[ad_1] Georgia proposes a bill allowing the state treasurer to invest in Bitcoin to diversify public funds. The bill aims to use Bitcoin as a hedge against inflation, with strict regulations for risk management. Georgia has introduced a bill that would authorize the state treasurer to invest public funds in Bitcoin. Many parties were quickly drawn to this action as, up to now, Bitcoin has been more recognized as a speculative asset than a state investment tool. Once regarded as ‘digital gold’ for young techies, Bitcoin is beginning to find its way into government coffers. This measure intends to diversify…
Author: NBTC
[ad_1] User activity on the Ethereum network has continued to decline, signaling weakening demand for the Layer-1 (L1) blockchain. On Sunday, daily active addresses and new wallet creations fell to their lowest levels of the year, highlighting a steep drop in on-chain engagement. Ethereum Network Activity Crashes to YTD Lows as Inflation Risks Grow According to Glassnode, the daily count of active addresses involved in ETH transactions plunged to a year-to-date low of 361,078 on Sunday. ETH Number of Active Addresses. Source: Glassnode This drop signals declining user engagement and reduced on-chain activity. It often leads to lower transaction fees,…
[ad_1] The Cardano Lace Wallet security challenge has ended after six months. During this time, no hacker has successfully penetrated the security of the PGP-encrypted paper wallet. This outcome marks a significant milestone for the Cardano network and the broader blockchain ecosystem. The Lace PGP Encryption Challenge In August 2024, Cardano founder Charles Hoskinson announced a $1 million bounty reward for anyone who could hack the protocol’s flagship Lace Paper Wallet. The program was scheduled to run until the end of 2024 or until someone eventually broke through the wallet’s defense. This was Hoskinson’s way of establishing the superiority of…
[ad_1] The Digital Chamber will elevate Cody Carbone to be its chief executive officer next month, replacing founder Perianne Boring, who is stepping down after a decade atop the oldest U.S. crypto advocacy group. As it prepares for its latest Washington, D.C., blockchain summit next week, the Digital Chamber informed its members that Boring will be moving to chair the organization’s board while Carbone — a longtime crypto policy presence — takes over as CEO. The group’s transition coincides with the long-awaited shift in the U.S. government from digital assets reluctance to an embrace from President Donald Trump and an…
[ad_1] Binance has recently announced a significant change in its internal policy regarding cryptocurrency investments by employees. According to information revealed exclusively, the exchange has now granted its employees, except those belonging to the listing team, the possibility to invest in digital assets through Binance and other platforms, however imposing a maximum limit of 5,000 dollars per year. Binance: a change of course compared to previous restrictions New rules and implications for Binance employees Global regulations and risk warnings Impact Analysis: what does this mean for the market? Conclusion: Did Binance make the right choice? Binance: a change of course…
[ad_1] Bitcoin has witnessed a notable price surge recently, with growing optimism in the market. This bullish sentiment is largely driven by substantial institutional investments and new developments in the crypto infrastructure. As of mid-February 2025, Bitcoin is trading at approximately $97,601, having reached an intraday high of $98,895. The pressing question remains: Can Bitcoin break past the $100K mark? International Adoption: A Strong Market Catalyst Institutional investors from across the globe have significantly influenced the recent Bitcoin price surge. Two major disclosures have made headlines: Wisconsin Investment Board: The state investment board revealed $321 million in holdings of BlackRock’s…
[ad_1] Ventory, a popular decentralized NFT platform, has announced its latest partnership with Synthelix AI, an AI-led DePIN entity. The partnership focuses on revolutionizing the future of AI-led decentralized ecosystems with the introduction of cutting-edge AI solutions while maintaining high levels of security and efficiency. The platform took to its official X account to disclose this development. Strategic Partnership Announcement: @Synthelix x VentoryWe’re thrilled to announce a game-changing partnership between Ventory and @Synthelix AI-powered DePIN Platform Securing the Future of Decentralized Connectivity – The Future of AI-Powered Decentralized Ecosystem.The… https://t.co/kJFIOr92NT — Ventory 🦠 (@Ventory_gg) March 19, 2025 Ventory Joins Forces…
[ad_1] Ethereum developers launched a new test network, Hoodi, on Monday that will be used to carry out the blockchain’s upcoming ‘Pectra’ upgrade. Pectra will go live on Hoodi on March 26, and if all goes well, the long-awaited upgrade will proceed to Etheruem’s mainnet roughly 30 days later, according to the network’s core developers. Hoodi was created following faulty Pectra tests on Ethereum’s other testnets, Holesky and Sepolia, which failed to finalize properly due to problems with how they were configured. Test networks like Holesky, Sepolia, and Hoodi aim to mimic the main Ethereum network — allowing developers the…
[ad_1] Mantle Network’s integration with Chainlink SCALE strengthens DeFi reliability by providing developers with low-cost, high-quality, and secure data access. The partnership enhances security and accuracy through decentralized oracle nodes, ensuring uninterrupted, real-time price updates even in volatile market conditions. Mantle Network has taken a decisive leap by joining Chainlink SCALE, integrating highly secure and decentralized Chainlink Data Feeds and Data Streams into its ecosystem. The strategic partnership aims to enhance the reliability and efficiency of decentralized finance (DeFi) applications by providing developers with low-cost and high-quality data access. .@Mantle_Official has joined Chainlink Scale to accelerate its DeFi ecosystem, with…
[ad_1] Schiff Gold LLC founder Peter Schiff believes the three entities illegally pushed for the closure of his bank after he refused to accept crypto-related accounts. Puerto Rico-based Euro Pacific International Bank (EPB) was closed in 2022 following recommendations from an investigation unit dubbed “Operation Atlantis.” Schiff made the allegations in a March 19 X post, stating: “Before corrupt IRS agents, the N.Y. Times, and 60 Minutes illegally conspired to destroy my bank, we refused to accept crypto-related accounts. Not because we didn’t want the business, but because regulators considered the industry a high risk for money laundering & tax…