinex-seized-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The tokenization of real-world assets (RWAs) has the potential to revolutionize traditional finance, and a dedicated blockchain is crucial for its rapid adoption, according to John Patrick Mullin, CEO and co-founder of Mantra. Mantra bills itself as just such a solution, pitched as a “security-first” layer-1 blockchain designed to keep up with real-world regulatory requirements. According to Mullin, tokenizing real-world…
Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to recover their assets. Additionally, users inquired about asset valuation and token conversion to USDT. Wazirx Addresses Key Questions Following Cyberattack On Saturday, Indian crypto exchange Wazirx addressed […] Source: https://news.bitcoin.com/wazirx-clarifies-recovery-options-asset-valuation-and-usdt-conversion-after-cyberattack/
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets into bitcoin (BTC), capitalizing on its appreciating value without raising taxes. Bitcoin Reserve Bill Introduced […] Source: https://news.bitcoin.com/senator-lummis-proposes-bitcoin-strategic-reserve-bill-to-bolster-us-economy/
A Bitcoin analyst predicts the cryptocurrency’s price could soar above $800,000 following Trump’s promise to integrate it into the US’s strategic reserves. Source: https://cointelegraph.com/news/how-high-can-btc-price-go-trump-bitcoin-speech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks […] Source: https://news.bitcoin.com/bitcoin-7-day-hashrate-average-hits-record-677-eh-s-surpassing-may-25-high/
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
