Meta CEO Mark Zuckerberg suggested that his company is making progress on the first "consumer neural interfaces," or non-invasive wearable devices that can interpret brain signals to control computers. "One of the things I'm very excited about - I think we're going to start making consumer neur...

Published at: 2024-04-19

Blockchain network Ethereum is on its way to $1 billion in annual profits after it achieved net income of $365 million in the first quarter, accompanying quarterly revenue growth of 155% year-on-year. According to an April 17 report by The DeFi Report analyst Michael Nadeau, the network's first-quar...

Published at: 2024-04-19

BTC holders added a record $1.7 billion worth of BTC to "accumulation" wallet addresses in a single day, as Bitcoin's price fell below $63,000 earlier this week. More than 27,700 BTC - worth $1.75 billion at current prices - were sent to accumulation addresses in a single 24-hour period between...

Published at: 2024-04-19

The five largest Bitcoin mining companies are not selling Bitcoin despite a 50% cut due to Bitcoin's impending halving.According to an April 10 Bitwise report, Bitcoin sales by the five largest mining companies fell to their lowest level in two years in the first quarter of 2024, when the five large...

Published at: 2024-04-18

The level of interest in "halving Bitcoin" on Google has risen to its highest level ever, with projected data indicating that it is more than double that of the last halving in 2020. According to Google Trends data, search interest in the search term "halving Bitcoin" has already reached a scor...

Published at: 2024-04-18

Bitcoin's price briefly dipped below $60,000 just days before Bitcoin's long-awaited halving. However, many traders remain optimistic about Bitcoin's long-term price prospects based on historical chart patterns and institutional inflows.Despite the recent price correction, Bitcoin has regained the k...

Published at: 2024-04-18

The U.S. dollar is expected to see its "best five-day run" since February 2023, while Bitcoin has fallen over the period as interest rates are expected to remain high and the cryptocurrency has seen volatility leading to its halving on April 20.According to trading source The Kobeissi Letter, the do...

Published at: 2024-04-17

For bitcoin ETFs, zero-day inflows are perfectly normal and should not be misinterpreted as a failure of the products themselves, says James Seyffart, a Bloomberg ETF analyst. On most days, the "vast majority" of all U.S. ETFs see zero inflows - which is perfectly normal for all ETFs in the sec...

Published at: 2024-04-17

Investor confidence in Bitcoin's profitability in the mining sector after the cryptocurrency halved its profits has caused Bitcoin mining shares in the United States and abroad to fall - but these fears are not well-founded, says an industry analyst."Investors will realize that their fears were most...

Published at: 2024-04-17

The National Security Agency (NSA) is just days away from "taking over the Internet" with a massive expansion of its surveillance powers, according to NSA whistleblower Edward Snowden. Posting to X on April 16, Snowden pointed to a thread originally published by Elizabeth Goitein - co-director...

Published at: 2024-04-16

Cryptocurrency exchange OKX has joined Coinbase in launching an internal Ethereum-based Layer 2 network to provide lower fees and interoperability for users using decentralized applications.On April 15, OKX's launched the X Layer public core network, its zero-knowledge network. The network was built...

Published at: 2024-04-16

The Reserve Bank of Fiji (RBF) has issued a warning to the public against using cryptocurrencies for payments or investments. This represents a reversal of the Fijian Prime Minister's perceived stance on cryptocurrencies.Fiji residents could even face criminal charges for investing in cryptocurrency...

Published at: 2024-04-16

There could be a large outflow of Bitcoin from miners in the months following a halving, as in previous cycles, according to a market analyst.Bitcoin miners could potentially liquidate $5 billion worth of BTC after halving, according to calculations by 10x Research head Markus Thielen in an April 13...

Published at: 2024-04-15

A group with a history of blockchain fraud on platforms such as Magnate, Kokomo and Lendora is launching new programs on Blast. They recently transferred laundered funds worth about $1 million to fund their fraudulent activities.According to a ZachXBT investigator working on the chain, the funds wer...

Published at: 2024-04-15

The Nigerian government found Binance director Nadeem Arjarwalla in Kenya after he escaped from custody and is now taking steps to extradite him back to Nigeria. According to a report by local media outlet Punch, sources in the office of the Nigerian presidency revealed that Arjarwalla went int...

Published at: 2024-04-15

Ethereum users no longer have to worry about losing their initial phrases after a Pectra hard fork - thanks to a new "community recovery" feature that is part of the planned Ethereum Improvement Proposal (EIP) 3074 update.  EIP-3074 was confirmed as a new addition to the Pectra hard fork by Et...

Published at: 2024-04-12

Grayscale's flagship Bitcoin exchange-traded fund (ETF) will lower its fees, the highest of any U.S. Bitcoin spot ETF, but only after the products "begin to mature," - according to CEO Michael Sonnenshein.Sonnenshein said in an onstage interview on April 10 at the Canaccord Genuity Digital Assets Sy...

Published at: 2024-04-12

Investors will soon be able to own a piece of El Salvador's new 4,500-square-foot Hampton by Hilton hotel by purchasing tokenized shares issued on the Bitcoin Tier 2 Liquid Network. The country's first tokenized asset raise will be facilitated by Bitfinex Securities - the first licensed and registe...

Published at: 2024-04-12

Paraguay's senators have halted progress on a proposed ban on cryptocurrency mining introduced last week, with officials now considering the benefits of selling surplus energy from the Itaipu hydroelectric plant to miners instead of exporting it to Brazil and Argentina.The debate will take place at...

Published at: 2024-04-11

The Australian Securities and Investments Commission (ASIC) has appealed its court loss against Finder Wallet, a sister company of Australian fintech company Finder.com, over its "Earn" product, which was found by a federal court last month.ASIC had previously argued that the for-profit Finder Walle...

Published at: 2024-04-11

The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to decentralized exchange Uniswap.On X (formerly Twitter), Uniswap legal director Marvin Ammori confirmed the regulator's April 10 notice. "Today's Wells v. @Uniswap notice is disappointing, but not unexpected from this SEC,...

Published at: 2024-04-11

It's been more than a decade since Bitcoin's quadrennial halving event thrilled early Bitcoin holders, while instilling fear in inefficient cryptocurrency miners. And while some may even secretly hope for an end to profitability cuts (which have even bankrupted companies in the past ), most min...

Published at: 2024-04-10

US Deputy Treasury Secretary Adewale Adeyemo continued to advocate increased enforcement powers for his agency in testimony before the Senate Banking Committee on April 9. During a hearing on combating illicit financing, terrorism and sanctions evasion, Adeyemo outlined three proposed reforms to imp...

Published at: 2024-04-10

Global fintech venture funding has fallen to its lowest level in seven years, with a 16% quarter-on-quarter decline between the fourth quarter of 2023 and the first quarter of 2024. This is despite a reported 11% increase in venture funding across all sectors.  Analyst firm CB Insights recentl...

Published at: 2024-04-10

Decentralized finance company (DeFi) 1inch Network has debuted a new debit card with a function that bridges the gap between cryptocurrency and fiat. The new card was developed in partnership with Mastercard and Baanx. According to a post on the 1inch blog, the new debit cards will feature full...

Published at: 2024-04-09