Layer 1
The original cryptocurrency and proof-of-work blockchain.
A peer-to-peer electronic cash system launched in 2009. Proof-of-work mining secures a UTXO ledger with a fixed 21 million coin supply; Script, SegWit and Taproot enable programmable spending conditions, and the Lightning Network adds fast off-chain payments.
BitcoinBeginnerDuring the cryptocurrency winter of 2022. Several Bitcoin miners, including Compute North, Celsius Mining, and Core Scientific, filed for bankruptcy. While Hut 8 CEO Asher Genoot remained optimistic about the future, particularly post-halving. Genoot anticipates a significant decline in Bitcoin…
#crypto
Today, the cryptocurrency market saw a major downturn. Bitcoin, the leading digital currency, plummeted in value. Its price fell over 10% in a 24-hour period, causing concern among investors and analysts. Several factors contributed to this decline. First, regulatory uncertainty looms large.…
#crypto
BitcoinBeginnerTHORChain, a decentralized liquidity protocol, has achieved a milestone – surpassing $10 billion in total monthly trading volume for the first time. This marks a significant achievement for the platform, highlighting its growing popularity within the DeFi (decentralized finance) space. According…
#crypto#defi
BitcoinBeginnerCEO of BlackRock Larry Fink expressed his satisfaction with the performance of his company’s spot Bitcoin (BTC) exchange-traded fund (ETF) and reaffirmed his “extreme bullishness” regarding the long-term sustainability of the cryptocurrency. “In the history of ETFs, IBIT has grown at the quickest…
#crypto#etfs
BitcoinBeginnerCryptocurrency exchange KuCoin finds itself in the eye of the storm. While facing criminal allegations and user concerns about its reserves, KuCoin received a surprising verdict of “fine” from Ki Young Ju, stated in a post on X. CEO of crypto analytics firm CryptoQuant. This comes after a surge in…
#crypto
BitcoinBeginnerThe company’s co-founder states that Giga’s new location extracts between $200,000 and $250,000 worth of Bitcoin by utilizing energy that would otherwise be wasted from natural gas flaring. Mining tickers down to $70,277 In an effort to make use of the leftover energy from “natural gas flaring.”…
#crypto#mining
BitcoinBeginnerThe London Stock Exchange (LSE) announced plans to launch a market for cryptocurrency exchange-traded notes (ETNs) on May 28th, 2024. These ETNs will track the performance of Bitcoin (BTC) and Ethereum (ETH), the two leading cryptocurrencies. The LSE will begin accepting applications for trading…
#crypto
BitcoinBeginnerSteve Wozniak, co-founder of Apple, has scored a significant victory in his ongoing legal battle against YouTube. A recent appeals court verdict overturned a lower court decision, holding YouTube accountable for its role in a Bitcoin scam that exploited Wozniak’s likeness. The lawsuit stemmed from…
#apple#scam#united-states
BitcoinBeginnerBefore Binance listed BOME, a crypto whale purchased 314 million of the tokens, igniting questions among the community about insider trading.. The cryptocurrency exchange Binance has declared that anyone who uncovers possible insider trading or wrongdoing within the exchange will be eligible for a…
#binance#crypto
BitcoinBeginnerAccording to cryptocurrency research firm Kaiko, a significant decline in market liquidity that lasted until. The closure of FTX and Alameda Research in November 2022 has now rebounded to pre-collapse levels. Kaiko data, reported in a research bulletin on March 18, indicates that the liquidity…
#crypto
BitcoinBeginnerAttestor, a London-based investment firm, has filed a lawsuit against Lemma Technologies, according to a Bloomberg report on March 18th. The lawsuit comes after Attestor saw a significant increase in the value of its FTX bankruptcy claims. Attestor was one of the biggest buyers of assets from the…
#court#crypto#ftx
