The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners. The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bit
River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve
River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of exchanges like FTX shook consumer trust. River CEO Alex Leishman stated, “River Proof of Reserves
Samourai Wallet Founder Stays Under House Arrest After Evidence of Escape Plans
Keonne Rodriguez, founder of Samourai Wallet, was denied a request to change his bail conditions by a Southern District Court of New York judge. He faces charges of money laundering conspiracy and operating an unlicensed money-transmitting business.
Revolut Expands Crypto Offerings with Planned Stablecoin Launch
Fintech giant Revolut is planning to launch its own stablecoin, Coindesk reported, citing sources familiar with the matter. With plans to strengthen its crypto-asset offerings, the London-based firm aims to join PayPal, Ripple, and BitGo in the highly profitable stablecoin market. Insiders suggest the firm is positioning itself as a key player in t
Fake Followers Scandal: Crypto Influencer’s Award in Question
Crypto influencer Professor Crypto is under fire after allegations surfaced suggesting he used bots to boost his social media influence.
Vitalik Buterin Discusses Ethereum Progress and Sings at Token2049 in Singapore
Ethereum co-founder Vitalik Buterin took the stage at Token2049 in Singapore, drawing attention to a major milestone in Ethereum’s evolution—the drastic reduction in Layer-2 (L2) transaction fees.
MiCA Crypto Alliance Teams Up with DSF to Nail Down Regulatory Compliance
The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, which includes Hedera, Ripple, and Aptos Foundation as founding members. This new association aims to facilitate compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, set to take full effect by the end of this year
BlackRock Releases a New Report, “Bitcoin: A Unique Diversifier”
Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world’s largest asset manager. JUST IN: 🇺🇸 $10 TRILLION financial Giant BlackRock released a full report on #Bitcoin, saying itR
Crypto-Backed Mortgages: The Future of Real Estate Financing?
Crypto-backed mortgages are redefining real estate financing by allowing borrowers to use their cryptocurrency holdings as collateral. This opens new opportunities for those with significant digital assets but non-traditional financial backgrounds. The post Crypto-Backed Mortgages: The Future of Real Estate Financing? appeared first on Coinbackyard
Cardano Whales Miss 20 billion Transaction Mark; ADA Price Under Pressure
Two days ago, Cardano (ADA) seemed poised for a rally toward $0.40. However, the momentum faded as crypto whales pulled back. While ADA’s long-term potential remains strong, short-term indicators suggest a less optimistic outlook. Source: https://dailyhodl.com/2024/05/01/cardano-whale-signal-historically-correlated-with-price-reversals-flashes-gre