GiveCrypto, an initiative founded by Coinbase CEO Brian Armstrong “to donate directly to those in need,” donated $3.6 million to Brink, a non-profit organization dedicated to funding Bitcoin developers.Brink is pleased to donate $3.6 million to us. #Bitcoin GiveCrypto’s development funding efforts!thank you @brian_armstrong and @Coinbase As well as the team @John Herring and @FEhrsam Thank you for helping us make this happen!— Brink (@bitcoinbrink) February 16, 2024 Founded by renowned Bitcoin developers John Newbery and Mike Schmidt, Brink aims to provide financial support and mentorship to promising developers involved in open source Bitcoin development. Interested Bitcoin developers can apply…
Author: Crypto Flexs
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Welcome to the fourth article. eth2 quick update. We have a lot of touching things to talk about this week. Besides the ongoing heroic eth2 client development, highlights include: tldr; Grant differential fuzzing Sigma Prime has received a grant that will lead to: Differential fuzzing efforts For eth2 clients. These efforts are critical to the success of a multi-client network launch by helping identify consensus issues prior to mainnet. The act of “fuzzing” is the act of randomly throwing a lot of input at software to see how it reacts. When fuzzing a single piece of software, the goal is…
JPMorgan, a major player in financial solutions, issued a statement encouraging US authorities to maintain indirect control over the stablecoin Tether. Despite the fact that the Tether base is overseas. Analysts at JPMorgan believe that stablecoins are in a vulnerable position due to their dependence on the US market. They went on to say that they had to add Tether to the blacklisted wallets due to sanctions from the Treasury Department. There is insufficient clarity surrounding stablecoins, and US cryptocurrency regulation threatens their dominance. JPMorgan issued a special commentary stating that in 2022, the Treasury Department’s sanctions arm, the Office…
Binance announced a contest through its cryptocurrency derivatives division, Binance Futures, giving participants the chance to win a Tesla Model Y. According to the cryptocurrency exchange, the competition will be held over four weekly challenges from February 18 to March 17, 2024. .Binance Futures Trading, Tesla Model Y Challenge revealed and daily cryptocurrency rewards started (…)
Bankrupt cryptocurrency platform Celsius has allocated $2 billion worth of cryptocurrency to thousands of creditors. The distribution, facilitated through PayPal and Coinbase, forms part of Chelsea Network’s ongoing strategy to address its obligations to creditors. Celsius repays creditors In a recent court filing, Chicago-based Chelsea law firm Kirkland & Ellis shared an update on the distribution of creditor funds outlined in the restructuring plan. This development comes after Celsius declared bankruptcy, exiting insolvency proceedings that began in July 2022. Kirkland & Ellis said cryptocurrency distribution to U.S. holders will occur through PayPal, with Coinbase acting as a distribution agent for…
Bitcoin Matt Hougan, chief investment officer at Bitwise, said the company is ready to break new ground following the success of its recently approved exchange-traded fund (ETF) and that the BTC price could surpass $80,000 this year.early success Bitcoin ETFs have shattered records among similar products, sparking sustained flows into Bitcoin since mid-January. In an interview with decryptionHougan said Bitwise has launched the BITB spot ETF. 9 others January 10, After years of hearing from customers expressing interest in this type of product, we anticipated there would be a lot of demand. Still, Hougan said the continued demand over the…
Asia • February 16, 2024, 2:33 AM EST Posted 1 minute ago In ~ Three Hong Kong-based cryptocurrency futures exchange-traded funds hit new highs as Bitcoin surpassed $52,000 on Thursday.CSOP Bitcoin BTC -1.36% The futures ETF, Hong Kong’s first Bitcoin futures ETF, closed 3.56% higher at HK$20.92 ($2.67) on Thursday, its highest since its launch in December 2022. The Samsung Bitcoin Futures Active ETF rose 3.67% to close at HK$20.32 on Thursday, while the CSOP Ether Futures ETF rose 4.56% to close at HK$15.81, both hitting record highs. Hong Kong’s benchmark Hang Seng index closed 0.41% higher.As Bitcoin prices rose,…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Pushd’s pursuit intensifies in the pre-sale, capturing Tron and Avalanche holders eagerly joining the early investment frenzy. Tron (TRX) has shown a resilient year-to-date gain of 94% and is expected to reach a year-end value of $0.1933, while Avalanche (AVAX) is on the mend, eyeing the $50 milestone with the upcoming Durango upgrade. With innovative features and a competitive starting price of $0.094, Pushd (PUSHD) has had a pre-sale blast, attracting over 26,000 signups. As interest grows, investors anticipate…
As the cryptocurrency market continues to expand, new and innovative projects are constantly emerging. One of the projects that has attracted the attention of many investors and enthusiasts is SoonCoin. With its unique features and promising potential, SoonCoin is quickly becoming the next cryptocurrency to watch. What is Suncoin? SoonCoin is a decentralized digital currency that aims to revolutionize the way transactions are conducted. Built on the principles of blockchain technology, it ensures transparency, security, and efficiency in every transaction. The project was developed with a focus on solving current challenges in the cryptocurrency industry such as scalability, speed, and…
Cryptocurrency traders who follow closely remain bullish on the Solana (SOL)-based Dogecoin (DOGE) rival, which has posted big gains in recent months. pseudonym trader The Flow Horse says 200,300 followers on social media platform “I continue to buy WIF during intraday declines. It’s not the best until there’s a big explosion. Weekly VWAP (Volume Weighted Average Price) remains a good entry. We expect this to continue as short-term leverage continues to dissipate and spot bids remain strong. “We are targeting at least $0.80.” Source: The Flow Horse/X At the time of writing, WIF is trading at $0.373, down almost 10%…