Tag: News

Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust – Bitcoin News

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After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics that confirm Coinbase Custody holds a balance of 633K bitcoin that likely belongs to the Grayscale Bitcoin Trust (GBTC). OXT Researcher Verifies Grayscale’s Bitcoin Holdings Five days ago, Bitcoin.com News reported on Grayscale disclosing information tied to the safety and security of the company’s digital assets. Grayscale’s statements were…

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit – Bitcoin News

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The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX executive will appear in person or virtually. No Shortage of Criticism After SBF Reveals He’ll Be Speaking With Andrew Ross Sorkin at This Year’s Dealbook Summit Following the highly criticized New York Times (NYT) article…

LINK Nears 2-Week High, SOL Extends Recent Gains – Market Updates Bitcoin News

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Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high. Chainlink (LINK) Chainlink (LINK ) rose for a fourth straight session on Thursday, with the token nearing a 12-day high in the process. Following a low of $6.37 on Wednesday, LINK/USD surged to an intraday peak of $6.84 earlier in the day.…

Ankr Becomes an RPC Provider to the Sui Blockchain – Blockchain News, Opinion, TV and Jobs

Ankr, one of the world’s leading Web3 infrastructure providers, has become one of the first RPC (Remote Procedure Call) providers to the Sui blockchain, the permissionless Layer-1 blockchain designed to enable creators and developers to build Web3 experiences for the next billion users.  Developers can now access the Sui Testnet Community and Premium RPCs, make request calls, and receive information returns that mirror the results they would get by running a full node by themselves. The partnership will enable developers to build safe, scalable, and upgradable dApps on top of…

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Russia Prepares to Create Government-Controlled Crypto Exchange – Exchanges Bitcoin News

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Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of the participants in these efforts. Legislators Want Russia to Have Its Own Cryptocurrency Exchange Members of the State Duma, the lower house of Russia’s parliament, are working on a legal framework that will enable the authorities in Moscow to set up a Russian crypto exchange. The deputies…

ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News

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Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy. Wednesday’s FOMC minutes showed that “A substantial majority of participants judged that a slowing in the pace of increase would…

Data Lake Launches Consent-to-Earn Medical Data Donation System – Press release Bitcoin News

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press release PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called “Consent-to-Earn” (C2E). They recently launched their pilot program to collect patient consents in multiple Polish hospitals. Partnering with the Polish Donate Your Data Foundation, the startup has collected hundreds of consents already, and their oldest data donor (or “Data Hero” as they are called) is in their nineties, proving the potential…

6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year – Featured Bitcoin News

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New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto ATMs, accounts for nearly 90% of all the installed machines. Fewer ATMs Installed in 2022 According to the data compiled by Crypto Presales, the approximately 6,100 crypto and bitcoin automated teller machines (ATMs) installed in the first eleven…

Better Regulation of Africa’s Growing Crypto Market Urgently Needed – Africa Bitcoin News

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A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country are “much greater if crypto is adopted as legal tender.” Crypto’s Volatility Said to Render It an Unsuitable Store of Value The collapse of the cryptocurrency exchange FTX and subsequent crypto market downturn once again highlights the need for better regulation…