MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period. Source: https://cointelegraph.com/news/microstrategy-overtakes-microsoft-all-time-stock-gains-bitcoin-bet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source: https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635576725204&utm_campaign=rss_partner_inbound
Bitcoin Price Trades Steady in Countdown to US Presidential Election
The Bitcoin price seems to have settled into stasis, just 10 days before the U.S. presidential election. Now analysts are looking ahead to next week’s inflation figures and jobs report to as the next big catalyst for BTC price action. Bitcoin has receded a bit since testing the $70,000 level earlier this week, and has settled at around $68,000, up…
Gary Gensler Should Leave SEC in 2025, Says Rep. French Hill
U.S. Representative French Hill (R-AR) said in an interview with the Thinking Crypto podcast that the SEC should have new leadership next year—regardless of which party controls the White House. Hill and other Republican lawmakers have criticized Gensler for the SEC’s actions in recent years and for not providing a clear regulatory framework for digital assets. Gensler’s approach to digital assets…
Bored Apes’ Otherside Builder Improbable to Develop Layer 1 Blockchain Somnia
Gaming technology startup Improbable has announced plans to develop its own layer 1 blockchain, Somnia, which the firm claims will process over 400,000 transactions per second. Somnia, which plans to launch in devnet in the coming weeks, has “cracked the scalability problem that has long hindered blockchain technology,” Improbable founder and CEO Herman Narula claimed in a statement. He added…
Ethereum falls to 42-month lows versus Bitcoin — Is the bottom close?
Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025. Source: https://cointelegraph.com/news/ethereum-42-month-lows-versus-bitcoin-is-the-bottom-close?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Base blockchain exploit leads to $1M theft — Cyvers Alerts
An exploit on the Base blockchain revealed major vulnerabilities, leading to $1M in stolen funds and raising security alarms in DeFi. Source: https://cointelegraph.com/news/base-blockchain-exploit-leads-to-1m-theft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The ECB is wrong about Bitcoin: It’s central banks that are unfair
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem. Source: https://cointelegraph.com/news/ecb-wrong-about-bitcoin-central-banks-unfair?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russian Banks Baulk at Digital Ruble Implementation Costs
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT budgets. The central bank has mandated different deadlines for various bank categories to offer digital ruble services, […] Source: https://news.bitcoin.com/russian-banks-baulk-at-digital-ruble-implementation-costs/
Web3 Game Off the Grid Numbers Shine Despite Promotional Drop
Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform Twitch, it has maintained 500,000 daily active addresses (DAA) since its launch, with over 6.6 […] Source: https://news.bitcoin.com/web3-game-off-the-grid-numbers-shine-despite-promotional-drop/