Bitcoin

Bitcoin

El Salvador & CAR Fail To Adopt Bitcoin—Is Bitcoin Failing As A Currency?

Within three years of the period, El Salvador & Central African Republic (CAR) failed to use Bitcoin as a legal tender. This development raised a very big tension among Bitcoin enthusiasts over the future adoption of Bitcoin as a payment tool. Bitcoin Adoption as a Legal Tender in El Salvador & CAR In Sep 2021,

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Bitcoin

Fed Chair Confirms US Won’t Launch Digital Dollar Under His Watch

Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where he responded to concerns

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Bitcoin

Stablecoin Supply Jumps by $17B Since Beginning of 2025

Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were

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Bitcoin

Wazirx Announced To Launch Rt Token To Compensate $230 Million Hack

Wazirx, India’s largest cryptocurrency exchange’s Founder and CEO Nischal Shetty has introduced plans to launch RT tokens those token’s value is equivalent to the value of assets stolen in the $230 million breach the platform endured. Wazirx made a promise to do Transparency With RT Tokens. According to Nischal Shetty Wazirx company has been developing

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Bitcoin

Uniswap Launches Unichain Mainnet to Boost Defi Efficiency 

Uniswap Labs has launched Unichain Mainnet, a decentralized blockchain designed to reduce transaction costs and accelerate decentralized finance (defi) operations. Decentralized Rollup Unichain Goes Live, Targets Defi Scalability The Ethereum layer two (L2) network, tested through 95 million transactions and 14.7 million smart contracts in four months, aims to enhance defi accessibility with 1-second block

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Bitcoin

KULR | Bitcoin Holdings at 610 BTC

HOUSTON – February 11, 2025 — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced it has increased its bitcoin purchases for its Bitcoin Treasury by an additional $10 million to reach a total of approximately $60 million in bitcoin acquisitions. The additional purchases

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Bitcoin

Coinbase Q4 Earnings Are Positive After Donald Trump Win

SUMMARY:- In expert, views say that coinbase to report rapid and strong growth in both subscription & services and transaction revenue for the 4th quarter of 2024 112% increase in trading volume across top exchanges of both Bitcoin and Ethereum because of Donald Trump’s presidential win in the USA In hard challenges in the crypto

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Bitcoin

Bankrupt FTX Sets Initial Payout Date for 2025, Partners With Bitgo and Kraken

FTX will initiate repayments to Convenience Class creditors on Feb. 18, 2025, nearly three years after its November 2022 bankruptcy filing. FTX Creditors to Receive First Distributions Starting Feb. 18, 2025 Eligible creditors in FTX’s Convenience Classes can expect funds within 1-3 business days starting Feb. 18, according to a Feb. 7 announcement. Distributions are

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Bitcoin

University of Austin | $5 Million Dedicated Bitcoin Fund

The University of Austin has made a bold move into the world of digital assets by launching a dedicated $5 million bitcoin fund as part of its $200 million endowment. The university partnered with Unchained, a bitcoin financial services company, to launch the fund, and is now the first U.S. university to allocate a portion

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Bitcoin

EU AI Act: A Double-Edged Sword for Startups and Small Businesses

The European Union has launched its AI regulation efforts, focusing on definitions, literacy, and prohibitions on high-risk AI. Vladimir Lelicanin, highlights the challenges of risk assessments and documentation for smaller businesses. EU AI Act: Industry, Rights Groups Split On Feb. 2, the European Union (EU) launched its effort to regulate artificial intelligence (AI) by unveiling

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