Blockchain Financial News

Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes.

BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.”

Justin Sun were hacked in two exploits that might have stolen up to $115 million to date, the media reported. The targeted platforms include the HTX digital currency exchange (formerly Huobi), from which hackers stole around $30 million worth of cryptocurrencies, according to the company.

Charity initiatives reflect our humanness in a world too much focused on individualism and consumerism. However, trust in charitable organizations and nonprofits has declined drastically over the last few years. Many businesses and individual influencers use giving for branding and promotion, often ignoring to ensure their funds reach the destination accordingly.

Azuki DAO, an unofficial community decentralized autonomous organization surrounding the namesake nonfungible token collection, has announced its rebranding to “Bean" as it drops a proposed lawsuit against the NFT collection’s founder, Zagabond, over a $39 million minting affair. 

how to thrive in the multipolar age. The country is home to just over 0.1% of the world’s people and produces only 0.5% of its GDP, but it contains nearly 10% of the world’s oil reserves, and this wealth helps it punch above its weight. Like many emerging countries today, it straddles political and economic divisions.

UK investment funds have received the green light for tokenization, marking a strategic move to harness blockchain technology within the asset management sector.

CoinW, a major cryptocurrency exchange, has announced a new partnership with Andrea Pirlo, a renowned soccer player.

Dr. Craig S. Wright, known in the cryptocurrency world for his claim as the creator of Bitcoin, Satoshi Nakamoto, has recently penned a thought-provoking piece on «Open-Source Development.» His involvement in blockchain technology lends significant credence to his insights into the realms of digital governance and legal structures in cyberspace.

Nearly a year after the dramatic collapse of FTX, several former executives of the defunct cryptocurrency exchange have banded together to launch a new venture in the digital currency space. This new endeavor, named Backpack Exchange, is set to reshape the crypto landscape with a focus on enhanced security and regulatory compliance.

RISC Zero, a Seattle-based pioneer in zero-knowledge (ZK) virtual machine technology, has announced a groundbreaking initiative. Through a series of tweets, the company revealed its plan to open source three major technological innovations: High-Speed Recursion, Proof Composition, and a STARK-to-SNARK Wrapper. These contributions, earmarked for release under the Apache2 licensing structure, represent a major commitment to transparency, agency, and integrity within the tech community.

Bitdeer Technologies Group (NASDAQ: BTDR), a leader in blockchain and high-performance computing, has teamed up with NVIDIA to introduce a new cloud service in Asia, according to Globenewswire . Named Bitdeer AI Cloud, this service is poised to be powered by NVIDIA's advanced DGX SuperPOD with DGX H100 systems, representing a major development in the region's technological landscape.

Celestia (TIA) was one of the few tokens with a triple-digit price surge in November 2023. As a result, the token made it to most investors’ lists, and TIA is still on its bullish trajectory. Similarly, savvy investors are rushing to buy BorroeFinance ($ROE) tokens at the tail end of its second presale stage. Keep reading to see expert forecasts and opinions on these tokens.

The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.”

The decentralized exchange KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot returned by 6 am UTC on Nov. 25.

The metaverse has the potential to revolutionize how businesses promote themselves, communicate with their clients, and build economies. By creating immersive 3D experiences, companies and organizations can develop interactive user stories and experiences that foster engagement, monetization, and data visualization, unlocking billion-dollar economies and commercial opportunities for both companies and user-generated content (UGC).

As expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States, it remains one of the hottest topics heading into 2024. In Episode 38 of Cointelegraph’s Hashing It Out, Elisha Owusu Akyaw talks to Joel Kuck, CEO of Decentralized ETF (D-ETF), about how ETFs work, the potential impact of spot Bitcoin (BTC) ETFs on the cryptocurrency industry and the idea of decentralized ETFs.

As crypto community members celebrated Thanksgiving, many expressed gratitude for the progress made in the digital asset space over the years. 

A court in Montenegro’s capital, Podgorica, has approved the extradition of Do Kwon, the founder of Terra, to either South Korea or the United States. 

Meanwhile, the market capitalization of a cryptocurrency called Pepe — a meme coin based on a cartoon frog — doubled in just a few weeks. And even the price of the FTT token, which was created by the FTX exchange and currently has no real utility, has tripled in the past month on hopes that Sam Bankman-Fried’s exchange will return from the dead. Everywhere you look, there are signs that the wacky excesses of the crypto market — and fear of missing out on them — are making an unlikely comeback. As expectations of an imminent approval of a spot-Bitcoin exchange-traded fund pushes the oldest and biggest cryptocurrency ever higher, the hype has also lifted other boats — even those considered among the least seaworthy. This latest rise of digital junk follows a nearly two-year long crypto winter that saw the value of thousands of dubious projects slide — some to nearly zero — to the delight of critics and even some industry insiders. Aggressive actions by the Securities and Exchange Commission marked some crypto coins as illegal and chased some promoters away from crypto. Now it appears that the cleansing was only been temporary.

LONDON (Reuters) — British investment managers have got the go-ahead to develop tokenised funds, in which assets are split into smaller tokens backed by blockchain technology, the industry's trade body said on Friday.