Author: cryptotechbro
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.
Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm, Draper Associates. While the technical feasibility of Ark’s approach was initially debated, today’s announcement is a strong show of confidence for the future of the protocol and the builders behind it.Speaking with Bitcoin Magazine, Ark Labs’ co-founder Marco Argentieri expressed excitement about the road ahead, suggesting Ark is ready to provide a significant lift to existing scaling efforts. “This funding…
Image Credit: Siemens PLANO, Texas, Aug. 20, 2024 /PRNewswire/ — Siemens Digital Industries Software announced today that the Orient Express Racing Team is using the Siemens Xcelerator portfolio of industry software to aid in preparation for upcoming 37th America’s Cup and to gain competitive advantage. The Orient Express Racing Team, founded by sports tech company K-Challenge, brings together some of the best French athletes, engineers, technicians and experts with the aim of winning the most prestigious international sailing competitions, including the America’s Cup. Mastering this ultra-competitive environment is the drive behind the company’s creativity and capacity for innovation. Working in close collaboration with…
The Shiba Inu burn rate has seen a notable spike in the past 24 hours that suggests a turn in the tide when it comes to SHIB burning. However, despite this notable spike, it is not exactly the most encouraging of burns given the number of coins that has been burned. This report dives into the Shiba Inu burns in the last day, showing why even the large spike in the burn rate is not much to rejoice over. Shiba Inu Burn Rate Jumps 1,088.66% Data from the Shiba Inu burn tracking website Shibburn shows that the SHIB burn rate…
Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency.
Company Name: RiverFounders: Alexander LeishmanDate Founded: February 2019Location of Headquarters: Columbus, OHAmount of Bitcoin Held in Treasury: Proof of reserves launching soonNumber of Employees: 50Website: https://river.com/Public or Private? PrivateHow do you make a bitcoin-only brokerage profitable? The answer isn’t complicated.You offer the highest quality services to as many people as possible for a good price.This is the strategy Alexander Leishman and the team at River employ.And River’s high-quality services largely hinge on staying true to what Leishman calls “the Bitcoin ethos,” at the core of which is the “not your keys, not your coins” philosophy.“At River, we decided to take…
For serious students, intertwining play and activity in their educational framework could result in unmatched cognitive and academic benefits. The notion that play and creativity are mere extracurricular activities is a misconception. For serious students, intertwining these aspects within their educational framework could result in unmatched cognitive and academic benefits. When one combines the discipline of study with the innovation of creativity, the outcome is a well-rounded and adaptable mind. In this article, we delve into how the merging of learning, play, and creativity is imperative for academic success. Strategies for Incorporating Play and Creativity into Serious Study Routines Incorporating…
The Nigeria crypto market has been one of the fastest-growing crypto regions in recent years; however, despite this growth, there appears to be no regulation. The latest report from Bloomberg has signaled a shift may finally be on the horizon. According to the report, Nigeria’s Securities and Exchange Commission (SEC) is now trying to regulate the digital currency market as digital asset adoption continues to surge nationwide. Digital Asset Regulation In Nigeria: A New Era? Bloomberg highlighted that the country’s regulatory body, based in Abuja, plans to issue licenses to virtual asset providers, including cryptocurrency exchanges, as early as this…
As Ripple (XRP) continues to experience fluctuations in the cryptocurrency market, many experts are expressing doubts about its ability to reach the much-anticipated $1 mark. Despite a recent uptick in its price, the consensus among analysts is that XRP may face significant challenges in sustaining its upward momentum. In light of these concerns, some investors are turning their attention to alternative opportunities, such as the emerging token Mpeppe (MPEPE), which is gaining traction for its potential to deliver substantial returns. Ripple (XRP) Faces Uncertain Future Despite Recent Gains Ripple (XRP) has recently seen a resurgence in its price, climbing to…
The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications.