Binance added the native token of the newly launched Bitcoin staking protocol Solv Protocol to its "Megadrop" scheme. The exchange announced that it allocated 6.09% of the token’s total supply, about 588 million SOLV, for the initiative. It noted that further details on rewards, Web3 Quests, and the listing roadmap ...
2024 has been nothing short of historic for the cryptocurrency industry. The year delivered groundbreaking milestones, shocking developments, and transformative shifts that reshaped the landscape of digital assets. As the year closes, let’s reflect on the top 10 events that dominated headlines and their profound impact on the crypto ecosystem. ...
The investment world is buzzing with a fascinating debate: Is Bitcoin the new gold, or does the timeless allure of gold still reign supreme? Federal Reserve Chair Jerome Powell recently stoked the conversation by comparing Bitcoin to gold, calling it "just like gold, only virtual." His remarks have reignited discussions ...
The U.S. Federal Bureau of Investigation (FBI) and Japan's National Police Agency have confirmed that the North Korean hacking group TraderTraitor orchestrated the May 2024 hack of Japanese exchange DMM Bitcoin. According to the FBI, the group is known for using "targeted social engineering" tactics in its cyber-attacks. The law ...
Japanese investment firm Metaplanet has secured 9.5 billion yen (approximately $60.6 million) through two bond issuances to bolster its Bitcoin acquisitions. In a December 20 X post, the Tokyo-listed company announced it successfully raised 5 billion yen (approximately $31.9 million). This follows a previous issuance of 4.5 billion yen (about ...
OKX has introduced the Ordinals Launchpad, a new platform designed to help creators seamlessly launch and inscribe their projects directly on the Bitcoin blockchain. The platform equips creators with essential tools, visibility, and technical support to streamline the Bitcoin inscription process. The Ordinals Launchpad platform is now accessible via web ...
The total value of Hut 8’s Bitcoin holdings now exceeds $1 billion following a $100 million purchase. In a December 19 press release, the Bitcoin miner revealed that it had acquired 990 BTC at an average price of $101,710 per Bitcoin. This latest purchase brings its total Bitcoin holdings to 10,096 ...
El Salvador has reached a $1.4 billion financing agreement with the International Monetary Fund (IMF) under a 40-month Extended Fund Facility. The deal, aimed at addressing the country's balance of payment challenges and advancing its reform agenda, comes with a significant condition: scaling back its Bitcoin-related activities within the public ...
Japanese investment firm Metaplanet expects to post its first consolidated operating profit since 2017 in its next shareholder report. On December 18, the Tokyo-based company announced its fiscal year projections for 2024, forecasting ¥890 million ($5.8 million) in revenue, a sharp increase from ¥261 million last year. It expects its ...
Bitfinex predicts Bitcoin will reach $200,000 by mid-2025, following a year filled with significant milestones, including the launch of the first-ever spot crypto ETF. A recent report indicates that Bitcoin's halving event in 2024 typically signals a bullish market trend in the following year. The report also emphasizes that ongoing ...
