US Senator Elizabeth Warren is raising concerns about cryptocurrency companies like Coinbase (NASDAQ:) hiring former defense and national security officials. This follows reports that cryptocurrency was used to fund the October 7 Hamas attacks in Israel. Warren specifically questioned the role of individuals like Mark Esper, a member of Coinbase’s Global Advisory Council, and their […]
© Reuters. In an effort to expand the capabilities of the Bitcoin ecosystem, Elastos has unveiled BeL2, a new layer 2 network. BeL2 is designed to enable advanced types of transactions, such as smart contracts and irreversible digital agreements, directly on the Bitcoin network. With this innovation, Bitcoin holders now have the opportunity to place […]
© Reuters UNITED STATES – Marathon Digital Holdings, a prominent company in the cryptocurrency mining industry, has announced plans to expand its operations with the acquisition of two Bitcoin mining sites. The sites, located in Granbury, Texas and Kearney, Nebraska, are poised to increase the company’s mining capacity by 56%. The deal is worth $178.6 […]
© Reuters. Ark Investment Management’s ARKW ETF has significantly reduced its holdings in Grayscale Bitcoin Trust (GBTC), selling off millions of dollars worth of shares over the course of two days. On Monday, the fund sold about $27.6 million of its GBTC shares, followed by another sale of about $28 million today. These transactions mark […]
© Reuters. VN – EthereumPOW, the network born from the transition to proof-of-stake consensus in September 2022, has announced significant changes to its governance structure. Today, the network said it has disbanded its core development team in a move towards decentralized governance. OneDAO has been appointed to temporarily manage the server during this transition. Since […]
© Reuters NEW YORK – Bitcoin has surpassed the $43,000 mark, helping to increase the global cryptocurrency market capitalization to $1.61 trillion. The leading digital coin ended trading near $43,106, asserting its market dominance at around 53.5%. This growth is part of a broader rally witnessed across the crypto landscape. Ethereum, another major player in […]
© Reuters Investing.com – In a recent report, Coinbase (NASDAQ:) gave an optimistic outlook for the cryptocurrency market in 2024. The report titled “Coinbase Crypto Market Outlook 2024” has highlights the resilience and potential growth of cryptocurrencies despite the volatility and challenges faced over the past year. According to the report, the total cryptocurrency market […]
Labs Inc., a prominent company in the cryptocurrency space, is hoping the industry will pivot to real-world applications and stricter regulatory compliance in the coming year. Monica Long, an executive at Ripple, emphasized the company’s focus on developing tools that ensure regulatory compliance, a move sparked by several exchange collapses over the past year . […]
© Reuters. LONDON – In a change of strategy, BendDAO has announced plans to venture into the space by integrating support for Bitcoin non-fungible tokens (NFTs) and adding wrapped Bitcoin (wBTC) to its your liquidity pool. The move is part of the platform’s broader efforts to enhance user experience and security, especially for NFT transactions. […]
© Reuters LONDON – In the dynamic world of cryptocurrency, one trader’s recent success story has emerged alongside strong investor interest in Borroe Finance’s ongoing presale. Today, a savvy trader took advantage of the market fluctuations by shorting Bitcoin and Ethereum, resulting in a significant profit of $200,000 just before the prices of these major […]