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Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin Scalability Using Zero-Knowledge Proofs Blockchain firm Starkware revealed its ambitious strategy to enhance Bitcoin’s scalability … Read more
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC Collaborates With Republic to Sell 10% Stake to Supporters Watford Football Club, commonly known as … Read more
In the past week, JASMY Coin has experienced a remarkable surge of 40%, extending its gains to an impressive 88% over the past month. This bullish trend has attracted significant attention, particularly from DWF Labs, which recently deposited another 12 million JASMY ($461,000) to Binance at $0.03845 per token. Over the last three days, DWF … Read more
The price of $GME on Solana has skyrocketed by more than 300% after a recent post by @TheRoaringKitty, a prominent figure in the GameStop trading community. This surge in price has triggered the limit order of a savvy trader, who sold 3.5 million $GME for 260 $SOL, valued at approximately $43,000, at a price of … Read more
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils Previous Transactions From 2013 On Monday, … Read more
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched a global hub in El Salvador. Paraguayan Authorities Shut Down … Read more
Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related … Read more
Traders are being cautioned to exercise vigilance when dealing with tokens promoted or launched by celebrities. A recent report from Lookonchain revealed that Caitlyn Jenner has earned 2,381 $SOL (approximately $405,000) by launching twelve meme coins on the Solana blockchain over the past four days. On May 27, Caitlyn Jenner (@Caitlyn_Jenner on Twitter) launched a … Read more
In a significant development, Grayscale has reportedly commissioned Flow Traders to sell 5,812 ETH, valued at approximately $21.75 million. This move is speculated to be for covering the management fees of the Ethereum Trust Fund. Grayscale imposes a 2.5% annual management fee on the Ethereum Trust (ETHE). With the current holdings standing at 2.97 million … Read more