Day: February 1, 2022

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$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

ConsenSys acquires MyCrypto to ‘improve the security’ of its products

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ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company’s product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to “improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets.” We are very excited to bring the @MyCrypto team to @MetaMask! The two teams have been friends and Ethereum colleagues with shared values since 2016. Together we will continue to build increasingly user-centric, extensible, and decentralized products.https://t.co/A7y8pkrg7f…

Bitcoin Supply On Exchanges Hits New Multi-Year Low Of 13.27%

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On-chain data shows that the Bitcoin supply on exchanges has continued to go down despite the crash, and has now hit a multi-year low of 13.27%. Percentage of Bitcoin Supply On Exchanges Sinks To Multi-Year Low As per the latest weekly report from Glassnode, the percentage of the BTC supply on exchanges has now declined to a multi-year low of around 13.27%. The “percentage of supply on exchanges” is an indicator that measures the percent of the total circulating Bitcoin supply that’s currently stored in exchange wallets. When the value…

Solana Surges 15%, as Loopring Price Declines – Market Updates Bitcoin News

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Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects seeing their value rise to start the new month. One of these was solana (SOL), which, as of writing is up 14.04%, hitting an intraday high of $108.32 in the process. This move comes as SOL/USD broke out of its resistance level of $100 for…

Le mystère Satoshi : enquête sur l'inventeur du bitcoin | ARTE

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io À l’ère d’Internet, un groupe d’informaticiens, les Cypherpunks, cherche à coder une monnaie électronique anonyme et autonome, libre, directe, sans intermédiaire. Tous échouent, à l’exception d’un certain Satoshi Nakamoto qui publie, en pleine crise des subprimes… le code du bitcoin. ₿ Retrouvez tous les épisodes de la série Le mystère Satoshi en une vidéo ! #bitcoin #satoshi #cypherpunks Abonnez-vous à la chaîne ARTE Suivez-nous sur les réseaux ! Facebook : Twitter : Instagram : ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…

Why India Isn’t Buying NFTs (Yet)

Amitabh Bachhan, Bollywood’s biggest superstar, affectionately known as “Big B,” launched an NFT collection with several thoughtful collectibles, including poem readings and even a Big B CryptoPunk. The entire collection sold for just under $1 million. While this is not bad, it does not compare to big ticket NFT sales we have seen around the world, especially given that Big B is India’s biggest superstar by a mile with cross-generational appeal. Single CryptoPunks (the original must-have NFTs) have sold for many multiples of this, from $3 million to $12 million.…

Diem May Be Gone, but Its Legacy Lives On

The thing is, the original Libra vision of a basket-backed stablecoin was dead long before the association rebranded to Diem. Today, one could draw a comparison to tether (USDT) or US dollar coin (USDC) in that they are now backed by baskets of assets, though not baskets of currencies. They aren’t quite the same, but they are probably similar enough. The chief concerns were how the libra stablecoin might affect financial stability, how it might be used and whether users were protected. The same questions apply to stablecoins backed by…

Bitcoin Begins To Form A Bottom? Why $40K Is The Next Target

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Bitcoin has seen more greens in the last day as it climbs its way back above $39,000. As of press time, BTC’s price was rejected at those levels, but the bulls are showing some conviction and could push further into previous highs. Related Reading | TA: Bitcoin Near Crucial Juncture: Why BTC Could Surge Further The first crypto by market cap, at the time of writing, is exchanging hands at a price of $38,654 with a 4.2% profit in 24-hours. BTC with some profits in the 4-hour chart. Source: BTCUSD…

Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet – Bitcoin News

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The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2, 2022 On January 28, the crypto asset and fund manager Wisdomtree revealed the launch of a new product called Wisdomtree Prime. According to the announcement, written by the company’s head of digital assets Will Peck,…