“You can buy a gift on Venmo and send it out. You can invite people and send it to another Venmo user, you can send it to a PayPal user. You can send it to an external wallet, you can send it to the hardware wallet, which we think is something fundamentally important,” da Ponte said. “Consumers have been asking for that for a while.” Source
Month: April 2023
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months – Bitcoin News
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753. In total, inscription minting fees have amounted to 196.22 bitcoin, equivalent to $5.78 million. More Than 2 Million Ordinal Inscriptions Are Now Engraved Into the Bitcoin Blockchain The trend of Ordinal inscriptions on the Bitcoin blockchain continues to grow, with over 2,116,396 inscriptions…
Jack Dorsey’s Block Snaps Up BTC Mining Chip as Intel Winds Down Production
Block’s first-party products will come early next year, said Thomas Templeton, Block’s hardware lead, in an interview with CryptoX. Asked about the quantity of chips the company bought, he said it is enough to bridge the time until Block can design and productize its own 3-nanometer chips. Source BlockBTCChipDorseysIntelJackMiningProductionSnapsWinds CryptoX Portal
Web3 Music Requires Fresh Ideas to Succeed, Says Warner Music Exec
The digitally-augmented space is a key part of Warner Music Group’s future plans, its chief Digital Officer Oana Ruxandra said at Consensus 2023. Source
Cryptos explode higher in Q1 2023, bitcoin recovers
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The rise of bitcoin from $16,000 at the beginning of 2023 to a new yearly high of $30,000 might signify the end of the crypto winter. The Q1 2023 crypto exchange report shows that the market significantly improved from the 2022 crypto winter that saw a drop in token prices and fall of major exchanges. Crypto market value up 50% in Q1 2023 The crypto market value in Q1 2023 has increased by nearly 50%, from…
Crypto Exchange Binance's Head of Product Discusses AI, Supercycles and What Gets Him Excited Nowadays
Mayur Kamat, a tech industry veteran, discusses how the world’s largest crypto exchange is using artificial intelligence and the future of the tech industry. Source
Argentina imports banknotes amid crisis while citizens turn to bitcoin
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Argentina’s Casa de la Moneda struggles to keep up with the central bank’s demand for new banknotes, prompting it to import 1,160 pallets of 1,000-peso denomination banknotes from Paris and Malta. At the same time, bitcoin’s (BTC) popularity in the country increases. Inflation in the country reached a record 7.7% in March, and the government has so far refused to issue higher denomination bills. The move to import more banknotes comes ahead of a key election…
Shiba Inu (SHIB) Ecosystem Altcoin Defies Crypto Market Doldrums Amid New Exchange Listings This Week
A crucial Shiba Inu (SHIB) ecosystem altcoin is defying the sideways crypto market trend this week, surging more than 16% amid a flurry of new exchange listings. The altcoin, Bone ShibaSwap (BONE), is trading at $1.06 at time of writing, up from $0.913 seven days ago. The 165th-ranked crypto asset by market cap will be used to pay for gas fees on Shibarium, the much anticipated layer-2 project designed to make the Shiba Inu ecosystem more efficient, similar to Polygon (MATIC) on Ethereum (ETH). Shibarium launched its beta version, “Puppynet,”…
DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit
CryptoX – Cryptocurrency Analysis and News Portal Decentralized finance (DeFi) protocol 0VIX has lost $2 million in a flash loan exploit, according to on-chain data. Source The post DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit appeared first on CryptoX. CryptoX Portal
Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets
Bitcoin (BTC) stayed choppy at the April 28 Wall Street open while United States macro data conformed to expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE offers “nothing to shock” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp. U.S. Personal Consumption Expenditures (PCE) Index data, tipped as the macro event of the week, failed to deliver a performance catalyst as numbers broadly conformed to what markets had already priced in. “The trend is our friend, however core sticky for now –…