The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.
Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. In a March 13 statement, the exchange revealed its extensive cooperation with local law enforcement agencies to promote the responsible growth of crypto in Nigeria. Over the past weeks, Binance and the Nigerian authorities have been […]
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"It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation," the regulator stated.
The world’s most popular cryptocurrency has more than doubled in value over the past year, reaching a record-breaking high of $73,750 on March 12, 2024. And if a chorus of optimistic analysts and bullish market indicators are to be believed, Bitcoin’s skyrocketing journey may not be over yet. Related Reading: On Bitcoin And Nicotine: JPMorgan […]
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin's moves around all-time highs.
Billed as “The Da Vinci Code meets Web3,” CypherClans harks back to the philosophy of the cypherpunk and Cicada 3301 movements.
Classic Minerals Limited, an Australian gold exploration company, and AuResources AG, a Swiss fintech startup, have begun a $60 million funding initiative to leverage blockchain technology to boost the gold mining and fintech sectors. The collaboration is designed to accelerate the development of Classic’s gold projects, particularly the Kat Gap Project in Western Australia and the Forrestania Gold Project, by avoiding traditional commodity trade funding. Blockchain-Backed Capital In a move that bypasses traditional banking channels, AuResources, backed by digital and tokenization-focused bank Black Manta Capital, will provide the initial $10 million in funding. This capital injection is intended to support Classic’s production capacity at the Kat Gap project and facilitate the development of the Lady Magdalene and Lady Ada deposits. By leveraging blockchain technology, the partnership introduces a new business model that aligns with the companies’ interests. Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish Classic’s Kat Gap project, situated approximately 170km south of Southern Cross, has demonstrated potential. It boasts a $41 million reserve at 2.5 grams per tonne (g/t) and additional inferred resources of $120 million at 2.19g/t within the area. Following a successful trial mining phase in mid-August 2023, the project has generated revenue, with gold sales surpassing $967,000 across the September and December 2023 quarters. The collaboration with AuResources aims to build upon this initial success, facilitating further exploration. In addition, Classic Minerals has acquired full control of the 500 km² Forrestania Gold Project Properties. The Forrestania Project, with a history of production and resources Inferred and Indicated, represents additional exploration and development for blockchain-backed financing. Gold Financing Enters The Digital Age After a long period of planning and support from investors, Ian Cooper, CEO of AuResources, expressed his excitement about the partnership by stating the following: Being able to reach this milestone today is the result of two years of dedicated work and the unwavering support of our investors. The entire team is proud to move forward, and we couldn’t have found a better partner than Classic Minerals. Furthermore, the financing structure, backed by gold “tokens” using distributed ledger technology, aims to provide investors with increased security and transparency. Related Reading: Euphoria Or False Dawn? Why The Ethereum $4,000 Party Might End Soon On the other hand, John Lester, Chairman of Classic Minerals, expressed his gratitude towards AuResources and Black Manta Capital Partners for their support, stating: The launch of this funding round firmly establishes Classic on the international stage. We are now poised to deliver exceptional value to AuResources, Black Manta Capital, and our esteemed shareholders. Overall, the partnership and the new funding strategy underscore the use and wider adoption of blockchain technology within the crypto asset industry and for traditional finance (TradFi) companies such as gold and other commodities. Featured image from Shutterstock, chart from TradingView.com
Nexo Card's holiday spending hits $50M, earning the FinTech Breakthrough Award for payment innovation.
The US led 2023's crypto gains with $9.3 billion, contributing to the global recovery of $37.6 billion after a tough year.
Discover how Polkadot's new SDK for Unity is transforming web3 game development, making it easier for creators to build on an interoperable blockchain.
In a landmark ruling, the UK High Court has declared that Dr. Craig Wright, an Australian computer scientist, and businessman, is not the author of the Bitcoin whitepaper, did not create the Bitcoin system, and did not operate under the pseudonym Satoshi Nakamoto from 2008 to 2011. The judgment comes as the culmination of the […]
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A third-party audit of the project reportedly claimed that Orb devices do not record users’ iris-codes onto persistent memory and that they only transmit codes through end-to-end encrypted messaging.
A UK judge said Dr. Wright is not the author of the Bitcoin White Paper and was not the person behind the pseudonym Satoshi Nakamoto.
With previous price achievements, Solana (SOL) has become one of the biggest cryptocurrencies in the market, garnering the attention of investors and traders as its price continues to rise, hitting a new yearly high of $172. Solana (SOL) Breaks Through All Critical Levels Solana has effectively reached a new 25-month high, reflecting a strong positive interest from crypto investors within the sector. Due to this, several market experts are predicting that the crypto asset reaching a new all-time high is on the horizon. Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish Crypto Jelle, a cryptocurrency trader and analyst has shared his insights on Solana’s latest rally on X (formerly Twitter) while noting the significance of the development. The crypto analyst pointed out that “SOL has surpassed every significant level preventing it from reaching new all-time highs.” This suggests that the digital asset could reach a new peak in the short term since there are only minor resistance levels ahead. Jelle is optimistic about Solana, asserting that he has been able to “hold SOL with ease ever since it was at $20.” Furthermore, he mentioned that he “does not have any plans of selling” his SOL holdings anytime soon, demonstrating his belief in the coin to soar higher. As Solana continues to rally, Jelle is confident that the asset will attract a lot of new retailers or investors. In addition, purchasing SOL serves as their entry point to position themselves for future gains. The post read: SOL has broken all major levels standing in the way of new all-time highs. I have been comfortably holding this one since $20, and I do not plan on selling it anytime soon. New retail will flock to Solana tokens, and buying SOL is their entry ticket. According to Crypto Jelle, SOL is one of the largest assets in his crypto portfolio alongside Injective (INJ). Jelle asserted that both crypto assets are currently moving in an upward trajectory, signaling the start of their bull run. Furthermore, he claims that SOL and INJ have reclaimed the top spot as the “altcoins market leaders.” Consequently, every other altcoin “will follow their lead” in this bull cycle. $208 Resistance Level Might Be Revisited Rekt Capital, a crypto expert has pointed out Solana’s potential to revisit the $208 resistance in the short term. At first, he underscored that the SOL is demonstrating strength similar to that of the 2021 bull cycle. Related Reading: Solana Open Interest Plunges 20%: What It Means For Price Since the digital asset broke out from the green zone, it has increased by over 118%. It has also increased by over 53% ever since it broke out of the Ascending Triangle. Due to this, he believes the “$208 resistance level might be tested again” in the coming months. So far, SOL has climbed by over 23% in the past week, indicating a rise in buying pressure in the crypto market. Featured image from Shutterstock, chart from Tradingview.com
Wright is not the pseudonymous founder of the Bitcoin network, a judge ruled on March 14.
Elizabeth Warren’s anti-crypto stance continues to draw criticisms from within the industry.
Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.
The Shiba Inu team has released the latest edition of the Shib Magazine, highlighting a new partnership and an innovative project set to potentially transform the Shiba Inu ecosystem. Shiba Inu Makes Strategic Partnership In a recent X (formerly Twitter) post, Shiba Inu’s co-founder and lead developer, Shytoshi Kusama shed light on The Shib magazine’s […]
The home of Crypto Banter offers Bitcoin arbitrage opportunities and welcomes crypto digital nomads: Crypto City Guide to Cape Town.
The strongest sector growth this year has emerged from non-serious tokens, and the rally shows no signs of stopping.
Bitcoin prices appear to have exhibited an intriguing pattern of higher volatility on Tuesdays and Wednesdays since the launch of Bitcoin ETFs on January 11, 2024, per CryptoSlate analysis. While prices have tended to rise on Mondays, Tuesdays, and Wednesdays, there have been wilder intraday swings, with several V-shaped recoveries. Over the past three weeks, […]
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COPA took Wright to court to try and prevent him from suing developers and other members of the crypto community, claiming intellectual property rights over Bitcoin's technology.
BNB Chain is looking to expand its L2 ecosystem with the introduction of its rollup-as-a-service framework.
Ahead of the mainnet rollout at the halving, Bitcoin wallet Xverse has added testnet support for the Runes fungible token standard.
Crypto.com has incurred a €2.85 million ($3.1 million) fine from the Netherlands Central Bank for operating within the European country without registration for two years. The penalty specifically targets Forix DAX Mt, the Dutch trading entity of Crypto.com. In a March 13 statement, it was revealed that the Apex Bank imposed this fine on the […]
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American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings to purchase more Bitcoin. Just a few days ago the company had sold approximately $800 million in convertible debt offerings, using the proceeds of the sale to acquire about 12,000 BTC valued at about $821.7 million at the time. Related Reading: Shiba Inu Whales Are Accumulating SHIB, Do They Know Something You Don’t? Quite frankly, MicroStrategy seems to be on a full-blown Bitcoin acquisition spree, potentially attributed to the cryptocurrency’s massive bullish rallies recently and its surge to new all-time highs. As of March 11, 2024, the business intelligence firm possesses a total of 205,000 BTC, worth over $15 billion based on CoinMarketCap’s Bitcoin price of $73,411, at the time of writing. With its latest purchase of 12,000 BTC, MicroStrategy has finally surpassed the Bitcoin holdings of BlackRock’s Spot Bitcoin Exchange Traded Fund (ETF). Additionally, the software development company has secured the top position as the leading public company with the largest Bitcoin holdings, surpassing the holdings of both Tesla and Coinbase. As of March 2024, MicroStrategy’s market capitalization has surged to $29.96 billion, reflecting an increase of 10.85% in the last 24 hours. The company is also presently ranked as the world’s 642nd most valuable company by market capitalization. MicroStrategy Sets Sights On Convertible Senior Notes Offerings Since the start of the year, MicroStrategy has purchased nearly 16,000 BTC. This time around the company has chosen to raise capital through convertible senior notes, marking a shift from the previous year when most of its funds for acquiring BTC were generated from equity. According to Market Watch’s report, the business intelligence firm’s stock value has also been on the rise recently, with MSTR prices witnessing an impressive 145% increase in a month. Related Reading: Ethereum Is Not Done: Crypto Analyst Sets New $5,000 Target As stated in its press release, the company intends to sell convertible senior notes to qualified institutional buyers. MicroStrategy has revealed plans to grant early purchasers of the notes an option to buy up to an additional $75 million worth of the notes within 13 days after the initial issuance. The software development firm has disclosed that the notes will remain unsecured, with interests payable semi-annually starting in September 2024. Additionally, MicroStrategy will have the right to redeem the notes from March 2028 or holders can request for the company to make a repurchase, with conversion terms determined at the offering’s prices. The proceeds and excess funds generated from its upcoming $500 million convertible senior notes sale will be used to expand MicroStrategy’s Bitcoin holdings and for general corporate purposes. BTC price falls to $72,700 | Source: BTCUSD on Tradingview.com Featured image from The Guardian, chart from Tradingview.com
Crypto startups often fail in droves, with some estimates claiming upward of 95% go out of business, but it’s not always clear why.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
For 48% of respondents in Aleo’s 2024 Data Privacy Report, data privacy and security are considered the most concerning issues within the tech industry.
Hong Kong's markets regulator identified Bybit as a suspicious cryptocurrency exchange and placed several of its products on its suspicious investment products list.