ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week
Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance.
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Developer Who Successfully Hacked Bitcoin Wallet Ensures Bitcoin Is Still Safe
John Cantrell ensures people that Bitcoin is still safe despite the fact he successfully hacked a Bitcoin wallet. 1154 Total views 58 Total shares John Cantrell, Bitcoin and Lightning Network project developer, recently revealed he had successfully hacked a Bitcoin address. His article, however, received a number of responses with many concluding Bitcoin isn’t secure.…

What is Chainlink VRF and how does it work?
Blockchain technology has spawned many applications over the past few years, the most popular being cryptocurrencies. It has also facilitated the creation of many decentralized, secure and transparent marketplaces in the digital economy. Offering far more trust since all transactions are immutably recorded on the blockchain, this technology has been well supplemented by the smart contract…

Slovenian finance ministry seeks public opinion on crypto tax laws
Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies. 884 Total views 50 Total shares Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after…

Waves to Use Vostok as Utility Tokens for New Enterprise Blockchain Solution
Waves CEO Alexander Ivanov has announced a new department for enterprise projects that will be fueled by Vostok (VST) tokens. According to a July 18 press release, Waves is opening a new company department called Waves Enterprise, which will employ a corporate blockchain solution of the same name. The Waves Enterprise solution is a management system…

Evrynet’s $7M raise highlights institutional appetite for DeFi
The market for decentralized finance continues to expand rapidly. With over $155 billion in total value locked, DeFi is becoming more attractive for institutional investors. Financial service platform Evrynet has concluded a $7 million fundraiser for its forthcoming decentralized finance app targeting institutional investors, offering further evidence that DeFi has an institutional-grade audience.The private investment…

Bitcoin open interest nears $23B as analyst warns of BTC price euphoria
BTC price gains are boosting bullish sentiment, but the latest Bitcoin market analysis calls for a balanced perspective.

NFT gaming proposition in question as regulators and traditional gaming pullback
The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft and Nintendo, among others. Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market share.However, nonfungible tokens (NFTs) are attempting to give gamers a financial incentive for playing…

Jack Dorsey’s TBD announces new Web5 toolkit
The Web5 toolkit aspires to put the control of data and identity into the hands of users. 437 Total views 8 Total shares TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, announced a novel Web5 decentralized web platform at Bitcoin 2023 in Miami on May 19. The platform aims to introduce…