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Crypto News

Siemens Issues Bond In Euros On The Polygon Blockchain Using Blockchain Technology

In an effort to streamline processes and get in direct contact with buyers, Siemens (SIE), the third-largest publicly traded corporation in Germany by market valuation, released its first digital bond of about 60 million euro ($64 million), and was issued on the Polygon blockchain. The bond eliminates the need for paper-based global certificates and central clearing. Also, investors can purchase the bond directly from the issuer.

coindesk - 1291 ngày trước

The Second-Largest City In Korea Advocates For A Crypto Hub

The local administration of Busan, South Korea, is aiming to establish a publicly-run cryptocurrency exchange in order to reinvigorate its elderly population and turn the city into a global hub for digital assets. According to a report by Bloomberg on Monday, the port city, which has around 3.45 million residents and is situated on Korea's southern peninsula, is also attempting to draw a number of blockchain businesses and foreign investment.

blockworks - 1291 ngày trước

The NASDAQ-listed Interactive Brokers Will Provide Cryptocurrency Trading In Hong Kong

The debut of its cryptocurrency trading services for institutional clients in Hong Kong was announced by Interactive Brokers, a worldwide brokerage company with its headquarters in the US on February 14. The cryptocurrency trading services were introduced in collaboration with OSL Digital Securities, a professional investor-focused digital asset brokerage and trading platform registered by the Securities and Futures Commission.

cointelegraph - 1291 ngày trước

CME Group Will Introduce Event Contracts For Bitcoin Futures

As soon as regulatory approval is received, CME Group, the largest derivatives exchange in the world, will add Bitcoin futures to its lineup of event contracts on March 13. The CME Group, the largest derivatives marketplace in the world, offers clients the ability to trade futures, options, cash, and OTC markets, optimize portfolios, and analyze data, enabling global market participants to effectively manage risk and seize opportunities.

- 1291 ngày trước

Polygon Believes That zkEVM Mainnet Beta Will Go Live In March

The main network of the zero-knowledge Ethereum Virtual Machine (zkEVM) beta was set to launch on March 27 by the Ethereum scaling project, Polygon. The test network's features were not made explicit, but the firm did mention that the team will be sharing more information, building up to the March launch date and that network security would be given first priority. The zero-knowledge technology is a huge advancement for blockchains and encryption.

coindesk - 1291 ngày trước

Bitcoin Reaches Record 44M Non-Zero Addresses, Due To Ordinals

According to crypto analytics company Glassnode, the introduction of Bitcoin non fungible tokens, also known as Ordinals, has pushed the total number of non-zero BTC addresses to a new all-time high of 44 million. For the first time in Bitcoin's 14-year existence, a percentage of network activity is used for purposes other than peer-to-peer financial BTC transfers. The short-term boost in BTC activity got active users with non-zero BTC balances.

cointelegraph - 1291 ngày trước

A Bahrain Hotel Becomes First To Accept Cryptocurrency Payments

The first hotel in the area to accept cryptocurrency payments is one in Bahrain and with the help of a partnership with Eazy Financial Services, the Novotel Bahrain Al Dana in Manama is now accepting crypto payments.A number of electronic payment services will be given to Novotel Bahrain Al Dana Resort as part of its own agreement in order to improve and enhance business operations and give consumers a better experience.

Arabian business - 1291 ngày trước

Avalanche Blockchain Saw A 1,500% Increase In Transactions By 2022

In spite of the failure of centralized crypto companies and the technical bear market that was experienced by the industry as a whole, transactions on the Avalanche blockchain increased by as much as 1,500% in 2018 compared to 2021. The network had 27 million transactions as of Nov 21, 2021, but Avalanche's cumulative total topped 450M transactions on Nov 21, 2022, representing an incredible 1,507% growth in just one year, according to Nansen.

coindesk - 1292 ngày trước

Iris Energy Increases Its Self-Mining Rate to 5.5 EH/s

Iris Energy Limited, a top provider of institutional-grade, fully renewable energy-powered BTC mining data centers, said that it is raising its self-mining capacity from 2.0 EH-s to 5.5 EH-s. The company was also able to purchase 4.4 EH-s of new S19j Pro miners without spending additional money because of the efficient use of the $67 million in remaining Bitmain prepayments and also, the newly acquired miners should provide higher revenue growth.

cryptoslate - 1292 ngày trước

Ancient Ethereum (ETH) Address Suddenly Wakes Up

Recently, an Ethereum (ETH) address that had been inactive for more than seven years was reactivated and contained 100 ETH (about $149,980). The address was activated about 7 hours 16 minutes ago, according to the transaction information given by Whale Alert, for a cost of 0.00033502177254 ETH ($0.50). The bitcoin community on Twitter assumed this could be the beginning of many more inactive addresses being resurrected.

U.Today - 1292 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