Tag: news.bitcoin

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Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’

Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a

Analyst Eyes $300K Bitcoin Price as BTC Approaches ‘Most Aggressive Part of the Bull Cycle’

A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to

Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet

Anza, a dev collective behind Solana, recommended the adoption of Agave v11812 into the blockchain’s devnet and testnet This new version of the mentioned client ships with a central scheduler

‘Globalist Power Is No Longer a Moral Authority’: Amir Taaki Responds to Samourai Charges

In an era increasingly defined by surveillance and oversight, Amir Taaki stands out as a key figure in the Bitcoin movement, sounding a clarion call for crypto awareness following the indictment of

Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn LSD

Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

This week, the Japanese yen plummeted to its lowest point since 1990 against the US dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States

Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall

On Friday, Bitcoin’s hashprice was $5695 per petahash per second (PH/s), but by Sunday, it had dropped to $5166 per petahash Over the last 100 blocks, bitcoin miners averaged about 355 BTC for

Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review

JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency Former FTX CEO Sam Bankman-Fried has agreed to

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

The Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the US dollar in early April Local media reports attribute the volatile naira’s latest drop to

FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services

The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with US anti-money laundering laws The agency

Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression

Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the US economy is currently in a depression He points to the subpar economic growth, with a 34% increase in GDP for Q4 2023

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment

In a decisive move, Zksnacks announced on Saturday that it will block all US residents and citizens from accessing its bitcoin mixer, Wasabi Wallet This policy change comes as US authorities