Bitcoin maximalist paradox: BTC adoption threatening founding principles

A committee of the Connecticut state legislature has proposed to authorize the use of smart contracts in commerce in the state, according to official documentation introduced on March 7.The Commerce Committee of the Connecticut General Assembly (CGA) has introduced House Bill 7310, suggesting that blockchain-powered smart contracts may be used in commerce conducted or initiated…

London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group.On-chain letter of creditStandard Chartered announced that it has successfully executed a pilot letter of credit (LC) transaction for PTT Group, PTT International Trading Pte Ltd and…

Bitcoin (BTC) may be having problems cracking all-time highs but one of its best-known analysts believes its sideways trading is "nearly complete."In a series of tweets on March 11, Willy Woo pointed to multiple on-chain factors suggesting that fresh BTC price upside is imminent. BTC flows to those with "very little" selling history Bitcoin saw a…

Lower volumes compared to ProShares were expected, but Van Eck hopes its lower fees can give it an edge over competitors. 180 Total views 3 Total shares The VanEck Bitcoin Strategy ETF (XBTF) closed its first day of trading on Nov. 16 with "respectable" trading volume, but one that pales in comparison to similar launches.…

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight dip amid overall market retrace. The creators of the popular play-to-earn nonfungible token (NFT) game Axie Infinity raised $150 million to reimburse hack victims of the Ronin bridge exploit.The decantralized application, o…

Tech giant IBM cemented its patent leadership in the United States, with over 9,000 received patents, including in artificial intelligence (AI) and blockchain, in 2019.With the 9,626 patents secured, IBM became the company that received the most patents in the U.S.ever and the leader on the list for the 27th consecutive year, tech-focused media outlet…

Bitcoin (BTC) begins Monday by avoiding another test of $9,000, but what could happen to change the mood or even set off a bull run?Cointelegraph takes a look at five major facts that could influence the BTC price during the coming week. Stocks under pressure: does “valuation” matter?The macro outlook seemed more or less stable on…

Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate. Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams.Speaking on the final day of Australian Blockchain Week in Melbourne on June…

For a long time, Solana (SOL) has been associated with the founder of now insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania.So when FTX collapsed toward the end of 2022, Solana