‘Monolithic’ blockchains outperformed in September — VanEck
Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.
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MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M
MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down. MicroStrategy’s board of directors elected to make Bitcoin (BTC) the company’s primary reserve asset. The SEC disclosure stated that this may lead to the future expansion of the company's cryptocurrency holdings beyond the original purchase of 21,454 BTC, equivalent to $250 million:“Bitcoin serving as the…
‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal
The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute. 133 Total views 2 Total shares Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. 246 Total views 3 Total shares Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm
Electronics Giant HTC Announces Presale of Its Blockchain Smartphone Exodus in BTC, ETH
Taiwanese electronics company HTC has announced the presale of its widely-discussed blockchain smartphone, Exodus 1, the product’s official Twitter account reveals Oct. 23.The Exodus 1 presale was officially announced today during the Web3 summit, taking place Oct. 22-24 in Berlin. According to the HTC Exodus website, “early access” to the phone can currently only be…
Uncovering the Motives Behind North Korea’s Crypto Conference
On Jan. 15, the United Nations warned that attending North Korea’s cryptocurrency conference in February will likely constitute a sanctions violation. According to Reuters, this notice was issued in a confidential report that will be submitted to the U.N. Security Council later this month.The warning comes after a series of events sparked suspicion around North…
Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange
A top executive at Switzerland's principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6.The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion)…
PayPal reportedly confirms plans to explore the launch of a stablecoin
The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser. 707 Total views 23 Total shares American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in…
Prince Charles Recalls He Thinks Blockchain Is ‘Very Interesting’
One of the United Kingdom royal family’s most prominent members believes blockchain is an interesting development, according to candid comments he gave during a meet and greet on May 7.While visiting Berlin, Prince Charles engaged with spectators outside the Brandenburg Gate, at one point responding to a question from a cryptocurrency Twitter community member.“What do…