Despite the activation of Taproot on the Bitcoin network in November 2021, data available at transactionfee.info shows that only approximately 0.37% of all Bitcoin transactions use it, as opposed to 85% for the Segregated Witness update, which was activated in August 2017. The Taproot Bitcoin core update was activated in November 2021, promising many new features...
MicroStrategy CEO Michael Saylor called his multi-billion dollar purchase of bitcoin a "huge success" in adding value to shareholders. He wrote about this in a letter to investors, published last Thursday. “The adoption of bitcoin as our primary treasury reserve asset has separated us from regular competitors and lifted our brand,” he wrote. However, he called the...
The Ministry of Finance of Russia handed over to the government an amended and finalized bill on cryptocurrencies. Twitter users mistakenly thought it recommended the use of cryptocurrencies as "legal tender". But the wording is somewhat different. Earlier on April 8, the Russian Ministry of Finance announced the amendments and finalization of the upcoming cryptocurrency bill,...
The founder of the DeFi project yEarn Finance, Andre Cronje, announced the need to regulate the crypto industry and ran into criticism from the community. At the beginning of March, Cronje left the crypto industry along with Fantom Foundation Senior Architect Anton Nell. The latter announced their withdrawal from the approximately 25 projects they worked on. On...
Virtual coin market expert Ali Martinez analyzed the price chart of the flagship cryptocurrency Bitcoin. The analyst stated that the value of the digital coin could drop to $27,000 under certain conditions. Martinez assured that in order for this not to happen, it is important for the bulls to stay above certain values. According to the...
In the next few years, VCs will no longer receive “free money” from financing early-stage crypto startups, so they will have to select projects more carefully. About it declared opinion leader Cobie, also known as Crypto Cobain. “The shoot-and-pray VCs will go bust, losing everything. The successful ones will have a combination of highly concentrated primary...
Popular crypto analyst Mikael van de Poppe spoke about his predictions for several leading altcoins. According to the expert, he is optimistic about Ripple and Litecoin. The specialist predicted a rapid growth in the value of these assets and predicted the dominance of bulls in the market. According to the analyst, he developed this point of...
Three Chinese banking supervisors have issued a warning against non-fungible tokens (NFTs) at a time when the industry is booming worldwide. Recognizing that NFTs are an innovative application of blockchain technology that can enrich the digital economy, three observers warned that they could potentially be used for money laundering, speculation and illegal financial activities. Regulators have indicated...
The CEO of Grayscale Investments explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act if it does not approve a spot exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) has approved not one, but two different Bitcoin futures exchange-traded funds (ETF) structures. This has led to optimism...
Today, we are excited to announce the winners of the recent Gitcoin GR 13 Hackathon. Gitcoin is recognized as one of the preeminent blockchain development communities focused on building community and applications for Web3. SubQuery partnered with Gitcoin in March to sponsor four awards with a total prize pool of up to $22,000. The hackathon ran...
