Tag: Bitcoin

Balenciaga, a Paris-based luxury fashion house, has started accepting Bitcoin (BTC) and Ethereum (ETH) payments as it seeks a long-term strategy for the crypto industry. As reported by Women’s Wear Daily (WWD), the luxury fashion brand has not yet decided on the broker to use with respect to the newly integrated crypto payments services. Per […]

Having been very adamant and antagonistic to the idea of digital currencies, Russia may finally be warming up to accepting these nascent cryptocurrencies as a form of payment. As reported by Reuters, the Russian Industry and Trade Minister Denis Manturov said the country will sooner or later adopt crypto as payments. The assertions from Manturov […]

The Luna Foundation Guard (LFG), the not-for-profit organization tasked with boosting the reserve base for Terra’s native stablecoin, the UST has unveiled plans to compensate UST holders with the remaining assets left in its reserve. The LFG broke its silence on Monday when it noted that its Bitcoin (BTC) which was pegged at 80,394 units […]

According to Celsius Network’s leadership, the consequences of high crypto market volatility have had little impact on the project. Celsius CEO Alex Mashinsky reportedly responded to a now-deleted tweet from a Twitter user, David Belle, claiming the platform had been “completely wiped out.” He clarified to his more than 172,000 Twitter followers that “all funds [were] safe” […]

The risks of holding Bitcoin (BTC) on centralized exchanges are frequently highlighted by security breaches and attacks. According to Rufas Kamau, a research and markets analyst at Scope Markets Kenya, keeping BTC on exchanges is also a role in price drops. He discussed why having Bitcoin on an exchange diminishes its value.  Buying BTC on […]

You’ve probably heard of blockchain technology. But do you know how it can be used for investing? Blockchain companies revolutionized the way we invest and create long-term value. Blockchain companies have the potential to achieve sky-high returns. For example, what if you can use Blockchain to invest in a company with a great chance of […]

Two senators have raised concerns about Fidelity Investments’ plans to integrate Bitcoin (BTC) in 401(k) accounts, indicating that the U.S. government is becoming greatly worried about Bitcoin (BTC) in retirement savings. Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota wrote to Fidelity CEO Abigail Johnson to voice their disagreements with the board’s plan to […]

Since the beginning of the year, April 2022 has become the fourth consecutive month of a decline in the Bitcoin ATM installment process. BTC ATMs play an important role in the BTC economy, allowing users to physically retrieve or deposit their BTC holdings against cash reserves. Bitcoin ATM installation count going down According to Coin ATM Radar, the […]

The founder of JAN3 and former Chief strategy officer at Blockstream, Samson Mow, has been in the headlines for his shocking statements about the Decentralized finance or DeFi cryptocurrencies. He believes that the DeFi protocols lack decentralization and cannot compete with Bitcoin because of their inability to provide an effective monetary network. Mow noted that DeFi projects are […]

On Thursday, the hash rate of the largest cryptocurrency in the world, Bitcoin, has marked a new all-time high of 258 EH/s. This happened amid the plummeting price of the token, which is struggling to cross the $40,000 mark. Increasing miners results in an increased hash rate The ongoing uptrend of the hash rate clearly implies the […]

With the rise of digital currencies like Bitcoin, it didn’t take long before the phenomena of gambling found its way to the crypto world. Crypto casinos present an online opportunity for betters to double their cryptocurrency holdings by participating in a variety of online games. Cryptocurrency casinos are similar to their traditional counterpart in terms […]

Mykhailo Fedorov, Ukraine’s Vice prime minister and minister of digital transformation has sent an appreciation message to the global cryptocurrency community for their continued support of Ukraine as it continues to fight off the Russian invasion on its shores. Taking to Twitter to share the appreciation message, Fedorov hailed ‘Crypto for good’ as proceeds received […]

One of the most commonly faced issues with DeFi 2.0 is liquidity locking. The current chain usually involves a process wherein there is an asset for which a liquidity pair (LP token) is formed, and the LP token is then staked in a yield aggregator. Around this point, the investor’s only option with the locked-up […]

American investment company VanEck said that Bitcoin has the potential to go up to $4.8 million if it becomes the global reserve asset. Of course, that’s a big if, and VanEck believes the Chinese Yuan is a better bet. VanEck’s Head of Active EM Debt Eric Fine and Chief Economist Natalia Gurushina published an insight post on […]

During his speech on the first day of this year’s Binance Blockchain Week, Charles Hoskinson, the founder of Cardano, talked about several important aspects of Binance and Web3. Notably, the conference was held at the Dubai World Trade Center in the United Arab Emirates. Hoskinson raised several key questions Hoskinson used his keynote speech to discuss topics […]

In the face of the current realities in Russia, the Deputy Minister of Energy Evgeny Grabchak has advocated for the development of a regulatory framework to support the mining of Bitcoin (BTC) through a process dubbed Proof-of-Work (PoW) system. As reported by the TASS Russian News Agency, the deputy minister made this comment over the […]

The El Banco Central de Honduras (BCH), or the Central Bank of the Central American nation has put to bed all rumors that suggest it is mulling the plans to legalize Bitcoin (BTC) as a legal tender. The rumor emanated from a publication from Techstory, allegedly citing anonymous sources. Since the news made headlines on […]

It is a known fact that crypto adoption has been touching the skies this last year with institutions jumping into space like never before. The fan following has been rising at such a fast pace that many devoted followers have had the logo of their favorite crypto etched on their skin for life in the […]