Month: April 2023

As Bitcoin and Crypto Grows, so Does CoinDesk’s Commitment to Keeping Pace

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Of note in 2023 is the somewhat sporadic monthly returns, with underperformance in February and April, surrounded by outperformance in January and March. The lack of a discernible trend in instances like this highlights the need for objective, quantitative-based tools to evaluate trends. As crypto matures and the base of crypto investors widens, so, too, will the need for tools that strip the emotion out of allocation decisions. CoinDesk’s Bitcoin Trend Indicator can do that. Original

Binance.​US enables free Web3 domain creation for American users

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Binance.​US users will soon be able to set up decentralized domains that will serve as digital identities across the Web3 ecosystem through a new partnership with Unstoppable Domains. The new offering will allow users to mint “.BinanceUS” domains, providing users with easily understandable names for cryptocurrency wallets to buy, sell and transfer cryptocurrency in the Binance.US app. These unique domains also serve as a digital identity across compatible Web3 services, applications and platforms. Binance.US and Unstoppable Domains announced the launch of the service on April 26 and it will go…

Social Media App MeWe to Bring Blockchain-Based Identities to 20 million Users Via Frequency

Frequency is a parachain of the Polkadot blockchain, meaning it sets its own rules and follows its own logic but is compatible with the main Polkadot chain as well as other parachains. Parachains pay a comprehensive lease to Polkadot, often with funds gathered from their communities, instead of a fee for each block. This boosts the system’s scalability and stability, according to Frequency. As such, the Frequency blockchain can handle a lot of throughput, needed for social media applications. Source AppBlockchainbasedBringFrequencyidentitiesmediaMeWeMillionsocialUsers CryptoX Portal

Social Media App MeWe to Bring Frequency Blockchain’s Self-Sovereign Identity to Its 20M Users

Frequency is a parachain of the Polkadot blockchain, meaning it sets its own rules and follows its own logic but is compatible with the main Polkadot chain as well as other parachains. Parachains pay a comprehensive lease to Polkadot, often with funds gathered from their communities, instead of a fee for each block. This boosts the system’s scalability and stability, according to Frequency. As such, the Frequency blockchain can handle a lot of throughput, needed for social media applications. Source link

After SEC Chair Gary Gensler’s House Testimony, Why the Politics of Crypto Feels Different This Time

As with most congressional hearings, the event was largely about making political points and grandstanding for the cameras. But it felt significant in that it revealed the scale of Republican dissatisfaction with Gensler’s administration, suggested several points that are likely to become campaign platforms, and publicly weakened the S.E.C. chair’s credibility. That, in turn, could prompt some modifications to the agency’s approach. Source

Bitcoin fear and greed index hits 56%

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The bitcoin (BTC) fear and greed index has hit the 56% mark, indicating a bullish investor sentiment. On-chain data released by Glassnode shows the top cryptos including BTC and ETH have witnessed increased outflows so far. Investors bullish on bitcoin The price of bitcoin (BTC), the world’s flagship blockchain-based digital currency has been on the rise since crashing to a low of $15,476 last November. The token surpassed the $31,000 region for the first time in…

Apple quietly removes bitcoin whitepaper from latest macOS Beta

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Apple’s Beta Software Program members have discovered that the company has removed a digital copy of the original Bitcoin whitepaper from the latest macOS Ventura 13.4 beta 3 update on April 26. The Bitcoin whitepaper was hidden in the macOS system files inside a folder in the Image Capture app, among other random assets such as images and other PDF files. All of these assets were bundled as part of the VirtualScanner.app — a tool that…

Bittrex Global Did Not Serve U.S. Customers, Will Fight SEC Charges in Recent Lawsuit, CEO Oliver Linch Says

“What we’re seeing is a growing realization that the most successful regulatory regimes are ones that have created a framework for crypto on a bespoke basis,” Linch said. “Now, that’s why we’re regulated in Liechtenstein in Bermuda, because what those jurisdictions did really early on is really get to grips with crypto, what the product is, what services, what the risks are, and say to people, ‘OK, well, we can identify and manage. Here’s how you do it safely.’” Source