German BaFin Regulates Crypto ATMs Germany’s Federal Financial Supervisory Authority, known as BaFin, has initiated a crackdown on cryptocurrency ATMs, recently confiscating 13 machines from 35 different locations as of August 20. This operation involved collaboration between BaFin, the Federal Criminal Police Office (BKA), local law enforcement agencies, and the Bundesbank. According to the regulatory […]
As blockchain technology continues to evolve, the focus on security becomes paramount. Solana, a high-performance blockchain designed for decentralized applications and crypto projects, has gained significant traction due to its unique security model. This article delves into the various components of Solana’s security framework, exploring how they collectively protect the network and its users. Overview […]
Bitcoin Whales Increase Holdings by Only 1% Monthly Recent trends show that large investors in Bitcoin have drastically reduced their accumulation rate compared to earlier this year, prior to achieving all-time highs. According to recent research, Bitcoin currently requires increased demand to reach new all-time highs, as the accumulation by whales has significantly slowed. Decrease […]
Polychain Secures $6.7 Million Investment in Bitcoin-Focused Yield Network, Corn Corn is designed to tap into Bitcoin’s extensive liquidity, estimated at $1.1 trillion, for decentralized finance (DeFi) applications. Polychain Capital has announced an investment of $6.7 million into Corn, a new yield-generating network that focuses on Bitcoin. This Ethereum layer-2 (L2) network utilizes a tokenized […]
The gaming industry has experienced a significant transformation over recent years, with the emergence of blockchain technology paving the way for innovative gaming economic models. One of the most significant trends in this domain is the Play-to-Earn (P2E) model, particularly prominent within Non-Fungible Token (NFT) games. This article seeks to elucidate the fundamentals of Play-to-Earn […]
Ledn Achieves a Milestone with $50 Million Bitcoin-Backed Syndicated Loan Ledn has made headlines with its innovative $50 million loan secured by Bitcoin, marking a significant development in the realm of retail lending and institutional crypto finance. On August 20, Ledn, a leading digital lending platform, announced the successful acquisition of this groundbreaking syndicated loan, […]
Bitcoin Price Analysis: BTC Surges 2.5% While Eyeing $61,000 On August 20, Bitcoin aimed for weekly highs as it attempted to break above the $61,000 mark, adding to the anticipation of a potential price recovery. Macro Sentiment May Propel Bitcoin Higher According to data from various market analysis platforms, Bitcoin reached local highs of $61,424 […]
In recent years, the digital landscape has been revolutionized by the rapid rise of non-fungible tokens (NFTs). These unique digital assets have transformed collectibles, art, and even gaming in unexpected ways. What started with Cryptokitties has evolved into a vast ecosystem of digital ownership and creativity, paving the way for a new era in the […]
Three Factors Indicating Bitcoin’s Potential Activity in September Despite Bitcoin’s inability to surpass the psychological threshold of $60,000 in recent weeks, long-term holders (LTHs) are displaying a positive outlook as the year progresses into 2024. Current Market Context Bitcoin’s price has remained below the 200-day exponential moving average (EMA) for two consecutive weeks; however, a […]
Unknown Crypto Whale Acquires WBTC Amid Ongoing Issues A mysterious wallet has recently accumulated over $118 million in Wrapped Bitcoin (WBTC) within just one week, as reported by blockchain analytics service Lookonchain. Recent Activity In a post on August 19, Lookonchain revealed that this unknown “whale” wallet had purchased more than 347 WBTC, valued at […]
