Web3 ecosystem thrives as AI DApps capture 28% market share
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.
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Bitcoin tracks $39K ahead of Europe vote on proof-of-work legality
Bitcoin (BTC) stayed steady at $39,000 into March 14's Wall Street close as stocks took the opportunity to reclaim some losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBulls need "miracle" $40,600 reclaimData from Cointelegraph Markets Pro and TradingView showed BTC/USD unmoved at the opening bell on March 14.The pair had rebounded from a last-minute comedown into March…
Expert: Renewable Energy Not Enough for Bitcoin’s Sustainability Problem
Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March 14.The research cites estimates from de Vries’ website, according to which Bitcoin consumed anywhere from 40…
Wormhole raises $225M at $2.5B valuation
The protocol reached a total value locked of $3.8 billion at its peak. 301 Total views 4 Total shares Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless
Marathon’s Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. 447 Total views 9 Total shares United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin (BTC) in August — 9% less than in July but five times
Satoshi Nakamoto Had Outside Cryptography Help, Says Early Bitcoin Dev
Satoshi Nakamoto sought help from expert cryptographers, which allowed him to make Bitcoin secure, says an early developer. 2737 Total views 40 Total shares According to an early Bitcoin (BTC) developer, Satoshi Nakamoto sought help from outside cryptographers prior to launching Bitcoin.Laszlo Hanyecz, who worked closely with Satsohi in 2010, told Cointelegraph that he was…
Ripple and Brazil’s Central Bank Hold Closed Meeting to Discuss ‘Institutional Matters’
Ripple continues to expand its presence in Brazil, holding a meeting with officials at the country’s central bank. 787 Total views 38 Total shares Ripple, the company associated with the XRP cryptocurrency, had a closed-door meeting with the central bank of Brazil on May 30 to discuss “institutional matters”. According to the financial institution’s website, its…
Crypto adoption in Cyprus beefed up by ByBit license approval
Following Binance's departure from the island, ByBit strengthens Cyprus' crypto ecosystem with license approval for operations Crypto exchange Bybit has announced a license approval to operate as an exchange and custody service in Cyprus. The world’s third most visited crypto exchange will begin offering to trade between crypto and fiat currency pairs and crypto-related financial…
Bitcoin Holds Just Over $4,000 as Top Cryptos See Slight Losses
Sunday, March 24 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, according to data from CoinMarketCap.Bitcoin (BTC) is down just over a tenth of a percent on the day, trading at around $4,021, according to CoinMarketCap. Looking at its weekly chart, the current price is just…