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Vitalik Buterin Confirms That zk-EVM Should Be Deployed On Ethereum

The use of Zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum mainnet was supported by Vitalik Buterin saying that zk-EVMs would quicken Ethereum's verification procedure without compromising the network's decentralization and security. As their deployment on Ethereum's base layer (L1) is feasible and will also address the base layer authentication issue, Buterin thinks zk-EVMs should be used for layer-2 protocols as well.

CryptoPotato - 1239 ngày trước

Rben Dias, A Football Player Leads An OKX Metaverse Training Session

The newest news on its first immersive metaverse fan experience, which is a component of its "OKX Collective," shows how active crypto exchange and Web3 technology developer OKX has been in the market. Rben Dias, a footballer for Manchester City, is one of the company's brand ambassadors. On April 3, the company unveiled their "Train Like Dias" collaboration which claims that fans would have access to virtual experiences of Dias' training methods.

cointelegraph - 1239 ngày trước

The Number Of Monthly Active Addresses for Solana Surpasses That Of Ethereum

Six important blockchains such as BNB Chain, Solana, Ethereum, Polygon, Arbitrum, and Fantom had more than one million active addresses in March, according to blockchain analytics company Nansen. The Solana network saw a rise in active wallets in March, exceeding that of other blockchains like Ethereum. Solana had 5.8 million active wallets, while Ethereum had 5.2 million, placing it third after Solana in terms of active addresses.

U.Today - 1239 ngày trước

Long-Term Bitcoin Holders Acquire BTC Worth $13,400,000,000 In Q1 2023

Long-term owners of Bitcoin (BTC) have bought the cryptocurrency in Q1 2023 in transactions valued at billions of dollars, according to a recent data from crypto analytics company IntoTheblock. Particularly, Long-term holders of BTC and Ethereum have increased their exposure to the digital currencies by $13.4 billion and $4.7 billion, respectively, in the Q1 of 2023. This development may indicate that these investors won't likely sell until BTC and ETH reach their all-time highs.

The Daily Hodl - 1239 ngày trước

The Bank Of Russia's Consumer Finance Survey Includes Household Cryptocurrency Holdings

In a recent report on household finances, the Central Bank of the Russian Federation (CBR) presented figures of the population's digital assets. The median average fiat worth of crypto holdings among Russian households that own assets is 17,500 rubles, or roughly $225 at the current exchange rate. The median means that more than half of these households who live together and have a shared budget, have crypto assets over the referred-to threshold.

Bitcoin News - 1240 ngày trước

India's 1% TDS On Cryptocurrency Transfers Brought In $19 Million In Just Nine Months

Pankaj Chaudhary, the minister of state for finance, highlights that the Indian tax authorities have received TDS of Rs 158 crore (about $19 million) on the transfer of virtual digital assets (VDA) up till March 20. By introducing a new tax system in the budget for 2022–2023, the Indian government subjected crypto transactions to it. It stipulated that any VDA transactions above Rs 10,000 (about $125) in a fiscal year would be subject to 1% TDS.

CryptoPotato - 1240 ngày trước

The Bitcoin Thesis Article Becomes A Top Seller On Amazon

A lengthy academic paper on Bitcoin written by a U.S. Space Force major has become a popular pick on Amazon. The article's complete title, "Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin," was written by Jason Lowery. According to "Softwar," Bitcoin has the potential to play a significant part on the global geopolitical stage as a military-grade information security solution, which is very different from the monetary use Bitcoin's network currently has.

Decrypt - 1240 ngày trước

Turmoil In The United States Banking System Has Boosted Bitcoin Performance

Coinbase reported that crypto markets have shown resilience in the face of recent changes to the U.S. financial system, with bitcoin outperforming. Since Feb, bitcoin has surpassed its rival digital asset classes, with the crypto's dominance as a share of the overall crypto market cap rising to 47.7% from 43.9% in March. This development picked up speed early in the month, coinciding with the start of the instability in the U.S. banking system.

coindesk - 1240 ngày trước

Kaiko CEO: Hong Kong To Be New Crypto Center Amid U.S. Crackdown

The CEO of Kaiko, Ambre Soubiran, has predicted that the US government's regulatory crackdown on cryptocurrency will shift the industry's "center of gravity" to Hong Kong. Soubiran suggests that crypto firms will relocate to jurisdictions that are more welcoming to the industry, which could lead to greater adoption, investment, and innovation in the region. Hong Kong's proximity to China and its interest in blockchain technology make it a logical choice for crypto companies, according to Soubiran.

cointelegraph - 1240 ngày trước

Nearly One Million Bitcoin Addresses Hold 1 BTC or More, Signaling Adoption Surge

According to on-chain data, the prolonged price stability of bitcoin under $24,000 gave smaller holders plenty of room to grow their stake sizes. A lot of the Bitcoin that is held by over one million addresses was accumulated between 2021 and 2023. According to on-chain data, as of March 29, over 991,670 BTC addresses held more than 1 BTC. This number has steadily been increasing since the creation of Bitcoin as more Bitcoin entered the network.

CryptoPotato - 1241 ngày trước

The Kraken-Sponsored Vehicle Debuts The Bitcoin White Paper In Formula One

Due to a sponsorship agreement with United States crypto exchange Kraken, an excerpt from the Bitcoin white paper will be displayed on the Williams Racing team's Formula 1 car. Recently, the crypto exchange revealed that as part of a sponsorship and Web3 agreement, it would collaborate with the Williams Racing F1 team. This sponsorship contract was one of the first times a cryptocurrency corporation had supported an F1 team.

cointelegraph - 1241 ngày trước

The Utilization Of Renewable Energy In Bitcoin Mining Is Greater Than 50%

Investor Daniel Batten highlights that the bulk of the energy utilized for Bitcoin mining originates from renewable resources as 23.12% of mining energy comes from hydropower. In addition, 13.98% of BTC mining requires the usage of wind-generated electricity, while 7.94% and 4.98% comes from nuclear and solar energy, respectively. About 2.40% involves the use of other renewable energy sources. Overall, 52.4% of BTC mining uses renewable energy.

CryptoSlate - 1241 ngày trước

Visa And The Bitcoin Rewards App, Fold Extend Their Collaboration To More Territories

Visa and the Bitcoin rewards app, Fold have strengthened their existing alliance. According to a statement released, the U.S payments giant will now be the only network partner for its prepaid debit products across North America, Europe, Latin America, and the Caribbean. The online store that accepts bitcoin, Fold and Visa teamed up for the first time in 2020 to launch a debit card that offered bitcoin (BTC) rewards in place of conventional reward points.

coindesk - 1241 ngày trước

Bermuda Remains Open To Cryptocurrency Businesses

According to the leader of the British island territory's government in an interview, Bermuda is still open to hosting cryptocurrency enterprises despite the shocking collapse of the cryptocurrency exchange FTX in November 2022. According to Bermuda's Premier and Finance Minister Edward Burt, there are still a lot of advantages to be gained from digital assets and blockchain technology, saying that the future of finance is still digital.

cointelegraph - 1241 ngày trước

United States Government Intends To Sell 41,000 Bitcoin Linked To Silk Road

In connection with a lawsuit involving Silk Road developer Ross Ulbricht, the US government wants to sell over 41,000 Bitcoin. The U.S. authorities had started liquidating about 51,352 BTC seized in the Ulbricht case, according to a March 31 filing with the U.S. District Court for the Southern District of New York due to the sentencing of James Zhong. The lawsuit states that officials sold about 9,861 BTC for over $215 million, leaving 41,491 BTC.

cointelegraph - 1241 ngày trước

Despite Industry Crackdowns, Billionaire Mike Novogratz Is Bullish On Bitcoin And Other Crypto

Mike Novogratz, CEO of Galaxy Digital, thinks that the US government is opposed to the crypto firm as he claims that the collapse of FTX and its creator Sam Bankman-Fried is partially to blame for animosity toward the crypto firm. The CEO of Galaxy Digital claims that the "re-energized" crypto ecosystem gives him reason to be bullish, saying that he's as bullish as he possibly can as a result of the renewed vigor of the revolution's founders.

The Daily Hodl - 1241 ngày trước

For Fourth Month In A Row, Investors Are Pouring Money Into Cryptocurrency Investments

According to the recent data, investment in digital asset products has increased for a fourth consecutive month in March as cryptocurrency values continue to skyrocket. In November, when the sum fell to its lowest level of 2022 due to the bankruptcy of the crypto exchange FTX, assets under control grew to $13.4 billion, up 60% from that month and up 10.9% from February. Also, investments in bitcoin-based products increased 14% to $22.7 billion.

coindesk - 1242 ngày trước

New OCC Fintech Office Is Charged With The Responsibility Of Staying Ahead Of Crypto

A new fintech office is built by the US Office of the Comptroller of the Currency (OCC) in response to changes in financial technology, such as the emergence of crypto assets. The Office will increase its understanding of digital assets, fintech partnership, and other new technology models that affect OCC-supervised banks, according to the Treasury. It would support the supervision of alliances between conventional institutions and fintech firms.

Blockworks - 1242 ngày trước

Charles Hoskinson Claims That Nation-States Will Accept Cardano (ADA) In 5 To 10 Years

If anti-crypto forces do not interrupt, nation-states will adopt Cardano, the smart contract platform within the next ten years, according to Charles Hoskinson, Cardano's developer. Hoskinson informs his 320,000 Youtube subscribers that nation-states would one day depend on the Cardano ecosystem for important activities. However, He claims that some strong forces attempt to maintain a power structure by obstructing the development of crypto and decentralization.

The Daily Hodl - 1242 ngày trước

In The First Quarter Of 2023, Bitcoin Overtakes Other Asset Classes As The Top Performer

Despite a bleak economic forecast, Bitcoin's (BTC) 2023 momentum in an effort to end last year's cryptocurrency winter has led to the digital asset surpassing other investment goods. In particular, Bitcoin has become the highest-performing asset class in Q1 2023, with gains of approximately 70%, making it the digital currency's greatest quarter since Q1 2021. Also, bitcoin gained roughly 103% during the first quarter of 2021.

Finbold - 1242 ngày trước

The Supreme Court of Denmark Highlights That Some Cases Of Bitcoin Gains Are Taxed

The Supreme Court of Denmark's justices have ruled twice on the issue of whether the sale of Bitcoin falls under the definition of a taxable event in specific situations. The Danish Supreme Court stated in a March 30 notice that a party who sold Bitcoin for a profit after purchasing it multiple times and making donations was compelled to disclose the sale as a taxable event, adding that the purchase was done for the aim of speculation.

cointelegraph - 1242 ngày trước

Despite Changing Regulatory Requirements, Coinbase And Kraken Intend To Keep Operating In Canada

The Canadian operations of crypto exchanges Coinbase and Kraken continues as Coinbase Canada has inked an upgraded pre-registration undertaking with Canadian securities regulators. Kraken added that it intends to register as a Restricted Dealer in Canada by submitting a pre-registration undertaking to the Ontario Securities Commission, as data from the OSC revealed that 13% of Canadians hold crypto and that 31% of Canadians intend to buy.

CryptoSlate - 1242 ngày trước

Ledger, A Provider Of Crypto Wallets, Raises $109 Million As Demand For Self-Custody Rises

Ledger, a maker of hardware wallets, raised 100 million euros ($109 million) in a Series C investment round extension, bringing the value of the company at 1.3 billion euros. The initial of three investment rounds is the fundraising as the second closure is scheduled for April, and a third funding will follow at a later time owing to strong investor interest. The money will be used for manufacturing, developing new items, and expanding the firm's distribution system.

cointelegraph - 1242 ngày trước

NFT Initiative Is Launched By The Avalanche Foundation

The Avalanche Foundation started a program to encourage non-fungible token (NFT) artists. Avalanche highlights that their endeavor, called Avaissance, will consist of two components. About fifty digital artists will receive funding, mentoring, and virtual workshop sessions through the initiative's first component and the Mona Lisa Initiative (MLI) which is the second component which consists of a cooperative digital art curation endeavor.

CryptoSlate - 1242 ngày trước

Space Force Major Highlights How Pentagon Can Mine Bitcoin To Maintain Superpower

According to a recent MIT master's thesis by a student majoring in the United States Space Force, bitcoin is not simply a kind of online cash; it is also a weapon the Pentagon can use in contemporary conflict as it mines Bitcoin. Major Jason Lowery asserts that the proof-of-work consensus process used by bitcoin represents a significant shift in the way that superpowers could fight war in a lengthy 400-page dissertation.

Blockworks - 1242 ngày trước

BitGo, A Cryptocurrency Custody Company Released Security Features For Bitcoin Ordinals

BitGo, a supplier of cryptocurrency custodial services, has recently announced security measures aimed at safeguarding owners of Bitcoin (BTC) Ordinals Inscriptions, which let customers encrypt text, photos, and even videos and store them directly on the Bitcoin blockchain. At the end of January, Bitcoin Ordinals were released and that made wallets unable to readily receive, send, or store Ordinals Inscriptions at the time.

coindesk - 1243 ngày trước

Every Ticket Issued By The Argentinean Airline Is An NFT

By distributing e-tickets as non-fungible tokens (NFT's), the low-cost airline Flybondi of Argentina is incorporating Web3 into its ticketing procedure. The NFT ticketing startup TravelX, which began operations in September 2022, is now a part of the new integration, known as Ticket 3.0, which was unveiled on Thursday. The Algorand blockchain-based NFT ticketing solution enables users to autonomously rename, transfer, and sell their "NFTickets."

coindesk - 1243 ngày trước

Citi Claims That The Market For Tokenized Assets Might Reach $4 Trillion By 2030

According to Citi's recent global report, tokenizing financial and physical assets may be the "killer use-case" that blockchain technology needs to achieve its potential. In its March study, Citi stated that almost anything of value may be tokenized. In major economies throughout the world, the bank estimates that up to $4 trillion in tokenized digital securities and up to $5 trillion in central bank digital currency may be in circulation.

theblock - 1243 ngày trước

Citi Claims That The Market For Tokenized Assets Might Reach $4 Trillion By 2030

theblock - 1243 ngày trước

BaFin License For Cryptocurrency Custody Obtained By Stuttgart Stock Exchange Unit

The country's financial authority, BaFin, has granted Blocknox, a division of Boerse Stuttgart's digital unit, the final authorization to act as a crypto custodian. The license allows Boerse Stuttgart Digital to offer fiduciary custody and services for crypto trading to institutional clients, according to an email from Germany's second-largest stock exchange. It expects that banks, brokers, asset managers, and family offices will use the offering.

coindesk - 1243 ngày trước

Japan's Finance Ministry Will Investigate The Viability Of A Digital Yen

Public broadcaster NHK claimed without citing a source that Japan's finance ministry intends to convene an expert group next month to examine the viability of a digital yen. The panel is anticipated to talk about developing a framework for a digital currency using the results of the Bank of Japan's (BOJ) more than two years of proof-of-concept tests. Also, a pilot program for the digital yen was launched, involving the BOJ and other financial players.

coindesk - 1243 ngày trước

Singaporean Women Are Outperforming Males In Cryptocurrency Trading

A survey by crypto exchange Independent Reserve found that Singaporean women are more likely than Singaporean men to profit or at least break on their crypto investments. Compared to 72% of men, 76% of women reported are breaking even on their crypto investments. The study results said that this was the first instance of females exceeding their male colleagues since the introduction of the Independent Reserve Crypto Index in Singapore in 2021.

cointelegraph - 1243 ngày trước

Polygon Will Collaborate With Web3 Infra Protocol To Fight NFT Scams

In order to enable NFT authentication, Wakweli, a Web3 infrastructure protocol that gives certificates of authenticity for nonfungible tokens (NFT), has formally partnered with layer-2 scaling platform Polygon. The recent relationship between the two businesses has opened a clear means to fight fraud attempts by offering a channel for detecting fake non-fungible tokens (NFTs), increasing trust in the burgeoning ecosystem.

cointelegraph - 1243 ngày trước

OKX Seeks To Expand In Australia, Citing Great Interest For Cryptocurrency

Seychelles-based crypto exchange OKX believes Australia is ready to lead the next wave of cryptocurrency adoption as it indicated its intention to expand its cryptocurrency services to Australia. Australia would be a crucial market for the company's future expansion as it serves more than 100 nations. OKX had expanded its operations into Malta in August 2018 and obtained a provisional license in Dubai in July of that same year.

cointelegraph - 1244 ngày trước

Chile Now Offers Crypto Trading Thanks To Latin American E-Commerce Giant, Mercado Libre

By market value, Mercado Libre is the largest e-commerce company in Latin America. Through its digital wallet, Mercado Pago, it has currently made cryptocurrency trading possible in Chile. According to Osvaldo Gimenez, the fintech sector head of Mercado Libre, customers of Mercado Pago in Chile can now exchange bitcoin (BTC) and ether (ETH) for a minimum of 50 Chilean pesos which is about 6 cents, as stated in a LinkedIn post.

coindesk - 1244 ngày trước

Australian Senator Offers A Private Bill To Speed Up Cryptocurrency Regulation

The Australian Parliament received a new bill that proposes rules for the country's crypto service providers which provides a regulatory framework for crypto exchanges, custody services, and stablecoin issuers. To protect users and promote investors, Senator Andrew Bragg introduced a private senators' bill named Digital Assets (Market Regulation) Bill 2023 that includes regulatory suggestions for stablecoins, licensing of exchanges, and custody requirements.

cointelegraph - 1244 ngày trước

Stablecoin Interoperability Pilot Is Launched By Japanese Megabank Mitsubishi UFJ

A stablecoin interoperability pilot has reportedly been launched by domestic blockchain firms and Japanese megabank Mitsubishi UFJ Financial Group. On March 28, Mitsubishi UFJ Trust and Banking said that they were cooperating to develop a platform for seamless transfers and trades across different stablecoins that would be introduced in Japan as it will utilize regional digital currencies that were being considered for launch.

cryptonews - 1244 ngày trước

Rich Dad Poor Dad's Author Claims That Now Is The Best Time To Purchase Bitcoin

The author of the best-selling book "Rich Dad, Poor Dad" and former real estate investor Robert Kiyosaki has shared in a tweet why it makes sense to invest in Bitcoin and other important assets right now. He further confirmed that wealthy brands are on sale and now urges his followers to start investing in "wealthy brands," such as Prada and Polo shares, along with gold, silver, and Bitcoin, before they become more expensive.

U.Today - 1244 ngày trước

The Cryptocurrency Industry Introduced Almost 1,000 New Coins In 2023

Despite intense regulatory pressure in recent months, the cryptocurrency market has shown notable resilience, as evidenced by both the rising values of its most valuable assets and the growth in the number of new cryptocurrencies entering the market. Recent digital asset market data tracking 23,095 cryptocurrencies reveals that 938 new digital assets had been added to the global cryptocurrency market as of March 29, 2023.

Finbold - 1244 ngày trước

Popular Investing Applications Hits A Milestone Of 100 Million Downloads

Recent data shows that six popular investment applications have cumulatively received 131.22 million downloads worldwide since their launch. The downloads span the time between February 2023 and 2015, according to the data. Robinhood has received 50.08 million downloads, or 38% of all downloads for the top neoboker apps combined. Webull is ranked second with 22.52 million downloads, or nearly half of Robinhood's total, and eToro is ranked third with 21.93 million downloads.

Finbold - 1244 ngày trước