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Cardano DeFi Hits A Two-Month High As The Price Of ADA Rises

In terms of total value locked, Cardano DeFi has surpassed a two-month high as the price of Cardano increases. According to DeFiLlama, the TVL locked across the Cardano ecosystem has increased 40% since the start of this year. The amount has now risen to $90 million, marking the biggest point since the start of November. The number is still minuscule in comparison to Ethereum or BNB Chain, but it has recently surpassed them in terms of growth.

BeInCrypto - 1324 ngày trước

14 Years Satoshi's Bitcoin Software Has An Unbelievable Revolutionary Effect

When Satoshi Nakamoto unveiled Bitcoin 0.1, the original version of the program that is now known as Bitcoin Core, he made history fourteen years ago. Since its creation 14 years ago, both large corporations and emerging technology companies have adopted this ground-breaking protocol globally, releasing goods that make use of tokenization, smart contracts, or other applications based upon blockchain, the technology that powers Bitcoin.

U.Today - 1324 ngày trước

Ethereum Developers Plans February For Public Testnet On Shanghai Upgrade

According to a recent core devs teleconference, the Ethereum network upgrade scheduled for Shanghai would only concentrate on ether (ETH) withdrawals. The Shanghai upgrade will enable validator staking withdrawals, which are currently not possible on the network. According to Christine Kim, a research scientist at Galaxy who was on the call, developers want to provide a public test network for the Shanghai upgrade by the end of February.

theblock - 1324 ngày trước

Arbitrum Nova Now Has Support From The Largest NFTs Marketplace, OpenSea

Arbitrum Nova is now supported by OpenSea, the largest marketplace for digital collectibles and non-fungible tokens (NFTs). Because OpenSea has integrated NFTs on this blockchain, users can utilize Nova as a cheaper alternative to Ethereum when purchasing or selling digital collectibles. Arbitrum Nova collections, according to OpenSea, will be combined with other Arbitrum collections on the OpenSea website.

theblock - 1324 ngày trước

Dogecoin (DOGE) Becomes 4th Most Popular Crypto on BitPay

In a screenshot from BitPay payment processor, Dogecoin supporter @Tdogewhisperer claims that DOGE is now the fourth most used cryptocurrency by users of the renowned crypto payments processor. DOGE is the fourth most popular cryptocurrency after Bitcoin Cash, Ethereum, and Bitcoin (BCH). Other well-known coins, such as XRP, LTC, and others, come lower. This BitPay list is closed by the SHIB meme token, which is the second-largest by market cap after Dogecoin.

U.Today - 1324 ngày trước

Thai SEC Opens Crypto Academy To Aid Investors In Digital Assets

The Securities and Exchange Commission (SEC) of Thailand stated that a Crypto Academy had been established to offer free online materials and courses on digital assets. The initiative's goal, according to the regulator, is to give the general public comprehensive knowledge of digital assets and blockchain technology before they invest. The regulator added that the more people understand their investments, the lower the risk will be.

Bitcoin News - 1325 ngày trước

Record-Setting Difficulty Rises As Bitcoin Hashrate Rises To All-Time High

The first week of the year has seen a spike in the computing power of Bitcoin as it surpassed its first record since 2023. As of January 7, statistics show that Bitcoin's hashrate has stabilized around 290 EH-s after hitting its all-time high the day before. The Nov. 12, 2022 record of about 347.16 EH-s, printed at block height 762,845, was surpassed by the record of 361.20EH-s at block height 770,709 that was set on January 6 by more than 4%.

Bitcoin News - 1325 ngày trước

McKinsey Analysis Reports That The Metaverse Might Produce $5 Trillion In Value By 2030

The hype around emerging cryptocurrency sub-ecosystems, including non fungible tokens (NFT's), was somewhat down by the 2022 bear market, but the Metaverse is still well-positioned for long-term disruption. According to a McKinsey & Company analysis, the metaverse has the potential to create up to $5 trillion in value by 2030, taking into account the numerous consumers and business-focused use cases it may support.

cointelegraph - 1325 ngày trước

Singapore Lobbyists Are Against The Planned Total Ban On Lending Cryptocurrency Tokens

The central bank's proposal to forbid crypto businesses from lending crypto tokens has drawn criticism from a Singapore-based lobbying organization for the cryptocurrency industry. Singapore's central bank, on October 26 suggested prohibiting providers of digital payment token services from providing customers with any credit facility, including both fiat currency and cryptocurrencies. The Blockchain Association of Singapore (BAS) thinks it might be too limiting, though.

cointelegraph - 1325 ngày trước

Unknown Crypto Whale Suddenly Transfers 3,373,256,285,484 Shiba Inu (SHIB) In A Huge Transaction

An unidentified wallet transferred more than 3.37 trillion SHIB worth $28.7 million to another unknown wallet as the network looks to soon undergo a layer-2 upgrade, according to blockchain tracker and whale-surveying platform Whale Alert. A gas fee of 0.00179 ETH, or $2.46, was charged for the transaction. According to Etherscan data, the sending wallet currently has a zero SHIB balance while the receiving wallet is holding the entire amount transmitted.

The Daily Hodl - 1325 ngày trước

Animoca Reduces The Web3 Fund's Fundraising Goal By Half To $1 Billion

The amount that Animoca Brands hoped to raise for a new web3 and metaverse investment fund has been cut in half. Yat Siu, the chair of the Hong Kong-based business, stated in a Twitter Spaces interview that it is now aiming to fund close to $1 billion for Animoca Capital this quarter. Siu had previously stated to Nikkei that Animoca will aim to raise $2 billion for the fund, which would be used to make mid- to late-stage investments in the industry.

theblock - 1325 ngày trước

One Of Top Investment Bank, Morgan Stanley Now Holds Bitcoin

One of the largest investment banks in the world, Morgan Stanley, which manages $6.5 trillion in assets, holds bitcoin on behalf of their fund clients. According to a filing, the Morgan Stanley Europe Opportunity Fund purchased GBTC, or the Grayscale Bitcoin Trust, which holds actual spot bitcoin, for a total of $3.6 million. According to its stated investment strategy, the Fund may invest up to 25% of its total assets in a wholly-owned subsidiary of the Fund.

Trustnodes - 1326 ngày trước

Polygon Is Used By Mastercard For The Web3 Artist Accelerator

At the Consumer Electronics Show in Las Vegas, Nevada, Mastercard declared that the Mastercard Artist Accelerator is now available using the Polygon blockchain. The program's goal is to teach musicians to grow their brands by creating a community, minting NFTs, and an online presence. By using the accelerator to connect musicians around the world, with mentors in Web3, Mastercard claims to create a venue for music content creation and ownership.

Decrypt - 1326 ngày trước

Bitcoin Addresses With Over 10 BTC Hits Two-year High Of 155,286

Over the past months, bitcoin addresses have alternated between accumulation and dumping. Although the market has been open for over a week in 2023, growth has been steady. Glassnode Alerts shows that there are 155,286 number of bitcoin addresses with balances of over 10 BTC, which is a new two-year high. The price of the digital asset had experienced numerous little pumps and dips for a long time.

Bitcoinist.com - 1326 ngày trước

Binance Joins An Organization To Ensure Worldwide Sanctions Compliance

In an effort to adhere to international sanctions, Binance has joined the Association of Certified Sanctions Specialists, or ACSS, as one of the first cryptocurrency companies. Binance stated that its staff members responsible for sanctions compliance would attend training as part of the ACSS certification procedure. The organization issued a test covering information and abilities common to all sanctions professionals in diverse employment situations.

cointelegraph - 1326 ngày trước

Head Of French Central Bank Wants Crypto Licensing Before MiCA Standards

According to a Bloomberg article, Francois Villeroy de Galhau, governor of the Bank of France, is pushing for stronger regulatory standards for cryptocurrency businesses in France. This would come before the historic Markets in Crypto Assets (MiCA) law of the European Union, which is slated for voting in February for implementation in 2024 and would establish a bloc-wide licensing scheme for cryptocurrency enterprises.

coindesk - 1326 ngày trước

Charles Hoskinson Claims That His New Major Clinic Accepts ADA For Payment

Charles Hoskinson, the millionaire and mathematician who founded Cardano Blockchain, said on Twitter that his recently opened clinic, the Health and Wellness Clinic, will accept Cardano's token, ADA as a form of payment when it opens for business next month. Charles Hoskinson further responded positively to a question from a commentator about whether they could make payments in ADA.

U.Today - 1326 ngày trước

Since The Crypto Tax Rules, Indians Transferred Over $3.8 Billion To Foreign Exchanges

After the nation announced strict crypto tax policies in February of last year, Indians transferred more than $3.8 billion in trading volume from local to international cryptocurrency exchanges, according to a report by the Esya Centre, a New Delhi-based think tank for technology policy. The analysis further offers the first monetary assessment of how India's contentious cryptocurrency tax legislation will affect domestic exchanges.

coindesk - 1326 ngày trước

Bitcoin Exchange, Mt. Gox Extends The Deadline For BTC Repayment Registration

The registration deadline for the BTC refund process at the bankrupt Bitcoin exchange Mt. Gox has been extended from January 10 to March 10, according to a recent announcement. The Japanese exchange said on October 6, 2022, that it had created a registration page for all impacted creditors to enter their payee information and choose a mode of repayment in preparation for distributing roughly 137,000 BTC.

cryptoslate - 1326 ngày trước

Microsoft Executive Says Metaverse Is A Must Have For The Future

Microsoft (MSFT), a technology business, is clinging tenaciously to its metaverse future. According to Microsoft Chief Strategy Officer Henry Bzeih, the future of customer and business connections will likely be a hybrid model as the world becomes increasingly digital. Microsoft Chief Strategy Officer Henry Bzeih further asserted that the metaverse must be taken into account while discussing the entire consumer experience.

coindesk - 1326 ngày trước

Almost Four-year Dormant Bitcoin Whale Moves $250 Million Recently

An almost four-year-old inactive Bitcoin wallet abruptly sent $250 million to an unidentified Bitcoin address. The account that was given the money now has about $500,000,000 worth of Bitcoin. The ancient whale's wallet was worth more than $1 billion when Bitcoin reached its all-time high. The whale initially acquired 15,000 BTC in 2019, but it wasn't until recently that he moved them back to another wallet.

U.Today - 1327 ngày trước

In January, Solana's (SOL) Daily Active User Base Increased By 50%

The number of daily active users of the Solana blockchain has grown by 56,000, or 55.9%, since the start of 2023, according to the cryptocurrency statistics platform Token Terminal. The number of daily users on Solana has reached 160,000, which is the highest level since the FTX meltdown in November. The excitement created by Bonk Inu, BONK on Solana, is the first factor contributing to the Solana resurgence at the beginning of the year.

U.Today - 1327 ngày trước

CBDC's Digital Yuan Pilot Is Running Steadily, According To The People's Bank Of China

The People's Bank of China (PBoC) has announced that the central bank's trial of digital currency was running steadily. The comment was made at the People's Bank of China's 2023 Working Conference. It was simple to come to a conclusion. The pilot for the digital yuan was operating steadily, according to the PBoC. This is not unexpected considering that the country has actually been rapidly expanding the size and scope of the CBDC.

BeInCrypto - 1327 ngày trước

Avalanche NFTs Can Now Be Sold By Shopify Merchants Through Their Online Shops

There is no requirement for any of Shopify's millions of merchants to direct clients to a specialized market place like OpenSea or Magic Eden if they want to sell NFTs. Instead, they can use one of Shopify's blockchain apps to mint and list NFTs on Avalanche thanks to Venly's new support expansion. Avalanche support has been expanded by Venly, a blockchain technology startup, via its Shopify NFT minting app.

Decrypt - 1327 ngày trước

According To Bloomberg's Mike McGlone, Ethereum Will Outshine Bitcoin In 2023

According to a recent analysis by Bloomberg commodity expert Michael McGlone, Ethereum has performed better than Bitcoin, despite the poor price performance of the majority of risky assets in 2022. After switching to proof-of-stake in September, Ethereum's growth may have reached a turning point, making it more competitive with Bitcoin and the stock market. The $1,000–$2,000 area, in his opinion, serves as an important support and resistance level for Ethereum.

U.Today - 1327 ngày trước

LG Electronics Aims To Make TVs Compatible With Metaverse Systems

To bring the metaverse to viewers, South Korean electronics giant LG Electronics announced partnerships with cloud-based technology provider Oorbit and Pixelynx, a firm developing an integrated music, gaming, and Web3 ecosystem. The partnership will make it simpler for users to interact in the metaverse by enabling viewers to explore connected virtual worlds, concerts, and AI multiplayer games through their LG TVs.

cointelegraph - 1327 ngày trước

Nigerian Cryptocurrency Exchange Roqqu Receives European Union Virtual Currency License

According to a public statement from the company, the Nigerian cryptocurrency exchange Roqqu just received a license from the European Union (EU) for virtual currencies, allowing it to serve customers in 28 different European nations. Users of Roqqu crypto exchange, even non-Nigerians, are now able to trade digital currencies and take part in the non-fungible token (NFT) market thanks to this recent license.

Bitcoin News - 1327 ngày trước

Over 60% Of Cryptocurrency Payments Was Made In eCommerce In 2022

In a research analysis released by CoinGate, a cryptocurrency payment processor, it was found that despite the "crypto winter," more people were found to be using cryptocurrencies for online transactions in 2022. According to the analysis, 927,294 cryptocurrency payments were made to CoinGate merchants in 2022, a figure that is approximately 2.7 times more than the annual average and a 63% rise from 2021.

Finbold - 1328 ngày trước

The Annual Bitcoin Production Of The US Bitcoin Miner Increased By 200% In 2022

In addition to announcing their December 2022 bitcoin mining update, Cleanspark, a publicly traded bitcoin miner situated in Las Vegas, Nevada, also provided CEO reflections on 2022. According to Zach Bradford in a press statement, with the amount of mining sites they own and run throughout Georgia following its fleet expansion, they were able to increase their annual bitcoin production by over 200%.

Bitcoin Magazine - 1328 ngày trước

Bitcoin Whales Engages In One Of The Most Aggressive Accumulation Cycles In History

Popular on-chain data aggregator Santiment reports that whales have resumed purchasing the leading digital currency Bitcoin and are feverishly building up their holdings. Santiment revealed that Bitcoin wallets of small and medium size had recently purchased a significant sum of BTC. These addresses range in size from 0.1 Bitcoin to 100 Bitcoin, and during the past six months, they have added about 9% of their holdings to their stashes.

U.Today - 1328 ngày trước

Argentina Presidential Candidate Says Bitcoin Stops Politicians From Looting Through Taxes

The eccentric economist and leading candidate for president of Argentina, Javier Milei, claimed in a recent interview with local media that Bitcoin stops politicians from looting the public by levying inflationary taxes. Given that nobody knows the history of Bitcoin, the interviewer asked Milei what he thought of it. Milei responded, “the first thing we have to understand is that the central bank is a scam.”

cryptonewsflash - 1328 ngày trước

Israeli Securities Regulator Tries To Create A Legal Framework For Cryptocurrencies

As more Israeli investors become exposed to digital assets with over 150 companies active in Israel, the regulator, the Israeli Securities Authority (ISA), has proposed a framework for regulating them. In January 2023, the regulator published a proposal stating its goals to accomplish the "double value" of responding to the dangers of investing in digital assets while also providing the authority with the resources to enact a regulation.

cointelegraph - 1328 ngày trước

In 2023, Indonesia Will Open A National Cryptocurrency Exchange

According to reports, Indonesia will establish a cryptocurrency exchange in 2023 as part of its overhaul of the laws governing cryptocurrencies. A cryptocurrency exchange should be established this year, according to Didid Noordiatmoko, the head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), who made this statement on January 4. The action is a part of a larger financial reform initiative that was started in December 2022.

cointelegraph - 1328 ngày trước

Fedi Begins Hackathon With 2.5 BTC Prize To Celebrate Bitcoin's 14th Birthday

IT startup Fedi, in an effort to advance its Fedimint-based community custody and privacy technology, is collaborating with Epoch to award 2.54 bitcoin during a Bitcoin hackathon in honor of Bitcoin's 14th birthday. Developers are free to program whatever functionality they desire because the bounty is open-ended, but they are naturally encouraged to focus on ideas that will have the biggest impact.

Bitcoin Magazine - 1328 ngày trước

In 2022, The Value Of Transactions On The Bitcoin Blockchain Exceeded $8 Trillion

Data shows that even though Bitcoin (BTC) faced one of its most difficult periods in 2022, a sizable portion of transactions were still recorded on the BTC blockchain. Despite the low rates, the Bitcoin blockchain was used to transfer an astounding $8.2 trillion over the past year. According to data estimates by the crypto monitoring company CoinMetrics, the amount equates to an average of $260,000 each second.

Finbold - 1329 ngày trước

The First Bitcoin ATM With Built-in Lightning Network Capabilities Is Installed In Australia

The first Bitcoin ATM with built-in Lightning Network capabilities has arrived in Coolangatta, Australia. The public can now use the new ATM, which has been erected in The Strand shopping mall in Coolangatta. A Bitcoin Lightning ATM functions very similarly to a typical Bitcoin ATM, however it saves a lot of time because of layer-2 Lightning's immediate transaction capabilities. Additionally, it enables the purchase of relatively little Bitcoin.

cointelegraph - 1329 ngày trước

Dogecoin (DOGE) Becomes Most-Held Asset On India's Biggest Crypto App

The leading cryptocurrency buying and trading app in India, CoinSwitch, revealed on its Twitter account that Dogecoin was one of its customers' most-held assets of the year. Ethereum (ETH) and Bitcoin (BTC) joined DOGE at the top of the list. The software has almost 20 million users, according to CoinSwitch. Over 70% of all DOGE addresses have tokens that have been held for more than a year, and a significant fraction of these addresses are now known to be located in India.

U.Today - 1329 ngày trước

Major Ukraine Pharmaceutical Chain Makes Bitcoin Payments Possible In Partnership With Binance

With the help of a partnership with Binance, ANC Drugstore, one of the biggest pharmacy chains in Ukraine, is now accepting bitcoin and other cryptocurrencies at all of its locations. It is one of the biggest uses of bitcoin payments in Europe, with more than a thousand retailers spread out across the continent. According to a formal announcement, the first locations to accept contactless payments will be in Kyiv.

Bitcoin Magazine - 1329 ngày trước

Central Bank Confirms Morocco Will Complete Its Regulatory Framework For Cryptocurrencies Soon

The first cryptocurrency bill in Morocco could be tabled in the next few days. Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), the central bank of Morocco, announced a series of talks between the BAM and the market participants. Participants in the regulation process include the Moroccan Capital Markets Authority (AMMC), the Insurance Supervisory Authority, and the Social Security (ACAPS). It will go into effect before the crypto law.

cointelegraph - 1329 ngày trước

Turkey Will Utilize Digital Identities Based On Blockchains For Online Public Services

Turkey intends to employ blockchain technology for the online public services login procedure. Turkish individuals will be verified when logging in to E-Devlet, the digital government site used in Turkey to access a variety of public services, using a blockchain-based digital identity. Turkish vice president Fuat Oktay declared during the Digital Turkey 2023 event that users will be able to use e-wallet applications using a digital identity built on a blockchain.

cointelegraph - 1329 ngày trước