Bitcoin’s price has been incredibly volatile in the past week, with a sharp drop to a 2-week low of $57,100. The asset had surged above $65,100 just a week ago but failed to maintain its momentum. Despite a brief recovery to $61,000, bitcoin plunged back down to under $58,000, and has been struggling to regain
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Yuga Labs, the creators of the Bored Ape Yacht Club, have recently announced a groundbreaking initiative that could potentially revolutionize the company’s future endeavors. The introduction of a new division called “The Workshop” signifies a strategic pivot towards creating emerging products and fostering a culture of rapid iteration and innovation within the organization. Under the
A London resident, Habibur Rahman, has recently made headlines as the first person in the UK to face charges for operating a Bitcoin ATM without proper registration. The incident took place at a gadget shop in Chatham, where several crypto ATMs, including one for public use, were found to be operated without the necessary approval
The payments industry has experienced significant growth over the past fifty years, making it one of the largest and fastest-growing sectors globally. However, despite its success, the industry still relies on outdated technology that is becoming increasingly inefficient. According to a report by Binance Research, blockchains and distributed ledger technology have the potential to revolutionize
Cardano recently completed its Chang upgrade, a significant milestone in the transition towards a decentralized governance system. This upgrade, named after Chinese mathematician Ch’ang Shou, introduced a range of key changes aimed at empowering ADA holders to actively participate in shaping the network’s future direction. One of the most notable aspects of the upgrade is
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, known for his expertise in digital assets and blockchain technology. With a background in content creation and educational writing, Semilore has established himself as a trusted source of information in the rapidly evolving world of digital currencies. His dedication to demystifying complex concepts
Peter Diamandis, the visionary behind X Prize and Singularity University, recently sparked a thought-provoking discussion among his vast following on social media. One response highlighted the unparalleled track record of Bitcoin in fulfilling its promises over the past 15 years. Bitcoin has consistently delivered, generating a new block of transactions every ten minutes without fail.
Venturing into the realm of cryptocurrencies was not Opeyemi’s initial plan, but it soon became a passion that he couldn’t shake off. For over two years now, he has immersed himself in the world of digital assets, deciphering the complexities of blockchain technology and staying abreast of the latest trends in the industry. What started
Recently, Telegram CEO Pavel Durov found himself in legal trouble in France. He was released from prison but placed under judicial supervision with specific conditions, including a hefty €5 million bond. Durov is also restricted from leaving French territory and must report to the police station twice a week as part of his bond conditions.
Congressman Wiley Nickel (D-NC) recently criticized the US Securities and Exchange Commission (SEC) for its “regulation by enforcement” approach. He argued that this strategy undermines trust in the regulatory system and risks stifling digital innovation across the US. Nickel emphasized the need for a collaborative and transparent regulatory process that includes public input to develop