Alvin Lang 28 Aug 2024 08:38 Learn how MultiSigWallet smart contracts revolutionize secure transactions on BitTorrent Chain (BTTC) with multi-signature capabilities. According to BitTorrent Inc., the introduction of the MultiSigWallet smart contract to BitTorrent Chain (BTTC) will revolutionize the way secure transactions are performed on blockchains. This innovative smart contract enhances security by requiring multiple approvals before executing a transaction. MultiSigWallet Contracts: Collaborative Digital Vaults The MultiSigWallet contract acts like a digital vault that requires multiple keys to open, ensuring that no one person can access the funds alone. This feature is particularly advantageous…
Author: Crypto Flexs
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Russia is likely to start using cryptocurrencies for international trade transactions starting next week. The move is part of Russia’s strategy to avoid Western sanctions imposed due to geopolitical tensions, particularly over its actions in Ukraine.The Russian State Duma recently passed a bill that would allow companies to use cryptocurrencies like Bitcoin for international trade. The bill is set to come into effect in September 2024, with the first transactions expected before the end of the year.What is the reason for this movement? The adoption of cryptocurrencies for trade aims to mitigate the impact of sanctions by facilitating transactions that…
Bitcoin’s price briefly fell back below $60,000 late Tuesday amid a broader cryptocurrency market downturn. Bitcoin Bitcoin -6.16% At the time of writing, it had fallen 5.4% over the last 24 hours to $59,600. Bitcoin price page on the block. Ether is down a significant amount of around 7.7% and is currently trading at $2,480. Among Among the top 10 cryptocurrencies, Solana was down 7% to $147.50, while Dogecoin was down 6.3% to $0.099. The cryptocurrency market is down 6.3% over the past day, according to data from The Block..“There is no single catalyst for the crypto bear market today,…
Telegram Open Network (TON) has stopped verifying new transactions and has not created any new blocks for over 3 hours. Tonk Inu, a TON-based community platform, posted on X on August 28 that the TON network is experiencing ongoing outages, blaming the market’s hype around a newly launched memecoin called DOGS. According to the TON network tracker Tonscan, the last transaction in TON was approved in block 45341899, 3 hours ago, and the network has not produced any new blocks since then.Source: TonscanCryptocurrency exchange ByBit has announced that it is suspending all deposits and withdrawals for TON until the network…
Louisa Crawford 28 Aug 2024 03:38 Binance announces support for the Kaia (KLAY) network upgrade and hard fork, and temporarily suspends deposits and withdrawals. Binance, one of the major cryptocurrency exchanges, has announced support for the upcoming Kaia (KLAY) network upgrade and hard fork. According to an official announcement from Binance, the exchange will temporarily suspend deposits and withdrawals of KLAY tokens starting from 2024-08-29 00:30 (UTC). Network Upgrade and Hard Fork Details The Kaia network upgrade and hard fork is scheduled to occur at block height 162,900,480 or approximately 2024-08-29 01:30 (UTC). This…
Company • August 27, 2024 3:20 PM EDT Posted 1 minute earlier ~ in Osprey Funds, sponsor of the Osprey Bitcoin Trust (OBTC), has entered into an agreement with Bitwise Bitcoin ETF (BITB) and Bitwise Asset Management, pursuant to which BITB will acquire all assets of the OBTC Fund. The move comes after Osprey said in March this year that it was considering a potential sale or merger with a Bitcoin ETF, among other strategic moves. Osprey had until September 1, 2024, to complete the sale or merger, or it would have liquidated OBTC.“As part of this transaction, OBTC unit…
Ethereum Foundation (EF) Contributor Josh Stark posted on social media on August 27 a breakdown of the organization’s spending over the past two years.Stark shared this information after speculation grew that the Foundation was planning to sell off a large amount of Ethereum. The rumor spread after a wallet linked to the Foundation made a large transfer.Stark also hinted that the Foundation plans to release an expenditure report ahead of this year’s Devcon, scheduled for November 12th.Funding DetailsStark shared two pie charts showing the Foundation’s funding allocations for 2022 and 2023. The charts show seven key areas: New Agencies, L2…
DOGS, a new community-driven meme coin, has hit a snag on its launch. The maximum limit of DOGS issued as reward tokens via Telegram bots is 550B. A savvy investor made $77,000 on the day the coin was listed. A new meme coin called DOGS raised eyebrows with its massive on-chain activity on the day it was listed on multiple exchanges. Listed on Binance on August 26, 2024, DOGS soared 124% to hit an all-time high of $0.001733 by the afternoon of the same day.After facing a market correction of over 20%, DOGS recorded a massive trading volume of $1.75…
Terryl Dickey 21 Aug 2024 12:30 Binance announces new limited-time offers every Wednesday via its Earn platform, including Simple Earn, ETH Staking, and Dual Investment. Binance, the world’s leading cryptocurrency exchange, has announced that it is launching new limited-time offers every Wednesday via its Binance Earn platform. According to Binance, these offers include opportunities for Simple Earn, ETH staking, and Dual Investment. Popular limited time specials Binance’s new offers are available on a first-come, first-served basis and include both flexible and locked products. Users can view their assets by going to Wallets > Earn.…
Recent price spikes in the cryptocurrency markets have been somewhat short-lived, most recently when Bitcoin (BTC) briefly rose to $65,000 on August 24. According to data from Glassnode, traders have become wary of using leverage to hedge risk and chase bigger gains in the crypto markets. In The Week Onchain Newsletter on August 27, analysts explained that the “phenomenon” or reduced appetite for speculation and leverage is reflected in the “vast number of tokens currently showing neutral funding rates,” which “makes it likely that the spot market will take the lead in the short term.” Binance Funding Rate Heatmap. Source:…