Bitdeer to expand operations with $150M convertible notes offering
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.
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UK Regulator Considers Cryptocurrency Derivatives Ban Due to Market ‘Integrity Issues’
The U.K.’s finance regulator, the Financial Conduct Authority (FCA), may ban cryptocurrency derivatives such as futures as part of its “most comprehensive response” to the industry, financial trading news outlet Finance Magnates reported Nov. 20.In a speech at a London conference Tuesday, FCA executive director of strategy and competition Christopher Woolard said the organization would…
Final Block Mined Before Halving Contained Reminder of BTC’s Origins
In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. 894 Total views 12 Total shares Just before Bitcoin experienced its third halving, which cut the block reward from 12.5 BTC to 6.25 BTC, the miner who extracted the cryptocurrency’s final block had a…
New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
Vitalik Buterin shares account abstraction challenges in Ethereum: EthCC
Vitalik Buterin explained how an account abstraction extension called “paymasters” can allow users to pay for gas fees using “whatever coins that they are transferring.” 237 Total views 5 Total shares While account abstraction is perceived to be a catalyst that could onboard a billion users to Ethereum, its co-founder Vitalik Buterin shared some challenges in…
Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD
Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to $303.1 billion, and the total market cap has gained 65.92% since the start of 2020.Crypto market daily price chart. Source: Coin360Earlier this…
OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps
Developer 'Ohmzeus' has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. 556 Total views 5 Total shares A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental…
Community celebrates Bitcoin Genesis Day by sending BTC to the Genesis block
The wallet address now contains around 68.56 BTC, which is worth around $1.1 million at the time of writing. 365 Total views 10 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAs Bitcoin (BTC) had its 14th birthday, Bitcoiners from around the world are celebrating in various ways, with some opting to…
Coming sooner: ETH devs move up the date for Merge
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake.The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer call…