Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal […] Original
This week marked a significant advancement in Argentina’s embrace of blockchain technology as the Cardano Foundation partnered with Entre Ríos, a central province. Argentina’s Crypto Potential This strategic alliance marks a turning point for both parties, with Cardano aiming to tango its way into the vibrant Argentine crypto scene and Entre Ríos seeking a skilled partner to lead the way in blockchain adoption. The official signing ceremony between Governor Rogelio Frigerio and Cardano’s Rafael Fraga caused a stir in the South American nation. Although the details of the partnership are…
Asset manager VanEck recently revised its prediction for Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. The firm also did well to outline what could drive Ethereum’s price to this revised price. Ethereum To Reach $22,000 By 2030 In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. Before now, the asset manager had predicted that the crypto token would hit $11,800 by 2030. However, VanEck suggested they had become more bullish on ETH in anticipation of the Spot…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin SV was pulled from both exchanges in 2019 after Dr Craig Wright claimed he was Satoshi Nakamoto. Now, a class action alleges that caused the coin’s investors big losses. Fresh from a damning ruling that Craig Wright “extensively and repeatedly” lied about being Bitcoin’s pseudonymous creator Satoshi Nakamoto, another crypto showdown is now unfolding in British courts. The case currently being heard by the Competition Appeals Tribunal in London relates to Bitcoin Satoshi Vision — Bitcoin SV for short — which was created back in 2018 following a hard…
Solana (SOL) has shown remarkable market resilience by holding onto its position above the 100-day Simple Moving Average (SMA) in spite of notable market turbulence. SOL has seen a lot of volatility in the last several months, but it has found firm support at this pivotal moving average, indicating a persistent positive mood. The ability of Solana to hold above the 100-day SMA shows that buying enthusiasm outweighs any downward pressure, providing a good basis for future upward momentum thereby attracting the attention of traders and investors. As of the…
“McKinsey estimated that by 2030 the metaverse could add $5 trillion to the global economy,” Yat Siu, co-founder of Animoca Brands, said. “Today, games like Minecraft and Roblox are some of the most popular titles in the world, but they do not provide their users with digital property rights. The Sandbox represents the evolution of UGC games for the age of digital ownership.” Source
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […] Source CryptoX Portal
The Central Bank Digital Currency (CBDC) Anti-Surveillance State Act is an attempt to block a U.S. CBDC and prevents Federal Reserve banks from offering certain products to consumers and from using a central bank digital currency for monetary policy, the report added. The House passed the bill banning the Federal Reserve from issuing a CBDC last month, however, its prospects in the Senate are unclear. Source