In a time of economic flux and changing financial landscapes, the recent Shanghai Second Intermediate People’s Court report stands out as a significant moment for the crypto world. Daring to challenge China’s traditionally restrictive views on digital currencies, the court’s
In the heart of Europe, a unique movement is taking shape, fusing the power of art with the disruptive force of Bitcoin. Street Cy₿er, a Barcelona-based collective, has embarked on a mission to turn the streets of Europe into Bitcoin-inspired
In a significant development for the long-standing Mt. Gox saga, the Rehabilitation Trustee, Nobuaki Kobayashi, has officially extended the deadline for repaying creditors to October 2024. This delay marks another twist in the turbulent history of the defunct Bitcoin exchange,
MicroStrategy and Tesla are among the expected beneficiaries of a rule change that will allow U.S. companies to count crypto gains on their balance sheets for the first time ever. Crypto proponents argue this makes ownership of crypto assets a
Riot Platforms Inc., a Bitcoin mining company in Texas, has found a surprising source of revenue in the state’s recurring energy crises. During the August heatwave, Riot made $31.7 million from power credits, courtesy of the Electric Reliability Council of
SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
Joseph Poon and Thaddeus Dryja first proposed Bitcoin Lightning Network for fast bitcoin transactions in 2016, and the layer-2 network went live in 2018. Binance is now integrating the Lightning Network into its operation, boosting the speed of transactions on
The price of bitcoin (BTC) rose above the psychological $30,000 mark for the first time since June 2022. The cryptocurrency’s solid gains are attracting investors who are betting that the U.S. Federal Reserve will soon put an end to its
Bitcoin Ordinals inscriptions could surpass 1 million in the next few days as adoption of the protocol continues to rise. According to the Dune Analytics dashboard, 26.9% of the total inscriptions (244k) came in the first five days of April.
In an effort to find new sources of revenue, Musk has introduced a new price chart feature on his social media platform following the withdrawal of numerous advertisers. Twitter has launched a new feature that allows users to view price
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