Tag: Support

Deutsche Boerse-backed Eurex adds support for Ethereum to crypto derivatives list

German derivatives exchange Eurex has announced the expansion of its portfolio, listing Ethereum-based futures and options index. Eurex Exchange, a German derivatives exchange known for trading European-based derivatives, has announced the listing of Ethereum-based index products, citing a “significant trading and hedging demand from institutional and professional customers.” In a Thursday announcement, the Deutsche Börse-backed derivatives exchange unveiled that its new product, FTSE Ethereum Index Futures and Options, is set to launch on Aug. 12, following the 2023 introduction of FTSE Bitcoin Index Futures and Options. “There is significant trading…

Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers

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The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, has launched a Bitcoin […] Original

Vitalik Buterin Warns Against Political Support Based on Crypto Stance

Ethereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years from now,” he stressed. Buterin Highlights Risks of Narrow Political Focus in Crypto Ethereum co-founder Vitalik Buterin has cautioned […] Source CryptoX Portal

Silicon Valley betting on Bitcoin with Trump support

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Mark Cuban opined that Bitcoin is the central theme behind the support of Silicon Valley giants for former President Donald Trump’s political aspirations. “It’s a Bitcoin play,” said billionaire businessman Mark Cuban on Wednesday as Donald Trump remains a major talking point in crypto, Capitol Hill, and Silicon Valley. Trump told Bloomberg he would reduce corporate taxes to 15-20%. Cuban believes lower tax rates and tariffs could theoretically trigger Bitcoin’s (BTC) parabolic run and herald much higher prices.  “Combine that with global uncertainty as to the geopolitical role of the…

BitMEX’s Hayes announces grant program to support Bitcoin developers

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The former chief executive of BitMEX Arthur Hayes is launching a new grant program for developers to enhance Bitcoin’s “resilience, scalability, and privacy characteristics.” Arthur Hayes, a co-founder and former head of crypto exchange BitMEX and the chief investment officer at Maelstrom, has announced a new grant program to support blockchain developers in their efforts to solve scalability and privacy issues of the Bitcoin network. The so-called “Bitcoin Grant Program” backed by Arthur Hayes’ Maelstrom fund is expected to help with the “technical development of Bitcoin,” the initiative’s description reads,…

Iris Energy shares plunge 14% on AI computing support doubts

Shares of Australian Bitcoin miner Iris Energy dropped 14% on Friday after Culper Research questioned the firm’s ability to serve the high-performance computers for AI. Iris Energy (IREN), the Australian Bitcoin mining company, saw its shares plunge 14% on Jul. 12 after short seller Culper Research issued a report, raising concerns over Iris’ capabilities to provide high-performance computing (HPC) services for artificial intelligence (AI) in Childress, Texas. In a Jul. 11 report, Culper said that Iris’ flagship Childress buildout “lacks numerous features that are critical to HPC applications,” adding that…