Startups can hedge bank risk with Bitcoin — Tim Draper
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin. Go to Source
Month: June 2024
BTC price needs to hold $70K next as Bitcoin weathers ECB rate cut
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years. Go to Source
Binance reinstates crypto buys with Visa, Mastercard payments
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles? Go to Source
Gold Rush: Long Lines to Purchase Bullion in Vietnam
Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven by the lower prices these banks offer to retail investors, in line with … Read more
Developer posts secret key on GitHub, loses $40K in 2 minutes
Developer Brian Guan claimed that the funds were drained in just two minutes, sparking mixed reactions within the crypto community. Go to Source
What is market depth in crypto?
Understanding market depth helps traders gauge a particular cryptocurrency’s liquidity and potential price movements. Go to Source
Avalanche Core wallet gets Blockaid security integration
The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users. Go to Source
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on … Read more
Nigerian Startup Zone Launches Blockchain-Powered Point-of-Sale Gateway
A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway facilitates transaction routing to issuers and aims to prevent chargebacks or chargeback fraud by promptly reimbursing customers for unsuccessful transactions. Eliminating Chargeback Fraud The Nigerian payment infrastructure company, Zone, recently announced the launch of a blockchain-powered point-of-sale (PoS) payment … Read more
Bitname Introduces the First Full-Scale Name Service for the Bitcoin Ecosystem
PRESS RELEASE. Bitname, the first name service provider encompassing the entire Bitcoin ecosystem, is introducing a new protocol standard, SRC101, for Bitcoin Stamps. It allows permanent storage of domain assets on Bitcoin and supports the interconversion and resolution of all Bitcoin address types. It also supports Bitcoin Layer2 and sidechain address linking through unique features. … Read more