Tag: News

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Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan

December 8, 2023

Source: Pixabay Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20. Directors, including independent non-executive directors, have expressed their belief that the proposed purchase authorization terms for potential cryptocurrency acquisitions are fair, reasonable, and align with…
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More Major South Korean Exchanges Begin Listing USDT

December 8, 2023

Source: FellowNeko/Adobe Another leading South Korean crypto exchange has listed the US dollar-pegged stablecoin USDT as global trading volumes begin to climb. Per Kyunghyang Games, Bithumb – the second biggest exchange in the nation – launched support for the coin on December 7. The listing follows Coinone’s November 30 listing of the coin. Both exchanges…
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Bitcoin Price Prediction: BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash

December 8, 2023

On Friday, the leading cryptocurrency Bitcoin, recently witnessed a minor retreat, touching the $43,500 mark, down by over 1% on Friday. The dip comes amidst a backdrop of significant developments, including the closure of an $18 million fundraising round by Babylon Chain aimed at bolstering Bitcoin staking initiatives. Meanwhile, Hive Digital’s analysis suggests that early…
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Brazil to Discuss Digital Currency Usage for Financial Transactions in G20

December 8, 2023

Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of using these currencies for making financial transactions and to work towards adapting rules…
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Report: Terraform Labs Co-Founder Do Kwon to Be Extradited to the US

December 8, 2023

Terraform Labs’ co-founder, Do Kwon, is on the brink of extradition to the United States from Montenegro. This development follows a decisive ruling by a high court and the endorsement from a top official. According to The Wall Street Journal, Justice Minister Andrej Milovic has confidentially agreed to the extradition, signifying a crucial twist in…
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Jack Dorsey’s Block Launches Self-Custody Bitcoin Wallet ‘Bitkey’ – Here’s What You Need to Know

December 8, 2023

Source: iStock Financial payment processor firm Block, co-founded by Jack Dorsey, is launching a self-custody Bitcoin wallet in more than 95 countries.  On December 7, Block unveiled its self-custody Bitcoin wallet named “Bitkey.” With Bitkey, investors can own, manage, and securely store their Bitcoin outside of exchanges. According to Block, Bitkey seeks to offer a…
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Chinese Cities Launch End-of-Year Digital Yuan Giveaways

December 8, 2023

Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give out up to $2.8 million worth of coins…
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Sotheby’s Announces Auction of Bitcoin-Based ‘Bitcoinshrooms’ Collection

December 7, 2023

Sotheby’s, the world’s oldest fine art auction house, recently declared its intention to conduct an auction featuring Bitcoin-based Ordinal inscriptions, marking a first in the auction house’s history. This online event is set to commence in December at Sotheby’s New York, where an exclusive selection of “Bitcoinshrooms” from the Shroomtoshi’s Ordinals collection will be on…
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Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity

December 7, 2023

After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of December. Sleeping Bitcoin Stash Stirs After a Decade On…
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Bitcoin Developer Luke Dashjr States Inscriptions Are Exploits, Hints at Future Fix

December 7, 2023

Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his negative opinion about Ordinal inscriptions, stating these leverage and exploit a vulnerability in the Bitcoin Core full node software implementation. Dashjr also hinted at correcting this “exploit” in an upcoming version of the Bitcoin node software. Luke Dashjr Divides BTC Community, States Inscriptions Could…
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