Author: coinadrenaline
A decentralized oracle provider and two artificial intelligence (AI)-focused altcoins surged just hours after going live on top US-based crypto exchange platform Coinbase. The data reveals that Chainlink (LINK) rival Pyth Network (PYTH) and AI-based projects Kaito (KAITO) and Bittensor (TAO) all saw significant increases in price after gaining support from Coinbase. KAITO – an “InfoAI” protocol that aims to solve the problem of fragmentation within the digital assets industry – was recently listed by both Coinbase and the top global crypto exchange by volume Binance en route to nearly doubling up its price. Kaito is trading for $1.92 at…
The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT Solutions The European Central Bank (ECB) announced on Feb. 20 an expansion of its initiative to facilitate the settlement of distributed ledger technology […]
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange […]
Este artículo también está disponible en español. A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump’s proposed Strategic Bitcoin Reserve. Related Reading Bitcoin Reserve Bill The proposal to create a US Strategic Bitcoin Reserve is gaining momentum as several US states passed legislation that seeks to establish a localized version of a BTC reserve and…
After scoping the Pectra fork, a successful interop event and four devnets, we’re now launching the first short-lived Pectra testnet: Mekong! The Mekong testnet includes all the EIPs proposed for the upcoming Pectra fork on Ethereum. These changes include UX changes via EIP-7702, Staking changes via EIP-7251, changes to the deposits and exit mechanisms via EIP-6110/ EIP-7002 and more. An exhaustive list of the EIPs as well as specifications implemented can be found here. Mekong is meant to be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes. The…
Este artículo también está disponible en español. According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency. Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time of writing. However, the top cryptocurrency by market capitalization is witnessing a notable drop in sell-side pressure. Related Reading Martinez shared the following Bitcoin Sell-Side Risk Ratio chart from crypto analytics platform Glassnode, highlighting a sharp decline in…
Founder: Prashanth ChandrashekarDate Founded: March 2023Location of Headquarters: LithuaniaNumber of Employees: 3 full-time, 3 contract workersWebsite: https://bringin.xyz/Public or Private? PrivateWith Bringin, it’s now easier than ever to live on a bitcoin standard in Europe.The web app (and soon-to-be-released mobile app) enables users to almost instantly convert bitcoin from either a base chain or Lightning wallet to a virtual Visa debit card that can be used wherever Visa is accepted.Bringin’s founder Prashanth Chandrashekar conceptualized the product after struggling to convert his bitcoin into euros.“Two years ago while living in Estonia, I used to get paid in bitcoin, and it took almost…
The OpenSea Foundation announced its SEA token for users of the popular NFT marketplace, with U.S. traders eligible and a new platform upgrade called “OS2.” OpenSea users were told to expect a native token called SEA as a reward for trading non-fungible tokens on the multi-chain NFT exchange as part of an overhaul to improve on-chain digital collectible trading, per a Feb. 13 reveal via X. The OS Foundation said U.S. users were eligible, as the firm was likely encouraged by shifting regulatory winds under the new President Donald Trump administration. Big projects have generally disqualified U.S. users from receiving…
In a surprising turn of events, Russia’s central bank is contemplating a significant shift in its cryptocurrency policy. The Bank of Russia, long known for its conservative stance on digital assets, is now considering opening the door to crypto trading for a select group of investors. This potential move marks a notable change in the country’s approach to digital currencies and could have far-reaching implications for Russia’s financial landscape. Alexey Guznov, the Bank of Russia’s state secretary and deputy governor, recently shed light on these developments in an interview with Izvestia, a prominent Russian newspaper. Guznov revealed that the central…
A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A former payroll employee has been sentenced to nine years and 11 months in jail for orchestrating a $5.7 million fraud […]