Mercuryo CEO Petr Kozyakov said many consumer apps would emerge before widespread institutional adoption comes to DeFi. Source: https://cointelegraph.com/news/mercuryo-ceo-ecosystem-program-defi-dapps?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
US Bitcoin Reserve Proposal Draws Mixed Reactions on Social Media
As chatter grows around the idea of a U.S.-led bitcoin strategic reserve, the topic has ignited lively debate. Some enthusiasts view it as an inevitable move toward global bitcoin adoption by nation-states, while others decry the notion as a betrayal of the cryptocurrency’s core philosophy. Contrasting Opinions Surface on the U.S. Adopting a Bitcoin Reserve […] Source: https://news.bitcoin.com/us-bitcoin-reserve-proposal-draws-mixed-reactions-on-social-media/
Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks
Bitcoin.com is excited to announce the launch of Instant Rewards, an innovative new feature in the Bitcoin.com Wallet app that transforms earning crypto into a fun, interactive process by completing everyday tasks. This latest addition empowers users to seamlessly integrate earning crypto into their daily routines. “Our Rewards Center provides much-needed incentive for people to […] Source: https://news.bitcoin.com/bitcoin-com-wallet-app-launches-instant-rewards-earn-crypto-instantly-by-completing-simple-tasks/
NFTs Resurgance? Crypto’s Bull Run is Driving These Assets Higher
Fresh off a broader crypto market resurgence in November, the NFT market is heating up again. Data from CoinGecko for December shows that the sector’s market capitalization has reached $8.8 billion, up by 17.3% over a week. The same dataset also points to a surge in volume: daily trading across all chains has jumped nearly 48% in the past 24…
Clipper DEX says recent $450K hack wasn’t caused by private key leak
A $450,000 hack on Clipper was likely from a withdrawal vulnerability, not a leak, the decentralized exchange has said. Source: https://cointelegraph.com/news/clipper-dex-clarifies-hack-not-private-key-leak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
From Fiction to Financial Reality: Why ‘Bitcoin’ Is the Perfect Name
The name “Bitcoin,” unveiled by Satoshi Nakamoto in 2008, perfectly encapsulates the fusion of digital innovation and timeless value, solidifying its place as a financial and cultural icon. ‘Bitcoin’: A Name That Echoes Through Time The name “Bitcoin” was first introduced by Satoshi Nakamoto on Oct. 31, 2008, through the now-famous Bitcoin white paper. This […] Source: https://news.bitcoin.com/from-fiction-to-financial-reality-why-bitcoin-is-the-perfect-name/
Bitcoin set for ‘insane long opportunities’ as it enters price discovery: Traders
Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader. Source: https://cointelegraph.com/news/bitcoin-begun-price-discovery-stage-crypto-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over cryptocurrency-related bribery allegations, has intensified scrutiny of its rollout. While cumulative […] Source: https://news.bitcoin.com/chinas-digital-yuan-faces-uphill-battle-with-corruption-scandals-and-sluggish-adoption/
Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin
With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September. Source: https://cointelegraph.com/news/hong-kong-gaming-firm-swaps-out-eth-treasury-for-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan crypto exchange DMM Bitcoin is set to liquidate: Report
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations. Source: https://cointelegraph.com/news/japan-crypto-exchange-dmm-bitcoin-to-liquidate-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound