Author: NBTC
Vocal Bitcoiner and co-founder of MicroStrategy juggernaut Michael Saylor has taken to his account on the X social media platform (formerly popular as Twitter) to send a crucial message to the millions of his followers. Epic “Matrix” and “Orange pill” message from Saylor This message came after the world’s largest cryptocurrency in terms of market capitalization, Bitcoin, finally managed to recover by more than 5% – BTC surged from $54,600 to $57,520 in less than 24 hours, adding almost three thousand US dollars. By now, however, Bitcoin has dropped after showing some more volatility. At the time of this writing,…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Solana Breakpoint wrapped up over the weekend, ending the most illuminating couple of days Solanaland has seen in some time. The conference has been hyped for months, and on the content side, it delivered. We got details on Solana Mobile’s new phone, Firedancer’s testnet phase, Jupiter’s mobile app, and even Iggy Azalea’s new crypto-native online casino. Several threads outlined the litany of announcements that came out of Breakpoint. But for today’s edition, I’m going to dive into three questions…
In a recently published tweet, Ripple CTO David Schwartz, known on the X social media network as @JoelKatz commented on an X post by another user and added his comment which most likely refers to the legal overreach of the US Securities and Exchange Commission regarding crypto and “unregistered securities.” The XRP army supported Schwartz in trolling the SEC and its chairman Gary Gensler. “Accepting an offer of a contract?” X user @jeremyjudkins_ posted a photo of himself holding a branding iron with a Tesla logo on it. He tweeted that he would brand his backside with that if the…
In a press release, Garanti BBVA Kripto, one of the Türkiye’s leading digital asset platforms, has announced entering into strategic partnership with Ripple and IBM to enhance the security and performance of crypto trading platform. With more than 14,000 users and growing demand of digital assets such as the Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), the bank is investing heavily in high performance system that are secure to safeguard customer assets. A small pilot program was carried out in 2023 and after its success, the collaboration is now scaling up to the entire digital asset service of the bank.…
Solo Bitcoin miners are having a great year, it appears—despite the difficulty of minting the digital currency ever increasing. An individual miner on Thursday managed to process a block on the biggest cryptocurrency’s network, and took home 3.329 Bitcoin in total, worth $222,438 as a reward. Blockchain data shows that the block contained 3,285 transactions and was processed at 4:18am ET. Bitcoin mining is the energy-intensive job of processing blocks on the cryptocurrency’s network. Blocks are full of transaction data and are part of the Bitcoin blockchain—a nearly impenetrable ledger and one of the most secure computing networks on Earth.…
Last week, weak non-farm payrolls data from the US caused a decline in Bitcoin and altcoins, with the BTC price falling to $52,500. The subsequent recovery took the price above $57,000, and the analyst explained the price level that must be exceeded for the rise to be sustainable. Speaking to The Block, BRN analyst Valentin Fournier noted that if Bitcoin breaks above the $59,750 resistance level, a sustained uptrend could begin. But Fournier said the rise was due to two important factors. According to the analyst, the first of these is Donald Trump’s performance in today’s debate with Kamala Harris…
Hamster Cash, a hard fork of Hamster Kombat, was allegedly launched by a Hamster Kombat co-founder amid complaints of unfair airdrop allocations. The alleged co-founder, who remains unidentified, reportedly started Hamster Cash to offer a better reward system than Hamster Kombat. However, the new game apparently allows existing users to transfer in-game progress, hinting at a core link between both projects. At press time, crypto.news had not verified whether this anonymous founder was indeed involved with the viral hamster-themed Telegram mini-game. Hamster Kombat was developed by a pseudonymous team, making it difficult to confirm individuals’ identities. Hamster Cash was quietly…
Following recent secrecy around its finances, Blockchain.com faces prosecution for not filing current accounts. The last time it filed was for 2020—but it was sent only just this month. The case was heard on September 25 in Cardiff Magistrates Court. Accounts, though related to a business’s tax return, are different from taxes and primarily include financial statements to show the company is in good standing. According to court documents, the company is due to stand at a further hearing on Nov. 25. A conviction for failure to file accounts can result in an unlimited fine. In the UK, “unlimited fines”…
Cryptocurrency exchange Hata.io has raised $4.2 million in seed funding to expand its crypto offerings and user base across the Asia Pacific region. Malaysian crypto exchange Hata has secured $4.2 million in a seed funding round led by Castle Island Ventures and Cadenza Ventures. In a press release on Tuesday, Oct. 22, the exchange said the capital injection will help the company expand its product offerings and onboard new users in the Asia Pacific region, particularly targeting the retail and institutional users “who prefer to trade in fiat currencies such as the MYR and USD.” “We believe that Hata’s innovative…
Out of the ashes emerged a snarling rodent dubbed Max Punk. Open conflict, Whales besting Bored-Apes, the social layer manifest. Bitcoin leaders sent to prison, then freed by massive strike waves. HODL’ers fighting in the streets, power cuts, three-day work weeks, Maxi’s battling for Hashrates, governments brought down, Central Banks crying. The Banksters powerless. The Orange-Pilled class – loud, stacked and toxic. L’ Provocateur don’t stand downwind from sh%#tcoins. Max Punk smells of victory not of FOMO. An Orange sky at night traverses’ seas of fiat to El Salvador dreams, not NFT nightmares. Un Bukele ami très explosif. Promoting Bitcoin…