Was Warren Buffett right? 5 Things to know in Bitcoin this week
Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide.
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Binance founder CZ receives support from crypto community as jail term starts
Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency.
Price analysis 10/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
Bitcoin $727B Annual Investment Flow Can Beat Visa Next Halving — Data
Bitcoin (BTC) is already processing 1% of the world’s GDP and the number is growing by “an order of magnitude” every halving cycle.According to statistician Willy Woo, who analyzed data from monitoring resource Coin Metrics, Bitcoin’s investment flow is $727 billion annually.BTC processes $727B per yearThe number is almost 10% of payment processor Visa’s transaction…
Canadian Regulator Introduces New Rules for Crypto Mining
Régie de l’énergie, the energy regulator of the Canadian province of Quebec, has released new rules for cryptocurrency miners. The development was announced by major Canadian electricity provider Hydro-Quebec on April 29.Under the new regulations, the Régie de l’énergie has ordered power producer Hydro-Quebec to allocate 300 megawatts (MW) to the blockchain industry. “This 300…
Crypto Booking Service Sees 33% Boost After Partnership With Booking.com
Cryptocurrency-accepting booking service Travala has seen its revenue for the month of December go up by over 33.5% month-on-month following a partnership with Booking.com.According to a post published on the firm’s official blog on Jan. 1, Travala has also seen the total monthly number of accommodation nights booked through the service reach 1,528 in December,…
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cointelegraph Research Venture Capital Database shows June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million secured in 62
How to identify and protect against routing attacks in the Lightning Network
Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs.However, like any network, the Lightning Network is not immune to security threats, and routing attacks are one of the potential risks. The effectiveness of the network may be affected
MultiversX eyes Metaverse scalability as CEO sheds light on spatial computing
The MultiversX CEO discussed the recent interest of Meta and Apple in the metaverse domain and analyzed their respective approaches. 58 Total views 1 Total shares The Metaverse concept gained a lot of traction both from the crypto community and venture capital firms during the peak of the bull run. The likes of Meta (Facebook)