635 articles found
Remembering Crypto Pioneer Hal Finney: 9 Years On
He received the very first Bitcoin transaction in history, sent by the mysterious Satoshi Nakamoto. Regrettably, Hal’s battle with ALS culminated in his physical paralysis and eventual passing on August 28, 2014, in Phoenix, Arizona, at the age of 58. Finney was at the forefront of those who embraced the fascinating technology of human cryopreservation — the process of freezing bodies for potential revival in the future. Hal’s vision and unwavering belief in the power of decentralization laid the foundation for the innovations we enjoy today. His legacy lives on, inspiring countless enthusiasts worldwide to carry forward his passion for crypto and innovation.
$40 million in BTC may be sold by hackers
The FBI has sounded the alarm bells: Lazarus Group and APT38, North Korean hacker collectives, could potentially sell off stolen cryptocurrency amassing $40 million, potentially affecting Bitcoin's valuation. Through their investigative work, the agency has identified nearly 1580 BTC across six distinct Bitcoin addresses. The stolen assets are reportedly from Alphapo, CoinsPaid, and Atomic Wallet. In aiding market monitoring, the FBI has disclosed the associated wallet addresses, urging vigilance on any transactions involving them.
Upcoming Bitcoin halving predicted to boost prices
Investment fund Pantera Capital has forecasted a boost in Bitcoin's price following the forthcoming halving in April 2024, a pattern observed in the past. With historical trends as a basis, they anticipate Bitcoin will hit $35,000 before the halving and surge to $148,000 by 2025. Decisive events, like a positive court verdict for XRP and the greenlight for BlackRock's spot Bitcoin ETF, are expected to shape these potential outcomes.
European Crypto ETPs See Inflow Surge
European crypto-related exchange-traded products (ETPs) experienced a boost in net inflows during June and July, breaking a nearly three-month trend of global ETP outflows. Europe-based ETPs saw inflows of €150 million in June and €60 million in July. The trend change might be attributed to BlackRock's spot bitcoin ETF application. However, recent data indicates a downturn in August, possibly due to the SEC's delay in deciding.
Central African Republic Dives Deeper into Tokenization
The Central African Republic (CAR) is expanding its Sango blockchain initiative to include the tokenization of land and natural resources. Recently, the CAR National Assembly passed a law, receiving unanimous approval, that facilitates online business visa applications and simplifies the process for both locals and foreigners to establish businesses in sectors like real estate, agriculture, and forestry. This move follows CAR's earlier efforts in the crypto space, including the launch of Project Sango in May 2022 and its brief adoption of Bitcoin as a national currency.