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Crypto News

Fetch.ai And Bosch Establish $100 Million Fund To Promote Web3 Adoption

A new foundation that will promote the industrial adoption of software agents, AI, and Web3 technologies has been established by the German multinational engineering firm Bosch and the Cambridge-based artificial intelligence lab Fetch.ai. In order to grow their industry with like-minded firms and partners, Fetch.ai Foundation looks to pump about $100 million into industrial AI over the course of the next three years through a variety of award programs.

CryptoPotato - 1284 ngày trước

Microsoft And Ankr Collaborate To Provide Enterprise Node Services

In order to offer a unique node hosting solution on the Microsoft Azure Marketplace, Microsoft has teamed with decentralized blockchain infrastructure provider Ankr. Ankr's blockchain infrastructure and Microsoft's cloud services will be combined as part of the agreement, which will also see technologies from both businesses integrated. The node deployment service provides Web3 projects with low-latency blockchain connectivity and helps developers focus on expanding their apps.

cointelegraph - 1284 ngày trước

Reddit Co-founder Spent $15K On 50,000 Ether During The Pre-sale

In 2014, during the presale of the second cryptocurrency, Reddit co-founder Alexis Ohanian reportedly paid just $15,000 for 50,000 Ether, or just 30 cents per coin. Ohanian, who left the social media behemoth in 2020, claimed in a Forbes article published on February 21 that his Armenian heritage contributed to his attraction to the idea of a decentralized store of value and that this led him to make an early investment in Ethereum.

cointelegraph - 1284 ngày trước

Dogecoin Is Now A Part Of Ernst & Young's New Blockchain Analyzer Function

In production now is the fourth iteration of Ernst & Young's (EY) Blockchain Analyzer: Reconciler. In addition to Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), and Ethereum Classic (ETC) blockchains, Reconciler with additional functionality for blockchain and cryptocurrency audit services now supports Dogecoin (DOGE). Reconciler enables bulk-reconciling of client off-chain books and records to the public ledger.

Finbold - 1284 ngày trước

HIVE Increases Bitcoin Output in First Whole Quarter Without Mining Ethereum

Despite the prolonged crypto winter and the suspension of its Ethereum mining activities, the crypto miner HIVE Blockchain increased its Bitcoin production in the final three months of 2022. In the three months that ended on December 31, 2022, the Vancouver-based company mined 787 additional Bitcoin, up 13% from the previous year. The corporation attributed the increased productivity to the completion of its data center in New Brunswick in a statement.

Decrypt - 1284 ngày trước

50M More Users Will Join Avalanche (AVAX) Thanks To This Game Partnership

With the launch of LegendsByLoco, an NFT marketplace for eSports enthusiasts globally, Avalanche, a Layer-1 smart contract blockchain, has announced that Loco, India's largest esports broadcasting platform, will onboard its more than 50 million members to Avalanche. The pioneer of the Indian streaming sector will boost Avalanche's quickly growing position in Asia by creating a subnet and signing up for the multiverse incentive program.

U.Today - 1284 ngày trước

Bitcoin Transaction Count Growth Hits Its Greatest Point In Over Two Years

The, first cryptocurrency, Bitcoin (BTC), is observing a positive change in its onchain activity as it works to overcome the consequences of last year's negative market. Data from the cryptocurrency analysis portal Glassnode shows that as of February 21, Bitcoin's demand for inscription transactions, which is now at 1.14, has driven the asset's transaction count momentum to approach the greatest level since January 2021.

Finbold - 1284 ngày trước

FTX Japan Will Resume Processing Withdrawals In Crypto And Fiat On February 21

The collapsed cryptocurrency exchange FTX's Japanese affiliate, FTX Japan, will start processing cryptocurrency and fiat withdrawals again on February 21. In a statement, the business stated that withdrawals would be handled through the Liquid Japan web platform. Clients must verify their balance if they have assets on the exchange. To withdraw their assets, users who do not already have an account on Liquid Japan must create one.

theblock - 1284 ngày trước

Litecoin Network Receives Its First NFTs After Developer Forks Bitcoin Ordinals

To create the first batch of non-fungible tokens (NFTs) for older proof-of-work networks like Litecoin, developers are forking Bitcoin (BTC) ordinals. The code for Bitcoin (BTC) ordinals was forked over the weekend by Litecoin developer Anthony Gurrera, who also uploaded a copy of the latter's mimblewimble upgrade whitepaper to the Litecoin network, making it the first non-fungible token (NFT) on Litecoin to go live.

coindesk - 1285 ngày trước

Helium To Complete Its Blockchain Migration By March 27

By March 27, developers of the decentralized wireless network Helium announced that it would completely migrate to the Solana blockchain. The tokens in the Helium ecosystem, HNT, MOBILE, and IOT, will continue to be issued on the Solana network as part of the move. The Helium Wallet App will be updated after the migration is finished. The blockchain history of the Helium layer 1 will also continue to be accessible to everyone.

coindesk - 1285 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