The platform currently hosts 40% of the largest publicly traded bitcoin miners and is onboarding more every week, said Hess. It is also working on a sustainability evaluation framework for miners’ operations. There is a “growing demand for green BTC among LPs, who are even willing to pay a premium for it,” said Hess. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a fiery Twitter exchange that took place recently, tech titan Elon Musk responded to the imminent removal of the bitcoin (BTC) tipping app Damus from Apple’s App Store. The social media platform Damus, backed by former Twitter CEO Jack Dorsey, received a warning from Apple to fall in line with the company’s guidelines or face expulsion. Musk’s response on his Twitter criticizes Apple: If Apple competes against the whole world, Apple will have the whole…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) faces mixed sentiments amid the consolidation below $28,000. Glassnode shared intriguing insights into bitcoin’s on-chain activity, shedding light on two key metrics offering valuable market sentiment and price movement indicators. In a tweet earlier today, Glassnode called attention to the BTC number of addresses in the Loss indicator. The platform noted that the indicator has surged to a four-month high of 17,168,229. This metric is derived by calculating the average number of bitcoin addresses…
A flash loan is a type of loan that is received and paid back within a single block without any upfront collateral. In this instance, the bot borrowed 200 million DAI tokens and supplied them to the Aave DAI market, borrowing $2,300 worth of wrapped ether (WETH) against it. Source
Assistant Secretary for Financial Institutions at the US Treasury Graham Steele spoke at a Texas conference about digitizing financial services. He focused on Central Bank Digital Currencies (CBDCs) and discussed their potential and consequences. Steele, who oversees banking, credit unions, insurance, consumer protection, capital access, and cybersecurity policies, acknowledged the trend of digitizing financial services. He highlighted computing power and connectivity advancements as driving forces behind this shift. Steele emphasized the need to consider the financial industry’s new digital risks and opportunities. He delved into significant developments such as CBDCs,…
In today’s tech-driven world, certain IT certifications are highly sought-after. The top seven in-demand IT certifications are CISSP, PMP, CCSP, CDP, CCNP, CEH and AWS Certified Solutions Architect. Obtaining these certifications can open doors to lucrative career opportunities. These certifications cover a variety of specializations, including data management, networking, information security, project management, cloud security and ethical hacking. These credentials not only confirm your abilities and knowledge but also increase your marketability and open doors to rewarding employment opportunities with competitive salaries. By obtaining these in-demand credentials, one can stay ahead…
“We initially started with the idea of just enabling developers, enterprises and businesses to build with comprehensive, real-time, high-quality data that is derived from the blockchain because it’s very difficult to index and process that data.” Andrii Yasinetsky, Mnemonic co-founder and CEO, said in an interview with CoinDesk. Yasinetsky, a veteran of Google and Uber who holds several patents related to self-driving vehicle technology, co-founded Mnemonic with Chief AI Officer Elena Ikonomovska (a former Reddit data scientist) and Ben Metcalfe, who is not involved in the startup’s day-to-day operations. Source
Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks. Source
“The recent decision by banking institutions to restrict millions of their customers from making payments to cryptocurrency exchanges represents a profound curtailment of economic freedom in Australia,” said Jackson Zeng, director of Blockchain Australia. “Every individual has the inherent right … to make decisions on how and where to use their finances … The principal role of banks is to facilitate these decisions, not to impose restrictions upon them.” Source link
The crypto industry and market participants, including Coinbase, require clear guidance to navigate compliance obligations effectively and ensure regulatory alignment. The United States Securities and Exchange Commission (SEC) has requested a four-month extension to respond to the request for regulatory clarity regarding crypto made by Coinbase Global Inc (NASDAQ: COIN). The exchange which alongside Binance was sued by the market regulator over its failure to register its staking-as-a-service offering under securities law, had initially requested clarification on several key regulatory issues, aiming to enhance transparency and compliance within the rapidly…