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The Halving Highlights Why Bitcoin Needs to Upgrade
The Halving Highlights Why Bitcoin Needs to Upgrade Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and CTV would upgrade the network and allow more innovation at the chain-level, says Bob Bodily, CEO of Bioniq, an Ordinals marketplace.
Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving
Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.
First Mover Americas: BTC Holds Stable at $70K
First Mover Americas: BTC Holds Stable at $70K The latest price moves in bitcoin (BTC) and crypto markets in context for April 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram
TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase.
Ether.Fi Inks $500M Restaking Deal With RedStone Oracles
Ether.Fi Inks $500M Restaking Deal With RedStone Oracles Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.
Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release
Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up The Thursday total ETF flow was negative, with GBTC leading the pack
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra “A lot of things can go wrong,” in Ethena’s yield-generation strategy, said Folkvang CEO Mike van Rossum.
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who’ve pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.
Willem Schroé: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin
Willem Schroé: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin A Belgian polymath and his team are building a “spiderchain” network that harnesses both bitcoin’s sound money properties and Ethereum’s technological capabilities.
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.
Chaos at MarginFi Shakes up Solana DeFi’s Borrow-and-Lend Landscape
Chaos at MarginFi Shakes up Solana DeFi’s Borrow-and-Lend Landscape Solend and Kamino were the biggest winners in the Solana DeFi landscape.
Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements
Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements Developers’ aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.
FTX Founder Sam Bankman-Fried Appeals Fraud Conviction
FTX Founder Sam Bankman-Fried Appeals Fraud Conviction FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.