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Crypto News

Paris Hilton Will Introduce The Metaverse Dating Service "Parisland" In The Sandbox

Paris Hilton has a known affinity for the metaverse. Her dating experience in "Parisland," which was released inside The Sandbox game, is now intended to inspire people to find love in it as well. The ability to digitally meet five other players, perform missions, shop for clothes, choose wedding bands and finally select a partner as well as other activities will be available to users visiting Parisland starting on February 13.

Decrypt - 1295 ngày trước

The Ethereum Shapella Transition Is In Final Stage, A Huge Step To Shanghai Upgrade

According to a blog post by the Ethereum Foundation team, the Shapella fork on the Zhejiang testnet has entered the final phase of the pre-launch process which is a huge step toward the Shanghai upgrade. he Shapella transition has many features, especially to stakers, and since the full withdrawals on the consensus layer require interaction, the move is more beneficial for ETH stakeholders who are interested in learning how withdrawals operate.

cointelegraph - 1295 ngày trước

China Will Open A National Blockchain Research Center In Beijing

China continues to embrace blockchain technology despite its ongoing crackdown on crypto, even going so far as to open the National Blockchain Technology Innovation Center in Beijing, the nation's capital. The center will establish a research network with regional universities, think tanks, and blockchain firms to investigate blockchain tech. The result of this study is applied to advance China's digitalization and develop its blockchain sector.

https://cointelegraph.com/news/china-to-launch-national-blockchain-research-center - 1295 ngày trước

PayPal Held $604 Million In Cryptocurrency From Its Customers As Of December 31

In its annual report to the U.S. Securities and Exchange Commission (SEC), PayPal (PYPL) stated that as of December 31, it held $604 million of Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), and other cryptocurrencies for its users. The two biggest cryptocurrencies by market value, which were split between $291 million in BTC and $250 million in ETH, accounted for nearly 90% of the total. LTC and BCH make up the remaining $63 million.

coindesk - 1295 ngày trước

Zk-SNARKs Are Implemented By Binance On The Proof-of-reserves System

To prove that money held on the site are 1:1 backed, Binance, the largest centralized cryptocurrency exchange by volume, incorporated zk-SNARKs' zero-knowledge proof technique to its proof-of-reserves (PoR) verification system. Currently, 13 different crypto currencies can be used to validate the exchange's reserves using the PoR technique. The exchange added this feature in response to investors' growing worries about the security of their money on cryptocurrency exchanges.

theblock - 1295 ngày trước

A Well-known Rihanna Song Is Offered As An NFT With Royalty Sharing

Recently, Web3 music company anotherblock issued a non-fungible token (NFT) that let holders get a portion of the streaming royalties from a well-known song by musician Rihanna. The new platform works with rights holders, such as musicians, producers, and writers, to sell a portion of their fractionalized NFT streaming royalty rights. The 300 royalty-linked NFTs cost $210 each and went on sale on Thursday at 5 p.m. GMT-12 p.m. EST.

coindesk - 1295 ngày trước

To Simplify Cryptocurrency Purchases In India, MetaMask Now Adds Onramp.money

Onramp.money, an Indian company that offers crypto-to-fiat on-ramp services, has merged with MetaMask.Through the integration, Indian users will be able to buy bitcoin directly from the MetaMask wallet app using Onramp.money's API, which accepts domestic payment options like UPI and IMPS. This integration will make it simpler for Indian users to purchase assets on the ETH, Polygon, and BNB Chain and use them within decentralized applications.

theblock - 1295 ngày trước

DekaBank Of Germany Intends To Introduce A Tokenization Platform By 2024

In partnership with the digital asset company Metaco, the German bank DekaBank intends to introduce a blockchain-based tokenization platform. According to Andreas Sack, the executive in charge of digital asset custody at DekaBank, the company will launch its blockchain platform in 2024 as soon as the infrastructure for the tokenization platform is available so as to make the crypto custody solution's initial minimum viable product to be released.

cointelegraph - 1296 ngày trước

Marc Andreessen Suggest Using Ethereum Rather Than Bitcoin

Contrary to his predictions in 2014, Marc Andreessen, founding partner of the massive tech-focused venture capital firm Andreessen Horowitz (a16z), is now more positive on Ethereum and Web 3 than he is on Bitcoin. According to him, Bitcoin has the largest cryptocurrency by market cap but Ethereum currently has the most active fee marketplace, and also has more active developers than Bitcoin.

CryptoPotato - 1296 ngày trước

Mississippi Adopts Legislation To Prevent Discrimination Against Bitcoin Miners

According to a tweet from Documenting Bitcoin, Mississippi's "Right to Mine" measure will defend Bitcoin miners from discrimination in the state while acknowledging the activity's capacity to strengthen the economy and sustain the grid. The Satoshi Action Fund, a non-profit set up to inform lawmakers and authorities about the advantages of Bitcoin, provided language for the bill, which is sponsored by Senator Josh Harkins.

Finbold - 1296 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1075 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1075 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1075 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1075 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1076 ngày trước