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stUSDT has partnered with security audit firm ChainSecurity to conduct a comprehensive security audit of its smart contracts, which revealed no critical vulnerabilities. The audit report and an extensive whitepaper detailing stUSDT's protocol architecture and governance can now be found on their official website, reinforcing its commitment to security and transparency.
Looks like the meme coin party isn’t over just yet. Solana-based token Bonk (BONK) is leading the comeback with a sharp rally in the past 24 hours. Meanwhile, a new project called PlayDoge (PLAY) is turning heads with its own success – raising over $5.5 million in its ongoing ICO. BONK Roars Back with 13% […]
https://news.bitcoin.com/bonk-price-surges-as-new-meme-coin-playdoge-hits-5-5m-milestone-in-ico/
https://news.bitcoin.com/bonk-price-surges-as-new-meme-coin-playdoge-hits-5-5m-milestone-in-ico/
Bitcoin News
Bonk Price Surges as New Meme Coin PlayDoge Hits $5.5M Milestone in ICO – Branded Spotlight Bitcoin News
Looks like the meme coin party isn’t over just yet. Solana-based token Bonk (BONK) is leading the comeback with a sharp rally in the past 24 hours.
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated on Tuesday that additional progress is required before […]
https://news.bitcoin.com/citi-analysts-predict-8-weeks-of-fed-rate-cuts-starting-in-september-powell-seeks-evidence/
https://news.bitcoin.com/citi-analysts-predict-8-weeks-of-fed-rate-cuts-starting-in-september-powell-seeks-evidence/
Bitcoin News
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence – Economics Bitcoin News
Citi analysts predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) by 2025.
Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up […]
https://news.bitcoin.com/moonpay-partners-with-mesh-to-enhance-crypto-accessibility/
https://news.bitcoin.com/moonpay-partners-with-mesh-to-enhance-crypto-accessibility/
Bitcoin News
Moonpay Partners With Mesh to Enhance Crypto Accessibility – Finance Bitcoin News
The Moonpay and Mesh collaboration seeks to enhance liquidity and accessibility for users across the crypto industry.
Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has gradually made individual mining more challenging, even for those who managed to stay afloat. Another significant factor that dramatically altered the Bitcoin mining […]
https://news.bitcoin.com/gomining-unwrapped-how-mining-btc-with-nfts-works/
https://news.bitcoin.com/gomining-unwrapped-how-mining-btc-with-nfts-works/
Bitcoin News
GoMining Unwrapped: How Mining BTC with NFTs Works – Branded Spotlight Bitcoin News
Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […]
https://news.bitcoin.com/german-government-sells-220-7m-in-bitcoin-retains-1-3b-reserve/
https://news.bitcoin.com/german-government-sells-220-7m-in-bitcoin-retains-1-3b-reserve/
Bitcoin News
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve – Bitcoin News
The German government's wallet now holds 22,846 BTC following multiple transfers and deposits over the past 19.5 hours.
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement in West Texas The new site, connected […]
https://news.bitcoin.com/bitcoin-miner-hut-8-secures-205-mw-power-agreement-in-texas/
https://news.bitcoin.com/bitcoin-miner-hut-8-secures-205-mw-power-agreement-in-texas/
Bitcoin News
Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas – Mining Bitcoin News
The new site, connected to the ERCOT grid and adjacent to a wind farm, offers Hut 8 access to low wholesale power prices.
Tezos X announced the development of Jstz (pronounced “justice”), a Layer 2 rollup that will allow developers to use Javascript, a programming language used by nearly 23 million developers worldwide, on the blockchain. This move is aimed at scaling the utility of blockchain and attracting more developers to the space by removing the hefty barrier […]
https://news.bitcoin.com/javascript-is-coming-to-tezos-x-blockchain/
https://news.bitcoin.com/javascript-is-coming-to-tezos-x-blockchain/
Bitcoin News
Javascript Is Coming to Tezos X Blockchain – News Bytes Bitcoin News
Tezos X announced the development of Jstz (pronounced "justice"), a Layer 2 rollup that will allow developers to use Javascript, a programming language
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital market. Edun also highlighted the importance of staying informed and adaptable, especially in fast-evolving […]
https://news.bitcoin.com/nigerias-finance-minister-urges-sec-to-tackle-challenges-in-regulating-cryptocurrency/
https://news.bitcoin.com/nigerias-finance-minister-urges-sec-to-tackle-challenges-in-regulating-cryptocurrency/
Bitcoin News
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency – News Bytes Bitcoin News
The Nigerian Finance Minister emphasized the need for stringent oversight to maintain market integrity in the capital market.
The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that the conditions have been created for this to happen, as payments between these countries are […]
https://news.bitcoin.com/iran-proposes-to-link-all-brics-payment-systems/
https://news.bitcoin.com/iran-proposes-to-link-all-brics-payment-systems/
Bitcoin News
Iran Proposes to Link All BRICS Payment Systems – Economics Bitcoin News
The spokesperson for the Ministry of Foreign Affairs of Iran Nasser Kanani proposed to link the payment systems of all BRICS countries.
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital Liquidity Fund, also known […]
https://news.bitcoin.com/blackrocks-buidl-fund-reaches-500m-milestone-tokenized-treasuries-tap-1-8b/
https://news.bitcoin.com/blackrocks-buidl-fund-reaches-500m-milestone-tokenized-treasuries-tap-1-8b/
Bitcoin News
Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B – Finance Bitcoin News
Blackrock's BUIDL achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion in value.
On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making the entire cache worth […]
https://news.bitcoin.com/dormant-2013-bitcoin-wallet-springs-to-life-moving-millions-amid-bearish-market/
https://news.bitcoin.com/dormant-2013-bitcoin-wallet-springs-to-life-moving-millions-amid-bearish-market/
Bitcoin News
Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market – News Bytes Bitcoin News
On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000.
Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian Banking Association, Panetta highlighted that MiCA considers electronic money tokens (EMTs) and asset-reference tokens […]
https://news.bitcoin.com/italy-prepares-to-issue-guidelines-on-implementing-eu-crypto-regulation/
https://news.bitcoin.com/italy-prepares-to-issue-guidelines-on-implementing-eu-crypto-regulation/
Bitcoin News
Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation – News Bytes Bitcoin News
Italy's central bank will soon release guidelines on implementing the European Union's Markets in Crypto Assets Regulation (MiCA).
Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver […]
https://news.bitcoin.com/peter-schiff-foresees-explosive-growth-in-silver-price/
https://news.bitcoin.com/peter-schiff-foresees-explosive-growth-in-silver-price/
Bitcoin News
Peter Schiff Foresees 'Explosive' Growth in Silver Price – Featured Bitcoin News
"Silver is really strong," Peter Schiff stressed, emphasizing: "An explosive move higher seems likely soon."
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd. (the […]
https://news.bitcoin.com/singapore-court-orders-multichain-to-pay-fantom-foundation-2-19-million/
https://news.bitcoin.com/singapore-court-orders-multichain-to-pay-fantom-foundation-2-19-million/
Bitcoin News
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million – Legal Bitcoin News
The High Court of Singapore has awarded Fantom Foundation damages totaling $2.19 million in a case against Multichain.
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […]
https://news.bitcoin.com/china-halts-gold-buying-for-second-consecutive-month/
https://news.bitcoin.com/china-halts-gold-buying-for-second-consecutive-month/
Bitcoin News
China Halts Gold Buying for Second Consecutive Month – Finance Bitcoin News
China has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces.
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request […]
https://news.bitcoin.com/judge-denies-bail-for-bitcoin-rodney-citing-flight-risk-and-fraud-severity/
https://news.bitcoin.com/judge-denies-bail-for-bitcoin-rodney-citing-flight-risk-and-fraud-severity/
Bitcoin News
Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity – News Bytes Bitcoin News
Rodney Burton, known as "Bitcoin Rodney," will remain in detention awaiting trial on charges related to multi-billion-dollar crypto fraud.
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital […]
https://news.bitcoin.com/asset-manager-digitalx-set-to-launch-second-bitcoin-etf-on-australias-main-stock-market/
https://news.bitcoin.com/asset-manager-digitalx-set-to-launch-second-bitcoin-etf-on-australias-main-stock-market/
Bitcoin News
Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market – Featured Bitcoin News
Asset managers K2 Asset Management and 3iQ played a role in helping Digitalx establish what will be the second ETF approved by ASX.
Pavel Durov, CEO of Telegram, one of the most popular messaging applications, has remarked on the relevance that Hamster Kombat, a tap-to-earn game where players role-play as a hamster who is the CEO of a crypto exchange, will have in bringing blockchain to millions. 239 million have signed to be part of the game, according […]
https://news.bitcoin.com/telegram-ceo-pavel-durov-predicts-hamster-kombat-will-attract-millions-to-blockchain/
https://news.bitcoin.com/telegram-ceo-pavel-durov-predicts-hamster-kombat-will-attract-millions-to-blockchain/
Bitcoin News
Telegram CEO Pavel Durov Predicts Hamster Kombat Will Attract Millions to Blockchain – Games Bitcoin News
Telegram CEO Pavel Durov remarked on the relevance of Hamster Kombat for bringing blockchain to millions of users.
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are […]
https://news.bitcoin.com/singapore-exchange-ceo-discusses-future-of-crypto-listings/
https://news.bitcoin.com/singapore-exchange-ceo-discusses-future-of-crypto-listings/
Bitcoin News
Singapore Exchange CEO Discusses Future of Crypto Listings – Finance Bitcoin News
Singapore Exchange 's CEO has shared his insights on whether Singapore's largest stock exchange will offer crypto-based listings.