Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it. […] Source: https://news.bitcoin.com/value-locked-in-defi-nears-100b-range-again-after-11-89b-increase-in-35-days/
Search Results for:
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth $670 million. The Famous Bitcoin for Pizza Offer That Took 4 Days to Complete In May 2010, […] Source: https://news.bitcoin.com/14-years-ago-an-individual-offered-10000-bitcoins-for-2-pizzas-finalizing-the-deal-in-4-days/
‘Godfather of AI’ advises UK government to start UBI
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years. Source: https://cointelegraph.com/news/godfather-artificial-intelligence-ai-advises-uk-government-start-ubi
This Week in Coins: GameStop Surge Spurs Meme Coin Mania, and Bitcoin Ends on a High
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports What a week it’s been. The Sunday night return of Roaring Kitty led to a trading frenzy, with meme stocks and digital coins and tokens alike…
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 per troy ounce for the first time since February 2013. Silver Hits $31 per Ounce, Outperforms Gold […] Source: https://news.bitcoin.com/silver-squeeze-precious-metal-soars-11-8-in-5-days-reaching-its-highest-price-since-2013/
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the […] Source: https://news.bitcoin.com/bitcoins-runes-protocol-hype-falls-short-significant-drop-in-activity-and-fees/
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group (DCG), which argued that repayments should be based on January 2023 cryptocurrency values. […] Source: https://news.bitcoin.com/court-approves-crypto-lender-genesis-3-billion-payout-to-customers/
LayerZero identifies over 800k addresses in sybil self-reporting phase
Initially, the team identified over 2 million addresses as potential Sybils but later refined their criteria to minimize false identifications, resulting in a more precise classification. Source: https://cointelegraph.com/news/layerzero-concludes-sybil-self-reporting-phase
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from […] Source: https://news.bitcoin.com/mid-may-nft-sales-drop-by-8-97-top-4-chains-see-reductions/
What is the Ethereum (ETH) burn address
The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation. Source: https://cointelegraph.com/explained/what-is-the-ethereum-eth-burn-address