Crypto news

Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin Zhao first named Bitcoin Virtual Machine (BitVM) among Bitcoin’s “most anticipated” next generation of applications. Published by Robin Linus...

The crypto whale who lost $71 million worth of wrapped bitcoins (WBTC) via a dusting attack has recovered the stolen funds after negotiations with the hacker. According to a tweet by blockchain security firm PeckShield, the scammer began returning the funds on May 9 and completed the process on May 11. Stealing $71M WBTC The whale’s woes began on May 3 after they mistakenly sent 1,155 WBTC to a wrong address placed in the transaction history via address poisoning. An address...

TL;DR CoinGate, a blockchain payment processor, has added Shiba Inu as a payment method, integrating it with Polygon and Binance Smart Chain. SHIB’s price experienced an uptick lately, while its market capitalization neared $14 billion. Enabling SHIB Payments CoinGate – a blockchain payment processor headquartered in Lithuania – became the latest entity to embrace the popular meme coin – Shiba Inu – as a payment method. To do so, it integrated SHIB with Polygon and Binance...

Since its much-hyped debut during the latest Bitcoin halving, activity on the Runes protocol has experienced a significant downturn. The protocol, which allows users to create fungible tokens on the Bitcoin blockchain, saw a surge in transactions initially but has since declined in activity, particularly on May 10. Runes Protocol Decline According to data from a Dune Analytics dashboard, the protocol’s fee revenue has steadily decreased following its launch. While Runes...

As the financial market landscape evolves, the intersection of traditional markets and cryptocurrency has sparked innovation and opportunities with new players such as RCO Finance (RCOF). RCO Finance (RCOF), an AI-powered decentralized finance (DeFi) trading platform, is reshaping investors’ interactions with crypto and traditional markets. RCO Finance (RCOF) is transforming access to traditional assets RCO Finance stands at the forefront of a paradigm shift,...

Crypto is now a partisan issue in the United States, and there’s a clear reason as to why, according to a former Coinbase executive. Author and entrepreneur Balaji Srinivasan argued this weekend that digital assets appeal to “American conservatives” and “Chinese Liberals” – demographics that generally aren’t represented by the Democratic party. Crypto Versus Rich Democrats In a tweet this Sunday, Balaji said that crypto is for “small countries and dispossessed minorities,”...

[PRESS RELEASE – London, United Kingdom, May 13th, 2024] Robert Kiyosaki, the renowned businessman and best-selling author of the educational series, ‘Rich Dad Poor Dad’, joins Andrew Maguire, on this week’s episode of Live from the Vault. This week, a precious metals commentary show hosted by the renowned London whistleblower takes viewers through the current economic landscape and explains how everyone can take steps to preserve their wealth. [embedded content] “I save gold...

[unable to retrieve full-text content]CoinspeakerIVS Crypto 2024 Kyoto and Japan Blockchain Week Summit to Take Place on July 4-6 The IVS Crypto 2024 Kyoto and the Japan Blockchain Week summit are expected to attract more than 50k attendees from various web3 projects led by the Aptos (APT) community. IVS Crypto 2024 Kyoto and Japan Blockchain Week Summit to Take Place on July 4-6

[unable to retrieve full-text content]CoinspeakerBernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022 Be­rnstein re­port states that the decline­ in difficulty is due to the combination of lower Bitcoin price­s and a significant increase in mining equipme­nt costs since the last Bitcoin halving in May 2020. Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022

[unable to retrieve full-text content]CoinspeakerCrypto Investment Products Record Highest Inflows in 5 Weeks The United States recorded the highest crypto investment inflows, totaling $135 million. Crypto Investment Products Record Highest Inflows in 5 Weeks