Arthur Hayes’ Maelstrom announces Bitcoin grant program of up to $250K per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi.
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Bitcoin Lightning Network Works on Liquid Sidechain, Blockstream Confirms
Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain. Bitcoin’s Lightning Network designed to work across multiple chainsFollowing the debut of support for stablecoin Tether (USDT) on Liquid, Blockstream CEO Adam Back confirmed on Twitter that the technology can also support Lightning payments.Using a combination of Lightning…
Ethereum pares gains, Bitcoin pushed under $40K as Fed set to reveal tapering plans
Ether (ETH) and Bitcoin (BTC) pulled back on July 28 as investors awaited fresh guidance from the Federal Reserve.ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around 10:30 EST. Nonetheless, both the pairs reached their current levels following a downside correction from their respective…
EY Launches Beta Test Version of Smart Contract Analyzer for Ethereum Blockchain
Big Four auditing firm Ernst & Young (EY) has launched a private beta test version of its new Smart Contract Analyzer tool for the public Ethereum (ETH) blockchain. The news was announced in an EY press release on April 16.The tool is described as a testing and security service that will allow companies and individual…
Shopify to accept USDC payments with Solana: Report
Solana Pay has reportedly been added to Shopify's payment solutions, giving millions of merchants access to cryptocurrencies. 217 Total views 7 Total shares E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC)…
Kraken OTC Head: Bitcoin Is Not Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated:“Wall Street ain't what it used to be.…
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingViewOver the past month, the amount of Bitcoin held in Coinbase Pro’s vaults dropped by 28,843.87 BTC. Similarly, other crypto exchanges, including Kraken, OKEx,…
Record music streaming profits highlight how NFTs will empower content creators
The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPI’s “Global Music Report.” Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for the emerging class of NFT…
Move over S2F — Model creator says ‘90% chance’ BTC never dips below $11K again
The author behind a valuation model for Bitcoin that's based on Metcalfe’s Law says the crypto asset will likely be priced around $12,000 by the end of November and reach $1 million within a decade.In an Oct. 11 Twitter thread, Timothy Peterson, Global Macro Manager at Cane Island Alternative Advisors, said there is “90% chance…