TON Foundation Launches USDT on Telegram’s Integrated Blockchain: A Milestone for Global Crypto Payments

On April 19, 2024, The TON Foundation unveiled an exciting advancement in digital finance by introducing USDt (Tether) onto The Open Network (TON). This development comes with the added benefit of integration with Telegram’s widely used messaging platform, reaching approximately 900 million monthly active users. This new Web3 experience provides an innovative opportunity for global … Read more

Bitcoin Halving 2024: ‘I Think This Is a Buy-the-News Event if You Pan Out Long Term’, Says Bitwise CIO

On CNBC’s “Squawk Box” show today or yesterday, Matt Hougan, Bitwise Asset Management’s Chief Investment Officer, talked about the upcoming Bitcoin halving and its possible consequences for the cryptocurrency’s price. In his opinion, this occurrence might lead to a strong Bitcoin price increase within the next twelve months. Based on history, he thinks that although … Read more

Crypto Trader Convicted in $110 Million ‘Mango Markets’ Case, Faces 20 Years in Prison

In October 2022, Avraham Eisenberg, a skilled crypto trader, took advantage of a vulnerability in the decentralized exchange (DEX) on the Solana blockchain called Mango Markets. By manipulating the price of Mango Market’s native token (MNGO), he was able to siphon around $110 million worth of different cryptocurrencies from the platform in a major exploit. … Read more

IMF: ‘Price of Bitcoin and the Number of Active Users Has Increased Markedly Over the Past Decade’

The International Monetary Fund (IMF), founded in 1944, is an international institution based in Washington, D.C., with 190 member nations. Its mission is to foster global monetary harmony, ensure financial stability, encourage international trade, and promote employment and economic growth that is both sustainable and poverty-reducing for all members. Each country pledges to uphold economic … Read more

Zircuit – An AI-Enabled ZK Rollup

Why you should listen Based on groundbreaking L2 research, this network’s innovative design merges robust infrastructure with zero-knowledgeproofs, offering developers an optimal experience by integrating proven technology and advanced privacy features. Users can discover innovative possibilities at the sequencer level with advanced speed and security, resulting in quicker transactions and lower costs. Zircuit is currently … Read more

Consensys Exec: ‘It Can Be Said With Confidence That the SEC Is Investigating Ethereum’

The Ethereum community is at a crossroads with the US Securities and Exchange Commission (SEC) examining if Ether (ETH) qualifies as an investment security. This scrutiny has raised alarm bells among industry insiders, including Consensys, a significant contributor to Ethereum. Bill Hughes, Consensys’ Senior Counsel and Head of Global Regulatory Affairs, expressed his views on … Read more

Cardano Foundation CEO: Cardano ($ADA) ‘Stands at the Verge of a New Era in Decentralized Governance’

This afternoon, Frederik Gregaard, the CEO of the Cardano Foundation, shared details about the new governance system intended for Cardano. This announcement signifies a significant milestone in the development process of this blockchain platform. The Cardano Foundation, located in Zug, Switzerland, is a non-profit entity responsible for managing and guiding the evolution of the Cardano … Read more

SkyBridge Capital Founder Highlights Bitcoin’s Profitability Over Four-Year Periods

Anthony Scaramucci, the founder and managing partner at SkyBridge Capital, talked about Bitcoin on CNBC’s “Squawk Box” on April 18. He covered topics such as its volatile nature, role as a safe haven asset, rate of adoption, and possible effects of US-listed Bitcoin ETFs. Scaramucci acknowledged the challenges in accurately forecasting Bitcoin’s short-term price fluctuations … Read more

Bitcoin Price Dynamics Before and After Halving Events: Bitwise Analysis

In a thorough study called “The Bitcoin Halving: A Programmatic Monetary Policy,” authors Juan Leon and Matt Hougan from Bitwise Asset Management investigate how Bitcoin’s halving events influence its pricing and mining community. This academic piece goes deep into the reduction of rewards for miners, an inherent part of Bitcoin’s blockchain system that splits the … Read more