Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC. Threshold Network Proposes Decentralized Custody Model for WBTC […] Original
Month: August 2024
Bitcoin (BTC) Price Returns to $59K; Artificial Intelligence (AI) Tokens Render, FET, TAO Lead Crypto Losses
The price action suggests that crypto markets are in for more consolidation as the quick recovery from the early August plunge to below $50,000 continues to fizzle. The largest crypto has stuck in a downtrend since its all-time record of $73,000 in March, making lower highs and lower lows ever since. Original
Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says
Trump and his son Eric have been teasing World Liberty Financial as the Republican presidential candidate’s latest foray into crypto. Earlier this week, Trump launched a fourth NFT collection in a bid to repeat his previous million-dollar successes selling crypto collectibles. He is also separately promising to make the U.S. the “crypto capital of the planet” if elected. Source
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris Energy Limited (Nasdaq: IREN) reported record financial results for […] Source CryptoX Portal
Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…
Solana Community Embrace New Gambling Cryptocurrency At $0.001777
The Solana (SOL) community, known for its keen eye on promising projects, has begun to turn its attention to a new and exciting opportunity: Mpeppe (MPEPE). This emerging gambling cryptocurrency, priced attractively at $0.001777, is rapidly gaining traction among Solana (SOL) holders who are eager to diversify their portfolios and capitalize on the next big wave in the crypto world. Why the Solana Community is Eyeing Mpeppe (MPEPE) The Solana (SOL) blockchain has long been recognized for its fast transactions and low fees, making it a preferred choice for developers…
The Solana Investor’s Secret to Massive Profits and Long Term Wealth
While giants like Solana (SOL) continue to dominate the headlines, a new player is quietly gaining momentum and could be the key to unlocking massive profits and long-term wealth: Mpeppe (MPEPE). As Solana (SOL) faces competition from emerging blockchains like BNB Smart Chain and Tron, investors are increasingly diversifying their portfolios with high-potential altcoins like Mpeppe (MPEPE). Here’s why Mpeppe (MPEPE) is quickly becoming the secret weapon for those looking to maximize their returns in the ever-evolving crypto market. Solana’s Rollercoaster: Highs, Lows, and What’s Next Solana (SOL) has had…
The Mpeppe Gold Rush Solana Whale Pledges $4m Into MPEPE and ICP
The cryptocurrency market is no stranger to dramatic shifts and high-stakes investments, but the latest move by a prominent Solana (SOL) whale has set the community abuzz. This seasoned investor has recently pledged a staggering $4 million into Mpeppe (MPEPE) and Internet Computer (ICP), marking one of the most significant bets on the future of these rising tokens. This move signals a broader trend among crypto whales who are increasingly looking beyond established giants like Solana (SOL) and Ethereum, seeking the next big opportunity in the rapidly evolving digital asset…
Solana Investors Are Making a Killing and ICP Joins For Gains
The world of cryptocurrency is no stranger to rapid changes and explosive growth. Recently, one of the most talked-about tokens has been Mpeppe (MPEPE), a rising star in the memecoin universe that has captured the attention of both retail and institutional investors. What’s fascinating is that Mpeppe is not only attracting new crypto enthusiasts but also seasoned investors from established tokens like Solana (SOL) and Internet Computer (ICP). With Mpeppe’s potential for a 100x return, Solana (SOL) and Internet Computer (ICP) holders are diving into this opportunity with fervor. The…
Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. […] Original