After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. dollar index may limit the upside recovery.
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Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Bitcoin Frontier Fund launches accelerator program for Ordinals startups
The program will provide seed money, mentoring and support to approved applicants.
Machi Big Brother withdraws defamation lawsuit against ZachXBT
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
What is PayPal USD, and how does it work?
By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market.
The company says that PYUSD will be able to support quick fund transfers for various purposes, such as remittances. PayPal has also indicated that the new cryptocurrency will be compatible with Web3 environments and will eventually be available on Venmo.
The move to support Web3 seems to be a strategic one for PayPal as Web3 is widely hailed as the next generation of the internet. With Web3 frameworks being built atop blockchain technology, cryptocurrencies are set to play a crucial role in facilitating transactions within these ecosystems.
In Web3 environments, users will have more control over their data, interactions and digital identity. Cryptocurrencies will help to shape the way people transact and support online platforms and creators.
They will do this by enabling secure and direct peer-to-peer transactions in Web3, thereby eliminating the need for intermediaries, such as banks or payment processors. This will translate to faster, more efficient and more cost-effective transactions and higher earnings for creators.
Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K
BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism.
How to identity fake cryptocurrency
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
Chinese man sentenced to 9 months in prison for buying 13K in USDT
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2.
Metaverse project The Sandbox unlocks $133M worth of tokens
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Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock.
On Aug. 14, The Sandbox proceeded with its scheduled unlock for over 300 million tokens. According to the vesting schedule tracker Token Unlocks, The Sandbox unlocked 71 million for its team, 37.5 million for its advisors, 96.8 million for its company reserve, 24 million for its strategic sale buyers and almost 103 million tokens for its seed sale participants. Each of these holders are now able to trade their tokens into the open market.
Unlock progress for The Sandbox token. Source: Token UnlocksA token unlock is normally very bearish for digital asset prices, as it unfreezes liquidity and injects it into the open market. The SAND token has been on a bearish trend since 30 days ahead of the unlock.
On July 15, the token hovered around $0.45. The price then dropped to $0.39 at the time of writing. Currently, SAND’s 24-hour trading volume sits at $106 million according to coin information website CoinGecko.
Crypto adoption crosses party lines amid Washington’s political deadlock
Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements.
FedNow showcases DLT-powered payments system as service provider
The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website.
13% of applications approved: British regulator discloses crypto registration stats
Since January 2020, almost three hundred crypto companies have applied for registration with the Financial Conduct Authority, 38 of which were approved.
BTC price breakout by end of August? 5 things to know in Bitcoin this week
Bitcoin stays frustratingly quiet after the weekly close, but BTC price forecasts are giving ever-shorter breakout deadlines.
Pro-Bitcoin Javier Milei wins most votes in Argentina primary election
Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.
Pro-Bitcoin Javier Milei wins most votes in Argentina primary election
Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.
Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull.
Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
Uniswap dev loses job, was it worth it?
A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800.
It is understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 before selling the tokens raised from the liquidity shortly after.
Adams publicly confirmed the sacking of AzFlin, adding that such behaviour is neither supported nor condoned at Uniswap Labs.
The developer has mocked the situation at hand with a series of light-hearted posts along with a new X (formerly Twitter) cover photo.
AzFlin is making fun of their new unemployment status. Source: X (formerly Twitter).AzFlin, however, claims that no rug pull was committed.
This scenario could spark Gary Gensler’s resignation: Former SEC official
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024.