February 2024 | Page 34 of 122 | Last Cryptocurrency News Feed

Gauntlet Will End Contract With AAVE DAO

Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow

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Bitcoin IRAs Compared: Spot ETF vs. No-key-control vs. Physical bitcoin

If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as with everything in bitcoin, each has its trade-offs. Let’s look

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The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

On Thursday, the European Central Bank (ECB) published a blog repeating debunked claims about bitcoin (BTC). The world’s first and largest cryptocurrency, according to ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf, has failed as a currency and investment. And therefore, it has a fair value of “zero dollars.”In other words: the central bank

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Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Retail activity has increased ahead of three important crypto catalysts in the coming months.Platforms such as the Block, Paypal and Robinhood all saw an increase in trading activity in the fourth quarter 2023.The share of AI and meme tokens in the total crypto market rebounded in February.Retail investors were likely responsible for the strong crypto

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Andreessen Horowitz Invests $100 Million In ETH Restaking Platform EigenLayer

Tech-focused venture giant Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer, suggesting that VC funding in crypto may be on course for a revival. As reported by Bloomberg on Thursday, a16z was the sole backer of the funding round, which marks the largest investment ever received in EigenLayer by a wide margin.

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Nigeria Blocks Access To Coinbase, Binance and Kraken As Naira Falls To Record Lows

Nigeria has taken drastic measures in to attempt to stabilize its plummeting national currency, the naira, by blocking access to major cryptocurrency exchanges, reported the Financial Times. This move comes as the Nigerian government attempts to crack down on currency speculation amid record lows for the naira.JUST IN: 🇳🇬 Nigeria blocks access to Coinbase, Binance

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Oldest Football Club Bulgaria Adopts Bitcoin Lightning and Liquid Wallet In New Partnership

Bulgarian football club Botev Plovdiv, the oldest football club in Bulgaria, has taken another step towards embracing Bitcoin and accelerating grassroots adoption of the digital currency in a strategic partnership with JAN3, a leading technology company focused on expanding access to Bitcoin. Botev Plovdiv aims to become the premier Bitcoin-native sports club, according to a

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S&P Global Just Made Ethereum’s Centralization Risk a TradFi Concern

"U.S. spot ether ETFs that incorporate staking could become large enough to change validator concentrations in the Ethereum network, for better or worse," S&P analysts wrote in a report published Tuesday. "It is therefore critical to understand how ETF issuers' choices will drive concentration risks."S&P is right: concentration or centralization risk exists in all crypto.

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Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia

OpenAI CEO Sam Altman’s Worldcoin (WLD) token hit record highs on Thursday alongside a broader rally in artificial intelligence (AI)-related tokens.AI cryptocurrencies initially jumped in price Wednesday evening after chipmaker Nvidia (NVDA) beat lofty fourth-quarter earnings and first quarter guidance expectations and the move has gained strength since.Taking the lead in terms of gains is

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Coinbase Pushes Back on Reports It’s Blocked in Nigeria

Exchange platform Coinbase remains accessible in Nigeria despite reports to the contrary, as renewed calls for a crypto ban in the country have intensified, a spokesperson for the exchange confirmed to CoinDesk on Thursday.Multiple local outlets and the Financial Times have reported local telecommunications companies have been asked by the government to block several platforms