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Coinbase CEO Brian Armstrong called the quarter a “turning point” for the company as it works toward being more “financially disciplined.” origin »
Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state. origin »
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said. origin »
The bankrupt crypto brokerage has entered the final stages of liquidation procedures after Binance abandoned its acquisition deal last week. origin »
The recent surge in Bitcoin on-chain transactions has been driven by the growing popularity of text inscriptions related to the BRC20 token standard, according to Rafael Schultze-Kraft origin »
Block, the fintech company owned by Twitter's creator, Jack Dorsey, reported $2.16 billion in Bitcoin sales on its Cash App in Q1 2023, representing a 25% YoY increase. origin »
Coinspeaker Coinbase Revenue Increases from $628M to $736M in Q1 2023 According to the chief investment officer at Coinbase, the crypto firm is venturing into the derivatives market in order to better serve the international customer base. origin »
Cryptocurrencies evolved with two essential and straightforward aspects: blockchain and mining. People have been mining cryptocurrencies since Bitcoin first appeared as a mineable cryptocurrency. However, the concept of crypto mining has evolved into something that is no longer recommended due to the risks involved. origin »
Cardano's ADA has been integrated as a payment method for LimeWire's public token sale, following an outpouring of support from the Cardano community origin »
The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat. origin »
Apecoin (APE) and Near Protocol (NEAR) have been on the rise this month thanks to several developments. For savvy traders and investors looking for high-growth projects, Tradecurve. io is a real gem – with more than 8,000% expected growth in the near future. origin »
Cardano fell from a vital resistance level in mid-April after witnessing a steady increase for a month. It has found temporal support, but there’s not enough volatility to initiate a buy. The support may collapse soon. origin »
The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms. origin »
Kenya's lawmakers are considering the introduction of a new bill that would impose a tax on cryptocurrency and non-fungible token (NFT) transfers, as well as monetized online content. origin »
With Central Bank Digital Currencies (CBDCs) continuing to make headlines, it’s scary to think about what could be when they’re fully rolled out. Monero (XMR) and Litecoin (LTC), however, are viable alternatives to CBDCs, so we’ll take a look at them. origin »
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology. origin »
Discover limited-edition Star Wars digital Holocrons by Cryptoys, Disney, and Lucasfilm, featuring iconic characters on the Flow blockchain. The post Cryptoys Unveils Star Wars Digital Collectibles on Flow Blockchain appeared first on NFT News Today. origin »
Indonesian governor Ridwan Kamil joined Bentaus CEO Robert Davidoff at a ribbon cutting ceremony in New York today for the course. origin »
Blockchain security firm CertiK announced on May 4 that it has successfully blocked $160,000 in stolen funds from Merlin, a decentralized exchange based on zkSync that was recently hit by a rogue insider "rugpull. origin »
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs.
origin »A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online. origin »
Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him. origin »
A pro-cryptocurrency mining measure, S.B. 178, was signed into law in Montana. It gives rights to cryptocurrency miners in the state and aims to create a more favorable climate for the crypto in US. origin »
Coinspeaker US Government and Tech CEOs Meet to Chart Safe Course for AI Development The National Science Foundation also announced a $140 million investment in seven new AI research centers. origin »
Although the cryptocurrency market was bullish last week, not every coin recorded a significant price increase. Filecoin (FIL) priced up by 9. 89% but PancakeSwap (CAKE) dropped by 0. 21%. Interestingly, Collateral Network (COLT), a new player, is taking the market by storm. origin »
Recent allegations have tied TUSD to Justin Sun, raising concerns about its impact on TRX. TUSD trading activity remains steady, while TRX appears to be weathering the storm with little impact The post TUSD controversy: Will alleged ties to Sun's Tron affect TRX and TUSD? appeared first on AMBCrypto. origin »
Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance. Ethereum is moving higher toward the $2,000 resistance. origin »
Balaji Srinivasan, the former Coinbase chief technology officer (CTO), is opposing Jerome Powell’s statement on the soft landing and compared the current financial crisis with that of 2008 origin »
Polygon (MATIC) slightly resumed bearish after cracking multiple support levels over the past few days. It currently lost 2. 5% as selling pressure underways. The $0. 9 level might be the next stopover. origin »
DeFi protocol Curve Finance has expanded its stablecoin services with the launch of a new asset called crvUSD. The post Curve Finance DeFi Stablecoin Platform Launches crvUSD appeared first on BeInCrypto. origin »
Block didn’t see an impairment loss on its bitcoin holdings in Q1. Analysts at KeyBanc continue to see upside in its shares to $85. Block stock is currently down about 5. 0% versus the start of 2023. origin »
Stacks recently found support and bounced back with a notable 18% gain over the past 24 hours. This comes with a surge above two-week resistance. A potential bullish reversal seems to be underway. STX’s started the yearly trading above $0. origin »
The legislation includes revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms and not allowing taxation for crypto used as a method of payment. origin »
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID. origin »
Long-term Bitcoin holders are selling, while short-term holders are accumulating, indicating a market trend. On-chain data suggests Bitcoin price hit its lowest point, with a recent uptick inThe post Bitcoin holders swap positions: Long-term sellers and short-term buyers shape market trend appeared first on AMBCrypto. origin »
MetaLawMan's comments highlight the current regulatory heat in the US market, despite the SEC Chairman's acknowledgement that the agency lacks the authority to oversee cryptocurrency platforms origin »
On 1 May, 60% of all transactions on Bitcoin used Taproot, hitting an all-time high. Bitcoin network also recorded $3.5 million in transaction fees, reaching a 2-year high. The bull market oThe post Decoding the not so obvious reason behind Bitcoin [BTC] logging heavy network traffic appeared first on AMBCrypto. origin »
Yachtify (YCHT) is a groundbreaking platform that has recently entered the cryptocurrency investment landscape, attracting investors who were once focused on more established platforms like Chainlink (LINK). origin »
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending. origin »
Despite proposing a definition for digital assets less than one year ago, the SEC needs some extra time for deliberation. The United States Securities and Exchange Commission (SEC) is not... origin »
The first Cardano Hydra Head is now live on the mainnet, but this is not preventing bears from pinning down ADA, the native currency of Cardano, going by its performance on the daily chart. Scaling Cardano Using Hydra Heads According to Cardano documentation, Hydra Head will be the first in a suite of protocols that will help the smart contracting platform further process more transactions. origin »
Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain. origin »
How long is sideways movement of Bitcoin (BTC) going to last? origin »
Israeli authorities have confiscated approximately 190 Binance accounts believed to be affiliated with terrorist organizations, prompting concerns over the cryptocurrency exchange’s anti-money laundering measures. origin »
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8. origin »
Only the latest crypto news and updates in U.Today's news digest! origin »
Tenet, a liquid staking derivatives (LSD) hub created by former executives from Ankr and Blockdaemon, has unveiled its testnet for developers origin »
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