The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect and allowing the cryptocurrency … Read more
The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25. The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics. Mechanically, the halving itself shouldn’t affect the price of … Read more
By the end of Friday, the size of the reward for mining bitcoin will have been cut in half. The event—known as the halving—takes place roughly once every four years, and it can be fatal for the mining companies that compete for the newly minted cryptocurrency. “You don’t see that in any other industry,” says … Read more
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images Telegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service’s linked blockchain. Telegram, which has roughly 900 million users worldwide, on Friday said it will now give users on the app the option … Read more
Omar Marques | Lightrocket | Getty Images Bitcoin rose above $64,000 on Friday, rebounding from a drop below the $60,000 mark, as the cryptocurrency continues to experience volatility ahead of the upcoming halving event. The price of bitcoin was $64,739.04 at around 6:15 a.m. ET, according to CoinDesk data, up more than 5% from 24 … Read more
VICTORIA, Seychelles, 19 avril 2024 /PRNewswire/ — Bitget, plateforme d’échange de cryptomonnaies et société Web3 de premier plan, est fière d’annoncer le lancement en Europe du Programme de leadership Web3 – Apprenti COO Bitget, pierre angulaire de son initiative de responsabilité sociale des entreprises (RSE) Blockchain4Youth. Ce programme est conçu pour donner des moyens d’action et de … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images A New York federal jury on Thursday convicted a Puerto Rico man of a $110 million scheme that was the Department of Justice’s first-ever cryptocurrency open-market manipulation case, prosecutors said. The man, 28-year-old Avraham Eisenberg of San Juan, faces a maximum possible sentence of 20 … Read more
CHICAGO, April 18, 2024 /PRNewswire/ — BlockFills, a market leader in digital asset trading technology with 24/7 digital asset liquidity provision being among the firm’s boutique of consultative fintech services, announced their full integration with Centroid Bridge of Centroid Solutions. Centroid Bridge is an institutional-grade connectivity, execution, and reporting system provides brokers, institutional, and multi-asset financial clients … Read more
The bitcoin “halving” is almost upon us. This technical event, written in bitcoin’s code, happens every four years. In simple terms, it is when the rewards for bitcoin miners are cut in half. This reduces the pace at which new bitcoins enter the market. Since there will ever only be 21 million bitcoins, the halving … Read more
An analysis performed on behalf of WIRED by crypto auditing company Hacken identified red flags in the token’s underlying code that might in some circumstances betray a scam. Those included the absence of a function that prevents the issuer from stealing away with the pool of tokens set aside to make trading on the secondary … Read more
