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Crypto News

First Intel-Powered Bitcoin Mining Machines Are Deployed By Hive Blockchain

Hive Blockchain (HIVE), a bitcoin mining company, announced on Friday that it had deployed its first machines using Intel's (INTC) Blockscale CPUs. The new chips not only have the ability to end Bitmain and MicroBT's effective monopoly on the mining machine market, but they also provide mining businesses the freedom to create machines that exactly match their needs, which is a significant change from the products of those other manufacturers.

coindesk - 1319 ngày trước

MetaMask Staking Launches An Integration Of Lido And Rocket Pool Liquid Staking

Due to a recent integration, users of MetaMask will soon have access to Lido and Rocket Pool, two Ethereum liquid staking providers. With the aim of enhancing the decentralization and security of the Ethereum blockchain, MetaMask Staking will enable users access to stake their Ether via the Lido and Rocket Pool protocols and also have the ability to compare reward rates, network control, and popularity of various liquid staking providers.

cointelegraph - 1319 ngày trước

VC Giant Sequoia Capital Is Still Optimistic About Crypto

Sequoia Capital is still optimistic about its investments in cryptocurrencies despite the challenges facing the venture capital industry and its portfolio holdings. Sequoia's seed-early partner Alfred Lin said this week that the company would continue to be committed to investing in cryptocurrencies. According to Lin, the industry leader in venture capital is still upbeat about the long-term prospects of the crypto sector.

U.Today - 1319 ngày trước

Crypto-to-fiat Debit Cards From Huobi And Solaris Are Now Available In The EU

The creation of a crypto-to-fiat debit card was announced by the cryptocurrency exchange Huobi in collaboration with the European financial services company Solaris. Users of Huobi may utilize their digital assets at points of sale all across the world thanks to the scheme, which has been approved by Visa. Starting in the second quarter of 2023, users who live in the European Economic Area (EEA) will have access to the card.

cointelegraph - 1319 ngày trước

Custom-built Sidechains Will Help The Cardano Ecosystem Grow

The creators of the Cardano ecosystem, Input Output Global (IOG), will make a software toolkit available to developers in late January 2023, allowing them to create unique sidechains on Cardano which enhances the ecosystem. The information was released on January 12 by IOHK, a blockchain engineering firm founded by Charles Hoskinson that is now known as IOG. The announcement included the official technical documentation for the sidechain toolkit.

cointelegraph - 1319 ngày trước

U.S Major Hemp Processor Enters The Sustainable Bitcoin Mining Market

The largest midstream hemp processing company in the U.S, Generation Hemp Inc., has changed its name to Evergreen Sustainable Enterprises, citing a focus on sustainable energy projects where bitcoin mining operation is its first project in Costa Rica. According to a news statement, the firm has acquired 80% of Toro Energa Sociedad Anonima ("Toro"), a Costa Rican organization that owns a hydroelectric dam that will power Bitcoin mining equipment.

Bitcoin Magazine - 1319 ngày trước

Global Crypto Market Capitalization Aims For $1Trillion Mark After $20Billion Inflow In 24 Hours

After weeks of consistent selling, buying pressure is now present on the global crypto market, which sparked the market's momentum by increases in assets like BTC. The global crypto market had a capitalization of $910.56 billion as of January 12 which indicates a 24 hour inflow of around $22.27 billion. Right now, the crypto capitalization is just over $900 million from surpassing the $1 trillion mark that was last reached in early November 2022.

Finbold - 1319 ngày trước

El Salvador Represented By A Miss Universe Competitor Wearing A Bitcoin Inspired Outfit

Alejandra Guajardo, an actress and model, represented El Salvador in the Miss Universe 2022 preliminary competition by walking across the stage while dressed in Bitcoin costume. Guajardo posted a photo of herself on her Instagram account on January 12 with a giant colón, one of the country's accepted currencies until 2001, strapped to her back, decorated with cocoa beans and was also holding a staff with a substantial actual BTC on top in her right hand.

cointelegraph - 1320 ngày trước

Decentralised Gifting Platform Gifto Has Announced It's Roadmap

Gifto is a Gifting platform for which enables users to gift NFTs, tokens and e cards to their loved ones. Gifto has also announced the first ever web3 wallet on the BNB chain, as well as new token GTF on the BNB chain, which support staking and other yield farming opportunities. Gifto's mission is to provide a platform for content creators and fans to monetize their NFT's and use them as gifts.

gifto - 1320 ngày trước

Despite The Crypto Winter, Binance Will Increase Its Workforce By 15% To 30%

Despite the instability in the crypto market, crypto exchange Binance has chosen to continue a hiring drive, especially given that competitor exchanges have been continuously firing staff. Changpeng Zhao, CEO of Binance, stated in the Crypto Finance Conference in St. Moritz, Switzerland, that the crypto exchange plans to boost its workforce by 15–30% in 2023 and also increase the 5,000 employees that were employed previously with the new hiring drive.

Bitcoinist.com - 1320 ngày trước

Polygon Plans A Hard Fork In January To Handle Reorganizations And Rising Gas Prices

To deal with gas surges and improve the security of blocks on the sidechain network, the developers at Polygon PoS blockchain advocated the introduction of a hard fork software upgrade. A note provided on the change, suggested by the Polygon Labs engineers, is scheduled to occur on January 17. The hard fork, if accepted by the community, will try to lessen the effects of transaction price increases and chain reorganizations.

theblock - 1320 ngày trước

The Chinese Central Bank's Report On Currency Circulation Includes Digital Yuan

In a report on financial data for 2022 that was made public on January 10, the People’s Bank of China, or PBoC said that as of December 31, there were 13.61 billion digital yuan in circulation, which were worth around $2 billion at that time. In December, the amount of money in circulation increased by 15.3%, with a total money supply of 266.43 trillion yuan and the PBoC claimed that the growth rates had not changed noticeably.

cointelegraph - 1320 ngày trước

Cardano Developers Showcase The First-Ever Smart Contract In Python

The smart contracts for this network, which are built in a "basic pythonic programming language," were shown by a group of Cardano (ADA) developers. A sample Cardano smart contract created in the innovative Pythonic programming language Eopsin was released by the Cardano (ADA) development team known as @ImperatorLang. The next product on the agenda, according to the developers, is integration with Pycardano, a compact Cardano library built in Python.

U.Today - 1320 ngày trước

Shiba Inu Whale Transacts 3,333,256,285,484 SHIB In One Huge Move

Shiba Inu (SHIB) coins were recently traded in huge quantities by a wealthy crypto investor as the dog-themed digital asset grows in popularity on exchanges. Whale Alert, a blockchain tracking service, claims that on January 10, an unidentified whale transferred 3,333,256,285,484 SHIB, which was valued at $30,262,633 at the time. Even though there was a substantial quantity of crypto involved, the whale only had to pay $4.24 in transfer costs.

The Daily Hodl - 1320 ngày trước

Bitcoin ETF Is Listed By Samsung Asset Management On The Hong Kong Stock Exchange

According to local media sources, Samsung Asset Management has been given permission to list its Bitcoin (BTC) Futures Exchange Traded Fund (ETF) on the Hong Kong Stock Exchange by January 13. In order to give regular investors access to crypto assets, the Hong Kong Securities and Futures Commission (SFC) announced intentions to permit ETF providers to offer futures contracts on its exchanges on October 31. As a result, Samsung Asset Management submitted a request to make its Bitcoin Futures ETF available for trading.

cryptoslate - 1320 ngày trước

As Bitcoin Experiences Massive Accumulation, 13% Of The Supply Returns To Profit

As new information suggests that the BTC price has laid the "foundation" of a macro bottom, bitcoin hodlers are now in profit. According to the most recent data from on-chain analytics company Glassnode, 13% of the circulating BTC supply was profitable at $18,200. Bitcoin is back on bulls' radar after gaining around 5% in the last day. Analysis states that with the price of Bitcoin near one-month highs, the significance of the trading range that has spanned many weeks is much more obvious.

cointelegraph - 1320 ngày trước

A $1 Billion Web3 Fund Is Launched By UAE Investor Groups

Venom Foundation, based in Abu Dhabi, and Iceberg Capital have partnered to invest $1 billion in a variety of web3 applications. The Venom Ventures Fund wants to invest in novel protocols and Web3 dApps also in DeFi, banking services, and GameFi. The announcement to invest new funds in the crypto area comes at a difficult time for the industry, which is currently recovering from a lengthy crypto winter that has seen market prices collapse.

theblock - 1321 ngày trước

El Salvador Passes A Bill Approving A Bitcoin Bond

According to a report on January 11, El Salvador has passed a law that permits the nation to sell Bitcoin-backed bonds. With 62 votes in favor and 16 votes against, the bill was approved by the nation's Congress. The suggested bonds are a component of a broader crypto plan. The proceeds from those bonds will be used by El Salvador to fund President Nayib Bukele's proposed project to create a "Bitcoin City" next to Conchagua, a coastal volcano.

cryptoslate - 1321 ngày trước

Avalanche Blockchain Nodes Can Now Be Launched By Amazon Web Services Users

Ava Labs, the company behind Avalanche, provides crypto infrastructure via Amazon Web Services (AWS) in order to promote corporate, institutional, and government use of blockchain nodes. Avalanche is a blockchain that is designed to support NFTs, Web3 games, and a special technology it calls "Subnets." Subnets work like custom blockchains built on Avalanche, but can have different rulesets and even use their own token to pay for network gas fees.

Decrypt - 1321 ngày trước

WazirX Publishes Proof Of Reserves With The Majority Of Funds In Binance Wallets

The Indian crypto exchange WazirX is the most recent to follow the proof of reserve trend, displaying it using Coin Gabbar, a third-party website for tracking crypto assets. WazirX had over $285 million in total user assets stored in Tether. The statement claims that 90% of user assets on WazirX are held in Binance wallets, with the other 10% being held in wallets that support both hot and cold storage.

cointelegraph - 1321 ngày trước

Binance Receives Its Seventh European Approval And Registers With A Swedish Regulator

The Financial Supervisory Authority of Sweden has accepted Binance's registration, making it the seventh European country to give the crypto exchange license. After registering in France, Italy, Lithuania, Spain, Cyprus, and Poland, Binance has now done so in Sweden. According to the announcement from Binance, Swedish citizens will now be able to use the exchange's Visa card, its staking service, and buy and sell cryptocurrencies in euros.

coindesk - 1321 ngày trước

Turkish Automaker, Togg Partners With Metaco For Cryptocurrency Custody And Governance

Togg, a Turkish automobile firm, has established a cooperation with Metaco, a developer of digital asset custody and orchestration systems, to safeguard its Avalanche-based open mobility network. Togg's digital assets will be safeguarded and governed through the use of Metaco's digital asset custody and orchestration solution, Harmonize. Metaco's technology gives Togg complete control over its encrypted data, workloads, and encryption keys.

cointelegraph - 1321 ngày trước

Hong Kong Will Propose Approved Some Cryptocurrency Tokens For Retail Trading

In an effort to bring more transparency and regularity to the crypto market, Hong Kong's Securities and Futures Commission (SFC) will permit retail trading in a number of cryptocurrencies. At a panel discussion at the Asian Financial Forum in Hong Kong, CEO of SFC Julia Leung stated that the watchdog intends to propose a subset of tokens that will be approved and only "highly liquid" assets will be included on the list.

coindesk - 1321 ngày trước

Leading Bloomberg Strategist Expresses Shock Over Ethereum's Performance

The top two cryptocurrencies by market capitalization, according to Mike McGlone, senior macro strategist at Bloomberg Intelligence, remind him of Netflix's early years. McGlone believes that despite the volatile market conditions, Bitcoin (BTC) and Ethereum (ETH) would perform better than commodities. He added that the important thing is that Ethereum is one of the best-performing assets, a fact that has startled him and which he continues to support.

The Daily Hodl - 1321 ngày trước

Binance.US and Voyager Deal Gets First Approval Amid National Security Probe

Voyager Digital, a bankrupt cryptocurrency lender, has gained preliminary court clearance for its plan to sell $1.02 billion worth of assets to Binance.US. The permission comes as Voyager works to expedite a national security investigation into Binance.US. On Jan. 10, Judge Michael Wiles of the United States Bankruptcy Court for the Southern District of New York permitted Voyager to enter into the asset purchase agreement and seek creditor approval.

cointelegraph - 1322 ngày trước

A Ripple Executive Anticipates TradFi To Acquire More Cryptocurrencies In 2023

Sendi Young, the managing director for Europe at Ripple, predicts that the blockchain and cryptocurrency sector will see a lot more acquisitions, which will assist businesses and startups fill in the holes in their skills, and further strengthen the sector. Young also anticipated that businesses in the traditional finance (TradFi) sector and other well-established industries will acquire cryptocurrency and blockchain firms in 2023.

cointelegraph - 1322 ngày trước

Cryptocurrency Grows Popularity On Becoming An Investment Option In Chile In 2022

Latam nations that have seen large depreciation and inflation are starting to look to cryptocurrencies as a form of investment. In 2022, crypto has become one of the third most popular investment options on the market in Chile, one of the five nations in the region with worst inflation rates. The data came from a poll conducted by Boston-based global consulting company which looked into the most investment opportunities for the nation in 2022.

Bitcoin News - 1322 ngày trước

Internet Juggernaut Wix Has Integrated CoinGate Into Its Cryptocurrency Payment Service

Wix.com, which takes cryptocurrency payments from its clients in Germany, Lithuania, Spain, and the Netherlands, has integrated with CoinGate, a prominent European cryptocurrency payment gateway. The CoinGate e-commerce payment gateway is now available to Wix store owners in German, Lithuanian, Dutch, and Spanish. Customers can purchase Bitcoin and more than 70 other cryptocurrencies from Wix merchants who use Coingate as a payment processor.

Finbold - 1322 ngày trước

Nigeria Will Develop A Regulatory Framework For Stablecoins And ICOs

Nigeria, as one of the world's early adopters of its own central bank digital currency (CBDC), expresses its willingness to allow the existence of private stablecoins as well. The recent central bank strategy document emphasizes the importance of developing a legal framework for stablecoins. According to the document, a framework is required since stablecoins are expected to become a successful payment system in the country.

cointelegraph - 1322 ngày trước

Crypto Market Is "Pretty Clean," At The Moment, According To Mike Novogratz

The CEO of Galaxy Digital, Mike Novogratz, stated that the outlook for cryptocurrencies is neither excellent nor terrible during a recent interview with CNBC. He believes that despite negative news this month, the values of Bitcoin and Ethereum maintained constant because leveraged traders sold their positions, creating what Novogratz refers to as a "clean market." The cryptocurrency tycoon emphasized, right now, the market is pretty clean.

U.Today - 1322 ngày trước

Despite Continued Sanctions, Russia Will Start Developing The CBDC Settlement System

In the midst of continuous sanctions imposed in retaliation for its invasion of Ukraine, Russia's central bank is ready to start creating a cross-border settlement system utilizing a central bank digital currency (CBDC). According to a recent article, Russia's central bank will explore two potential cross-border settlement solutions as part of its intentions to move forward with the introduction of the digital ruble in the first quarter of 2023.

cointelegraph - 1322 ngày trước

The Dubai Free Zone Is Now Home To Over 500 Cryptocurrency Startups

Dubai claims to have attracted more than 500 crypto firms to its burgeoning digital asset ecosystem. The Dubai Multi Commodities Centre (DMCC) announced recently that it registered over 3,000 new enterprises last year, a 23% increase from 2021. According to information from the group, 343 of those were digital asset firms entering DMCC's "Crypto Center," implying that roughly 150 crypto-related startups were added in 2021.

blockworks - 1322 ngày trước

Flare, A Layer 1 EVM Platform From Oracle, Debuts To Promote DApp Interoperability

With the debut of two key protocols intended to fuel decentralized interoperability apps, Flare, a new layer-1 Ethereum Virtual Machine blockchain platform, has gone live. The platform acts as an oracle network that enables programmers to create applications that are intended to work with various internet platforms and services as well as blockchains and to provide the network with useful data and make it easier to develop cross-chain solutions.

cointelegraph - 1323 ngày trước

Cardano (ADA) Is Seeing A Significant Increase In Whale Transactions

Cardano (ADA) has had a 25% gain in price over the last seven days, which appears to be related to an increase in trade volumes as well as new address holders. According to analytics firm Santiment, 28 distinct addresses containing over a million ADA tokens have appeared on the network, with over one million ADA held. Cardano trading volume has also reached a two-month high, according to data sources.

U.Today - 1323 ngày trước

213.8 BTC Were Produced By HIVE Blockchain In December 2022

In December 2022, HIVE Blockchain installed 1,423 of its BuzzMiner BTC miners and generated 213.8 Bitcoin (BTC), earning $3.15 million in addition to the BTC generated. The update revealed that 212 BTC were generated by HIVE's ASIC mining operations, while an additional 1.4 BTC were generated by its GPU mining operations throughout the course of the month. The figures show an average production of 6.9 BTC each day and 113.2 BTC per Exahash.

cryptoslate - 1323 ngày trước

A French Regulator Advocates For Swift Issuance Of Cryptocurrency Licenses To Businesses

The newest organization in France to demand for lawful regulations of cryptocurrency operators is the Autorité des marchés financiers (AMF), which oversees the country's financial markets. According to Marie-Anne Barbat Layani, the AMF's head, the organization is particularly pressing for an obligatory and quicker registration of cryptocurrency businesses that aren't authorized to provide services all through the nation.

Finbold - 1323 ngày trước

Despite A Winter Storm, Core Scientific Improves Bitcoin Production

Core Scientific, a bitcoin mining company, increased its monthly production of bitcoin by 5.8% in December despite having to reduce it due to a fierce winter storm. Between November and December, the company's self-mining hashrate grew from 15.4 EH-s to 15.7 EH-s, boosting bitcoin production. Due to power price increases and requests from grid operators, the storm last month forced numerous businesses to temporarily suspend operations.

theblock - 1323 ngày trước

$28 Billion Added To The Cryptocurrency Markets In 24 Hours As Bulls Drive Prices Higher

The crypto market is seeing upward momentum as we start the second week of 2023, leading cryptocurrencies like BTC and ETH have regained important levels as a result of the bullish trend. As of January 9, the crypto sector capitalization was $853.57 billion, showing that the market is undergoing buying pressure. From the $824.86 billion reported on January 8 to the $28.71 billion added over the past 24 hours, the market has experienced growth.

Finbold - 1323 ngày trước

Mexican CBDC Is Not Anticipated To Be Ready By 2024

The construction of the Mexican government's own digital peso, which would be introduced in 2024, was announced through social platforms on December 29, 2021. However, the recent information from Banxico, the nation's central bank, indicates that this timeframe is becoming less and less likely to be met. Local sources also claim that the development of the Mexican central bank's digital currency (CBDC) is still in its early stages.

Bitcoin News - 1323 ngày trước

Hong Kong Continues With Plans For A Crypto Hub As Tech Companies Express Interest

Despite a string of crypto exchange failures, Hong Kong will continue to press forward with the development of the Web 3.0 economy, aiming to become a regional hub for the nascent industry, said Paul Chan, the city's financial secretary. However, after China outlawed crypto transactions on the Chinese mainland in Sept 2021, Hong Kong published policy documents about crypto and blockchain in Oct 2022, saying its efforts to reposition the city as a regional hub for the crypto firm.

Forkast - 1324 ngày trước