Tag: news.bitcoin
Blockchain
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market
Blockchain
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and
Blockchain
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK Under this law, police can seize crypto from suspects without needing to
Blockchain
Stablecoins Gain Ground as Global Financial Asset
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them
Blockchain
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves He stated that no decision has been made yet to invest
Blockchain
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain
Blockchain
Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for US residents from May 3, 2024 This announcement followed closely on the heels of the
Blockchain
Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth However, the Altcoin Season Index, which
Blockchain
Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess During a speech, Nagel specified that the Eurosystem would have
Blockchain
Unlocking New Possibilities: Solama Teams up With BingX and AssetDash
PRESS RELEASE Solama, one of the most captivating Solana meme coin 2024 craze, is partnering up with two essential platforms for a crypto project, such as BingX and AssetDash, as BingX mentioned on
Blockchain
Eminem Promotes Crypto.com’s Latest NBA Playoff Ad to His 22 Million Followers
On Friday, the cryptocurrency trading platform cryptocom unveiled a new advertisement set to debut at the forthcoming Lakers NBA playoff game in Los Angeles Additionally, the ad was highlighted on
Blockchain
Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low Just five days ago, miners were harvesting an average of 5105
