Category : Bitcoin

Paris Blockchain Week 2023: A net positive for the entire crypto industry

The theme of PBW revolved around the evolution of Web3 in the mainstream and the crypto industry’s past, present and future.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Near $28,000, as First Citizen Agrees to Acquire Silicon Valley Bank

Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Eth...

‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard

Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while de...

Crypto exchange Binance launches new regional hub in Georgia

Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023.

European DeFi startups saw 120% increase in VC investment in 2022: Data

Despite the ongoing tumultuous market conditions, venture capital investments in European crypto startups hit an all-time high of $5.7 billion in 2022.

Will BTC ditch the bear market? 5 things to know in Bitcoin this week

Bitcoin price is gearing up for a key monthly close that could see it dump its 2022 bear market for good.

Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency

Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign cu...

How to buy NFTs without owning crypto

Buying NFTs without crypto can be challenging. Explore payment options offered by marketplaces or use third-party services.

$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

Kokomo Finance’s social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager

The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins tha...

Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday

The deal was announced on March 26 by the Federal Deposit Insurance Corporation.

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyomi...

Minecraft, GTA may yet change their tune on blockchain: GameFi execs

It could all be sparked with just one Web3 success story.

Coinbase wants devs to build inflation-pegged 'flatcoins' on its new 'Base' network

Coinbase explained that it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system.

US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner

U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to p...

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