Polychain and others have provided $12 million in funding to support the initiative The Bitfinity Network, a Bitcoin layer-2 (L2) protocol, has launched with a vision to bridge the gap between Bitcoin and decentralized finance (DeFi). Backed by $12 million in funding, the initiative aims to create Ethereum Virtual Machine (EVM)-compatible DeFi functionality for Bitcoin
Cullen Hoback is airing a new Bitcoin-based documentary on HBO Cullen Hoback, the filmmaker known for his investigative HBO series “Q: Into the Storm,” has hinted at uncovering one of the most elusive mysteries of the digital age: the identity of Bitcoin’s creator, Satoshi Nakamoto. His new documentary, titled “Money Electric: The Bitcoin Mystery,” is
The number of crypto transactions has risen significantly in 2024 Interest in cryptocurrency has surged in 2024, with much of the excitement fueled by the introduction of Bitcoin exchange-traded funds (ETFs). These ETFs, particularly spot Bitcoin ETFs launched in the US in early 2024, have played a major role in boosting crypto activity across the
Several Bitcoin miners have received huge payouts for their dedication A Bitcoin miner has recently secured a not-so-common and significant payday of around $180,000 after successfully mining a block on their own. On September 10, the miner solved block number 860749, which included 5,935 transactions. The reward for mining the block totaled 3.169 Bitcoin, valued
The new cryptocurrency trading options are coming at the end of September The Chicago Mercantile Exchange (CME) Group is set to introduce a new type of Bitcoin futures contract aimed at catering to the growing interest among retail investors. According to a report shared yesterday, CME will launch these new Bitcoin Friday Futures (BFF) on
An inquiry made to the FBI revealed cryptic details about Bitcoin’s potential creator The mystery surrounding Bitcoin’s (BTC) creator, Satoshi Nakamoto, has taken an interesting turn with recent developments involving the FBI. A Freedom of Information Act (FOIA) request filed by investigative journalist Dave Troy has led to speculation that the FBI may possess inside
The company has had to cut its workforce, leading to the removal of the annual event Financial services firm Swan Bitcoin has announced the cancellation of its upcoming cryptocurrency conference, the Pacific Bitcoin Festival, which was set to take place in Santa Monica, California, on October 18-19, 2024. This decision, disclosed by Swan Bitcoin CEO
Senator Cynthia Lummis wants the government to ‘hodl’ millions in Bitcoin Senator Cynthia Lummis introduced yesterday the Bitcoin Strategic Reserve bill, aiming to establish a dedicated reserve fund for Bitcoin (BTC), a scarce decentralized asset. The proposed legislation would create a “decentralized network of secure Bitcoin vaults” managed by the US Treasury, ensuring that BTC
The goal is to make it easier to report and address issues to protect the blockchain The backbone of Bitcoin, Bitcoin Core, is undergoing a crucial upgrade – a revamped bug reporting system. This move signifies a growing focus on stability and security within the cryptocurrency’s core development team. Today we announce the new disclosure
A man acting as a Chase Bank employee almost cost an elderly woman $40,000 An ongoing scam by a person claiming to be a Chase Bank employee was thwarted after a White Settlement, Texas, police officer intercepted the con as it was developing. The incident involved an elderly woman who was seen trying to deposit
Interest in cryptocurrency investments continues to gain ground Bitcoin exchange-traded derivatives are investment products that follow the price or give BTC more exposure and have recently exceeded one million in global Bitcoin reserves. The 11 ETFs have used up 855,619 Bitcoin since spot Bitcoin ETFs first became available in the US in January 2024, earning
The solution is another way decentralized finance is gaining momentum Liquid staking protocol pStAKE Finance has disclosed its staking solution for Bitcoin in the latest evolution of Bitcoin-based decentralized finance (DeFi). pSTAKE Finance’s Binance Labs-backed solution, constructed using Babylon’s Bitcoin staking protocol, seeks to simplify the Bitcoin staking process and offer more earnings opportunities for Bitcoin investors.
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