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Pro-Russian Military Forces Is Revealed To Be Utilizing Cryptocurrency To Raise Money

Blockchain company TRM Labs says pro-Russian organizations are using cryptocurrencies to raise money to support paramilitary operations and circumvent American sanctions. Chris Janczewski, the CEO of the company, estimates that by September 22 the organizations had collected at least $400,000. Blockchain company TRM Labs says pro-Russian organizations are using cryptocurrencies to raise money to support paramilitary operations and circumvent American sanctions. Chris Janczewski, the CEO of the company, estimates that by September 22 the organizations had collected at least $400,000.

Finbold - 1427 ngày trước

Despite Bear Market, The Number Of Bitcoin Owners Continues Increasing

Despite the ongoing crypto bear market, there has been a considerable rise in the number of holders of the leading digital asset, despite the fact that the price of Bitcoin (BTC) has fluctuated significantly this year. Investors continue to find comfort in BTC as a store of wealth as they HODL the digital asset. Over 4.5 million new holders have joined the Bitcoin space in the past year as of September 27.

Finbold - 1427 ngày trước

Solana NFT Sales Increased By 77% In September Despite A Weak Quarter

Despite a substantial drop in the total volume of NFT trading in the third quarter, non-fungible token (NFT) sales on Solana soared in September. Solana NFT sellers made more than US$126 million in September, a 77% rise from the previous month. The increase in Solana's September NFT sales coincides with a drop in total sales of unique assets for the sixth straight month, which marked the lowest monthly sales since July 2021.

Forkast - 1428 ngày trước

Cryptocurrency Exchange Binance Opens Two New Offices In Brazil

, a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets. Binance, a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets.

theblock - 1428 ngày trước

Japanese Government Digital Transformation Investments Will Include Metaverse And NFTs

The Japanese government would work to promote Web3 services, particularly those involving non-fungible tokens, or NFTs, and the Metaverse, according to Fumio Kishida, the country's prime minister since 2021. He also made reference to digitizing national identification cards. The cabinet would "support efforts to extend the usage of Web 3.0 services that leverage the metaverse and NFTs," the prime minister added.

cointelegraph - 1428 ngày trước

Bitcoin And Ethereum Whales Moves Huge Crypto Worth About $133,000,000

Several nine-figure transactions have been seen on the blockchain this week, which indicates that crypto whales are moving enormous amounts of currency around. One mysterious Bitcoin whale transmitted 6,980 BTC to an unidentified wallet in the wee hours of Monday, according to blockchain tracking firm Whale Alert. The sender only had to pay a charge of $0.07 for the transfer, which had a startling value of $133,839,478.

The Daily Hodl - 1428 ngày trước

The Capacity Of The Bitcoin Lightning Network Reaches 5,000 BTC Milestone

The Lightning Network, the layer-2 payments system for Bitcoin (BTC), is still thriving in spite of macroeconomic headwinds and sluggish price movement. The 5,000 BTC ($96 million) milestone capacity for the Bitcoin Lightning Network has been reached. In practice, as long as Bitcoiners continue to support the network's expansion, more and more Bitcoin is being introduced to Lightning Network payment channels globally.

cointelegraph - 1428 ngày trước

Citi Claims Centralized Crypto Exchanges Are Losing Market Share To Decentralized Crypto Exchanges

In a research report, Citigroup said that over the previous two years, decentralized cryptocurrency exchanges (DEXs) had developed more quickly than centralized exchanges (CEXs). Users leaving centralized systems to escape their more onerous know-your-customer procedures is expected to increase the divide. Citi stated that these exchanges have relatively lower fees after the trading rewards are taken into account.

coindesk - 1428 ngày trước

As Bitcoin Balance Reaches An All-time High, NYDIG Raises $720 Million

NYDIG's Bitcoin holdings have increased by approximately 100% year over year, while the company's revenue has increased by 130% through Q2 and will climb again when Q3's books are closed. Despite Bitcoin's continued decline throughout 2022, the business holds onto its bitcoins more than ever. The organization has raised $720 million for its institutional Bitcoin fund, according to an amended SEC filing. The financing was funded by 59 investors, who each gave an average of more than $12 million.

cointelegraph - 1428 ngày trước

Japanese Gaming Giant, Sega Will Release Its First Blockchain Game

One of the biggest Japanese gaming firms, Sega, has revealed that Double Jump Tokyo, another Japanese game production business, will help it release its first blockchain game. The project will be based on the series of Japanese arcade games known as Sangokushi Taisen. The Sangokushi Taisen series of strategy games features a number of titles that let players employ virtual cards on a virtual field.

Bitcoin News - 1428 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 - 1078 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 - 1078 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 - 1078 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 - 1078 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 - 1079 ngày trước