Month: October 2024

Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption. Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption Crypto exchange Binance announced the relaunch of Binance Connect on Friday, unveiling a significantly expanded fiat-to-crypto service formerly known as Bifinity. Initially introduced in 2022 as a standalone […] Source: https://news.bitcoin.com/binance-connect-relaunches-powering-fiat-currencies-and-300-crypto-options/

Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s non-security status remains untouchable due to strict court review limits. Ripple’s Legal Battle With SEC Over XRP Continues Ripple’s chief legal officer, Stuart Alderoty, announced on social media platform X on Thursday that Ripple has submitted Form C to outline […] Source: https://news.bitcoin.com/ripple-escalates-sec-battle-defends-xrps-non-security-classification/

Fireblocks, a provider of blockchain infrastructure, has announced a $1 million grant program with Paxos, aimed to foster broader use of paypal usd (PYUSD). Fireblocks Launches $1M Grant Progam With Paxos Following what the firm describes as a “successful pilot,” the initiative seeks to encourage businesses to develop PYUSD applications on Fireblocks’ platform. In a […] Source: https://news.bitcoin.com/fireblocks-launches-1m-grant-program-to-promote-paypals-pyusd-adoption/

This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy efficiency of 16.5 joules per terahash (J/T). “Mass production introduction is in progress, coming soon […] Source: https://news.bitcoin.com/meet-the-sealminer-a2-bitdeers-new-asic-in-the-bitcoin-mining-arena/

It’s been an eventful month for longtime Bitcoin Core developer Peter Todd, who was recently accused of being pseudonymous Bitcoin creator Satoshi Nakamoto in a new HBO documentary. Despite vigorously denying the claims, both on-camera, and off, Todd told Decrypt on Friday that being publicly branded as the elusive genius sitting on $74.4 billion worth of Bitcoin has forced him…

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Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a probe by U.S. authorities. […] Source: https://news.bitcoin.com/bitcoin-drops-amid-market-chatter-a-familiar-pattern-from-the-past-heres-what-we-know/