Argentina has become the country where World, the biometric ID project, is most popular, with over 2.2 million registered users despite backlash from authorities. The company plans to expand its footprint in the country by implementing home-based iris scanning options next year. Argentina Becomes World’s No. 1 Nation Amidst Criticism World, the proof of personhood […] Source CryptoX Portal
Day: November 19, 2024
Crypto Valley (CVEX) DEX to Go Live in January Offering Cheap On-Chain Futures and Options Trading
Futures and options account for a huge amount of trading in traditional markets, but crypto derivatives are disproportionately small, CEO James Davies, a co-founder of the company, said. Large centralized exchanges historically opted for payments licenses, which didn’t allow for derivatives trading, though a gap in the regulations regarding perpetuals allowed those products to be introduced. Source
WhiteBIT Exchange Celebrates 6 Years of Innovation and Partnerships in the Crypto Industry
WhiteBIT crypto exchange is celebrating six years of rapid growth, solidifying its position among the leaders in the European crypto market. From its beginnings as an ambitious startup in 2018, the company has evolved into a key market player with 5.5 million users thanks to innovative solutions, a rapidly expanding ecosystem, a strong focus on security, and continuous enhancements to the user experience. 6 Key Achievements 1. WhiteBIT Surpasses 5.5 million Users, Strengthening Its Leadership in Europe Ahead of its sixth anniversary, WhiteBIT crypto exchange has reached a milestone of…
Marathon upsizes convertible note offering to $850m to buy more Bitcoin
Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even more Bitcoin. Bitcoin (BTC) mining company Marathon Digital Holdings has upsized its convertible debt offering to $850 million from $700 million to buy more Bitcoin. In a press release on Tuesday, Nov. 19, the Bitcoin miner said the 0.00% notes, set to mature on March 1, 2030, will be sold in a private offering to qualified institutional buyers. The offering is expected to close on Nov. 20, pending customary conditions. Holders of the notes…
Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?
On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This indicator’s value is measured in terms of hashes per second (H/s) or the larger and more practical, terahashes per second (TH/s). When the value of this metric registers an increase, it means new miners are…
Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic Freedom
Brian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises Elon Musk’s D.O.G.E. Proposal, Examines Possible Outcomes The Department of Government Efficiency (D.O.G.E.), […] Source CryptoX Portal
Bitcoin (BTC) Mining Economics Improved in the First Half of November: JPMorgan
The hashprice, a measure of mining profitability, “increased 29% since the end of October as the BTC rally outpaced network hashrate growth and transaction fees increased as a percentage of the block reward,” analysts Reginald Smith and Charles Pearce wrote. Original
MARA’s Convertible Notes Offering Oversubscribed, Upsizes Note Offering to $850M
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President Trump’s Media Company Reportedly Targets Bold All-Share Takeover of Crypto Exchange
President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation at approximately $6 billion, the company is leveraging its market position to expand beyond […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…