Tag: news.bitcoin

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Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking

The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase Notably, the BOB application

Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the US The company stated that the wallet will now

Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected

Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States On

Coinbase Announces Support for Bitcoin’s Lightning Network

Coinbase, a leading US-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution Coinbase will now allow its users to take

Top VCs Join EYWA’s Seed Round Led by Curve’s Founder

PRESS RELEASE Road Town, British Virgin Islands — May 2, 2024 EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new

Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions

David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future He describes bitcoin as

Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends

A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks “As the asset class matures and

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow

On May 1, 2024, US spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan 11, 2024 ETF Institute Co-Founder: ‘Inflows Don’t Go up in a

Faisal Al Monai: Convergence of AI and Blockchain Is a Solution to Data Integrity Issues in AI Model Training

The Middle East and North Africa (MENA) lead the world in the adoption of blockchain and cryptocurrencies because governments in the region actively promote digital transformation in their strategic

Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

Unknown attackers recently siphoned digital assets valued at just under $16 million from the decentralized finance protocol, Pike Finance The protocol announced it is offering a 20% reward for the

Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the

Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights

Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software Lummis’s remarks follow the DOJ’s reply