Daily Archives: Feb 23, 2024

Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin’s Early Days

In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the...

Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint...

Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch

It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion....

GAIMIN Announces the World’s First L2 Gaming Blockchain on BNB Chain

GAIMIN, the world’s leading provider of DePIN (Decentralised Physical Infrastructure Networks) today announces the world’s first L2 blockchain focused on delivering Web3 technology and services to the gaming industry. The incorporation of Web3 technologies, such as blockchain, crypto currency...

Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates

The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts...

CardanoGPT (CGI) Token Skyrockets Amid AI Crypto Frenzy, Urging Investors to Seize the Opportunity

PRESS RELEASE. In an electrifying surge that has captured the attention of the cryptocurrency world, CardanoGPT (CGI) witnessed a remarkable 40% increase in value within just 24 hours, following the unveiling of OpenAI’s groundbreaking Sora and a significant profit...

Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court

The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and other federal entities, aiming to obstruct what they deem an unauthorized data collection effort targeting...

Bitcoin Technical Analysis: BTC Price Oscillation Reflects Crossroads and Market Indecision

Bitcoin’s value on Friday added another page to its unfolding story, registering just under $51,000, showing a modest decline from its 24-hour peak of $51,965 down to a trough of $50,877. Despite this dip, bitcoin’s 24-hour trading volume remains...

FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group

The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved...

Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees

Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this restructuring is David Moore,...

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Bitcoin and Ethereum ETFs would be approved in Hong Kong on Monday: Bloomberg

Hong Kong, the fifth largest monetary market on the earth, could be able to approve spot ETFs for bitcoin...