Crypto news

Developers at BitcoinOS (BOS) made blockchain history on Tuesday by successfully verifying the first-ever zero-knowledge proof (ZKP) on Bitcoin mainchain. This milestone opens the door to truly minimized Bitcoin layer 2 rollup systems, offering limitless scalability and functionality for Bitcoin without needing changes to its underlying consensus code. Bitcoin Now Has ZK Proofs According to the BitcoinOS team, the final verification of its first ZK proof occurred at Block...

Fold, a popular Bitcoin financial services platform, has confirmed arrangements to become a publicly traded company on the NASDAQ stock exchange. The firm’s entry will add another tally to the growing list of public stocks that keep a large swath of Bitcoin directly on their balance sheet. Bitcoin Banking Gone Public Per a press release on Wednesday, Fold said it had entered a definitive agreement with FTAC Emerald, a special purpose acquisition company. The proposed business...

Was ist eigentlich mit der einst so mächtigen Stiftung los? Hat die Bitcoin Foundation überhaupt noch Relevanz, das fragte sich Golem vor einiger Zeit. Dabei hätte die Bitcoin-Szene eine Stiftung wie die Bitcoin Foundation dringend nötig. Denn die kleinen Bitcoin Startups sind zu schwach, um sich alleine in Politik und Gesellschaft für Bitcoin zu engagieren. Was sind oder waren einst die Ziele der Bitcoin Foundation? Die Bitcoin Foundation ist eine im September 2012 gegründete...

On July 23, Cynthia Lummis released a report arguing against the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners. Lummis argues that this tax could severely impact the growing Bitcoin mining industry in the U.S., based on what she describes as “unfounded concerns” about environmental pollution and risks to the energy grid. Lummis’ Critique “Even if we assume the administration’s goals are genuine, this tax should still be rejected,”...

President Joe Biden’s withdrawal from the 2024 election race caused a significant stir in the crypto market. Bitcoin initially fell by 3% in response to the news but later recovered and even tapped a multi-week peak. According to Bitfinex analysts, this was a knee-jerk reaction to temporary uncertainty in the market. By Monday morning, Bitcoin had climbed 0.9% over the past 24 hours, reaching over $68,000 for the first time since early June. Now all eyes are on what...

London, England, July 24th, 2024, Chainwire MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in the crypto market. MoonTaurus (MNTR) has quickly gained popularity among other memecoins due to its presale structure. The MNTR presale is structured in...

TL;DR Binance will add nine new cross margin and isolated margin trading pairs on July 24. It will also delist three trading pairs two days later. The Latest Amendments The world’s largest cryptocurrency exchange – Binance – will update its services to respond to recent market trends and enhance user experience. It will add nine cross margin and isolated margin trading pairs today (July 24). The pairs in question are 1000SATS/USDC, GALA/USDC, AR/USDC, PEOPLE/USDC,...

The recent exit of President Joe Biden from the 2024 presidential race has sparked a significant rise in the value of a meme coin dedicated to Vice President Kamala Harris. The coin, known as KAMA, soared to an all-time high of $0.025 shortly after Biden’s announcement. Currently, KAMA is trading at $0.01741, with a market cap of $24 million. This increase has made KAMA nearly four times larger than BODEN, the meme coin initially inspired by Biden. On the other hand, BODEN has dropped nearly...

Beginning in early July, the defunct crypto exchange – Mt. Gox – initiated repayments to creditors affected by the 2014 hack. While Kraken has completed the distribution of all the Bitcoin and Bitcoin Cash owed to Mt. Gox creditors, the former’s price remained stable. This could be due to the fact that creditors on Kraken have refrained from offloading their tokens. Mt Gox’s repayments had sparked significant concerns among crypto investors, who feared that many of the...

Data supplied by Coinglass, a globally renowned platform for crypto data analysis, has shown that the crypto liquidity surged by 150% since President Biden announced that he’s stepping down in the presidential race. Vice President Kamala Harris was chosen as the replacement, but that didn’t change anything as the crypto market experienced a small downward momentum. Statistics Show That Bitcoin Leads the Chart According to Coinglass, Bitcoin sat atop the charts with $49.5 million in...