Everything Bitcoin: L2s see wave of adoption, but security needs to catch up

Digital lead for Calibra Ben Maurer gave a presentation on Facebook's Move programming language at the Stanford Blockchain Conference on Feb. 19. Move was created by Facebook to provide a safe and programmable foundation for the Libra blockchain. Maurer explained that Move will make it easier and more secure to program financial applications that run…

Binance US plans to close a major private funding round in the next two months to become more independent from Binance. 1301 Total views 22 Total shares Binance’s affiliate United States-based cryptocurrency exchange Binance US is targeting an initial public offering (IPO) in 2024, according to Binance CEO and founder Changpeng Zhao.BinanceUS is planning to…

Bitcoin (BTC) will continue to grow but altcoins will not feel the benefits, veteran trader and author Peter Brandt predicted in a new market forecast on June 27.Writing on social media, Brandt, who has become a vocal source on cryptocurrency prices, said that unlike the previous bull market cycle in 2017, bitcoin’s gains would not…

United States merchant services provider and payment processing firm Aliant Payments has announced it will offer free crypto transaction processing to some merchants, according to a press release Jan. 29.Aliant’s crypto processing product for merchants, dubbed CryptoBucks, was launched in 2017. As the firm announced today, free crypto processing via the platform is now available…

China’s ongoing crackdown on Bitcoin (BTC) mining resulted in a mass relocation of mining operations out of the country and it has led to a more than fifty percent drawdown in the Bitcoin network hashrate from an all-time high of 197.9 exahash per second (ehash/s) on April 15 to its current rate at 97 ehash/s. Bitcoin…

Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe news release…

Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows.Market visualization from Coin360Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap painted a gloomy picture at press time Friday, with Bitcoin (BTC) dropping about 3.5 percent in 24 hours.Having…

The saying, “Everything in moderation, including moderation,” has taken on new meaning since Facebook outsourced responsibility for content moderation to its Oversight Board following the violent events that occurred at the United States Capitol back on Jan. 6, 2021. First conceived in November 2018 as Facebook’s “Supreme Court” for public appeals, the social media giant’s Oversight Board was…

Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts. 739 Total views 3 Total shares Officials with the United States Department of Justice announced that Binance CEO Changpeng “CZ” Zhao will plead guilty to one felony charge as part of