Airdrops are transforming blockchain engagement with almost $15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $14.91 billion was disbursed by various projects in 2024 to crypto users via […] Source: https://news.bitcoin.com/record-figures-for-crypto-airdrops-with-almost-15-billion-distributed-in-2024/
MicroStrategy may decide not to move forward with the perpetual preferred stock offering if market conditions aren’t favorable this quarter. Source: https://cointelegraph.com/news/microstrategy-eyes-2-billion-preferred-stock-raise-to-buy-more-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines […] Source: https://news.bitcoin.com/irs-crypto-tax-reporting-requirements-stir-up-mass-confusion/
American banks seeking to offer customers services built on public blockchain networks appear to have been discouraged from doing so by the Federal Deposit Insurance Corporation, documents released Friday revealed. The disclosure came courtesy of a trove of newly unredacted crypto-related correspondences between the FDIC and member banks. San Francisco-based cryptocurrency exchange Coinbase obtained the documents via the Freedom of…
A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.com […] Source: https://news.bitcoin.com/btc-and-eth-defy-expectations-report-highlights-calm-markets-amid-year-end-options-expiry/
Solana developers have created a quantum-resistant vault that uses a decades-old cryptographic technique to protect users’ funds from potential quantum computer attacks. The solution, called Solana Winternitz Vault, implements a hash-based signature system that generates new keys for each transaction. The vault addresses a known vulnerability in blockchain technology: quantum computers could potentially crack the cryptographic algorithms that secure digital…
PRESS RELEASE. The blockchain space heats up as Lightchain secures $8.5 million in its presale, setting the stage to disrupt the industry! With an ambitious vision and innovative technology, this rising contender is gearing up to compete with Ethereum and reshape the future of decentralized ecosystems. If you’ve been following blockchain’s evolution, you know how […] Source: https://news.bitcoin.com/lightchain-presale-raises-8-5m-poised-to-rival-ethereum/
According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days. Source: https://cointelegraph.com/news/ftx-reorganization-plan-repaying-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A lot of rockets have taken off under Elon Musk’s watch, but the tech CEO and SpaceX co-founder just boosted one billed as digital ejaculate—for the second time. The price of CumRocket (CUMMIES) had jumped 68% Friday, hovering above $0.007 a day after Musk posted a meme on X (formerly known as Twitter) bearing the obscure token’s name. In Musk’s…
The plans are not yet concrete as Coinbase is awaiting regulatory clarity on securities tokenization. Source: https://cointelegraph.com/news/base-network-mulls-tokenized-coin-stock?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
