Feb 10 2024
Bitfinex has announced the launch of a securities trading platform in El Salvador. El Salvador is the first country to recognize bitcoin (BTC) as legal tender. The new platform launch follows the of several Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) two weeks ago. The move rides on the …
Feb 10 2024
The Starknet Foundation has announced its intention to allocate approximately 50 million STRK tokens as part of its Early Community Member Program (ECMP) This initiative, unveiled on October 30, is designed to reward and motivate the individuals who played a pivotal role in developing the Starknet ecosystem. The registration process for potential recipients will be …
Feb 09 2024
The primary cryptocurrency has shown little movement for the past several days and even weeks. The last such rejection came on Thursday, and the asset plummeted by nearly two grand in hours. Since then, Bitcoin has failed to make any major moves, aside from a $1,000 pump and dump yesterday. As of now, the cryptocurrency …
Feb 09 2024
12% of Salvadorans used Bitcoin at least once to pay for goods and services in 2023. This marks a significant decrease from 2022, when the same university reported that 24.4% had engaged in transactions using Bitcoin. The decline in numbers raised questions about the sustainability and widespread acceptance of the premier crypto asset in everyday …
Feb 09 2024
The group set up companies and call centers throughout Georgia. They created e-commerce platforms to enhance credibility, alluring victims with lucrative financial deals. This is how they allegedly embezzled “several million Swiss francs belonging to citizens of the Swiss Confederation,” read the statement. To facilitate the laundering of the fraudulently acquired funds, the suspects reportedly …
Feb 09 2024
The US Securities and Exchange Commission made history in mid-January when it finally approved nearly a dozen spot BTC ETFs to launch on local exchanges. There was a big price run-up ahead of the approvals that resulted in a highly positive Q4 ’23 for BTC. However, the landscape changed on the day the ETFs launched …
Feb 08 2024
Ripple’s Chief Technology Officer, David Schwartz, has shown his support for the proposed governance changes. The move comes in response to a comprehensive proposal by XRP Ledger developer David Fuelling. Schwartz described the proposal as a “straw man” to stimulate open dialogue and gather diverse suggestions. Some people have expressed skepticism about the proposal, suggesting …
Feb 08 2024
Argo Blockchain PLC, a London-based cryptocurrency miner, announced on Monday a drop in Bitcoin production for January. The company attributed the decrease in mining output to a 20% decline in daily production compared to December. According to the London Stock Exchange, Argo Blockchain’s shares are by 7.81% to 14.75 pence each in London on Monday, …
Feb 08 2024
Google has partnered with Polygon Labs to develop Web3. Web3 places decentralization at its core. It leverages blockchain technology to empower users with greater control over their data and digital assets. This article delves into the advancements heralded by Google’s swift adoption of the Web3 platform. It also explores the potential of decentralized technologies to …
Feb 08 2024
A study by Bitget focusing on the upcoming Bitcoin halving event indicated a positive outlook as market conditions continue to recover. 84% of the study participants foresee Bitcoin surpassing the previous bull market’s all-time high of $69,000. While optimism runs high across most regions, East Europe emerges as a notable exception. Over half of the …