Tag: news.bitcoin
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
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
Blockchain
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
Alliance Resource Partners (ARLP), a coal mining company in the US, recently disclosed its use of underutilized electricity loads for bitcoin mining Cary Marshall, the company’s CFO, revealed
Blockchain
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its
Blockchain
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $1386 billion despite a
