As we approach the midpoint of 2023, the Bitcoin network stands on the cusp of a significant milestone — the forthcoming block reward halving, expected to occur within the next 300 days. Projections suggest this event will transpire between April 21 and 27, 2024, resulting in a 50% reduction in mining rewards. This impending shift… Continue reading Bitcoin’s Approaching 2024 Halving: Navigating New Realities for Mining Rewards

Arthur Hayes, the former CEO of Bitmex, has recently published a thought-provoking blog post asserting that bitcoin is poised to become the primary currency for artificial intelligence (AI). Hayes argues that in the evolving landscape of AI, bitcoin’s characteristics make it the ideal currency, given its accessibility, digital nature, and complete automation. Arthur Hayes Envisions… Continue reading Arthur Hayes Foresees Bitcoin as the Premier Currency for Artificial Intelligence

The New York Federal Reserve, alongside a consortium of financial institutions, has announced the completion of a successful proof-of-concept test for the Regulated Liability Network (RLN). This network envisions the implementation of a dollar-based interbank central bank digital currency (CBDC), showcasing the potential for near real-time dollar payments and cross-border settlements. New York Federal Reserve… Continue reading New York Federal Reserve and US Banks Conclude Successful Test of Programmable Dollar-Based CBDC

Olga Skorobogatova, the first deputy chairman of the Central Bank of Russia, has indicated that the digital ruble, the Russian central bank digital currency (CBDC), may see its launch by 2025. A pilot test for the CBDC is slated to be conducted later this year, contingent upon the passage of a bill regulating the operations… Continue reading Central Bank of Russia: Digital Ruble Launch Expected by 2025

David Marcus, CEO of Lightspark and co-creator of the Diem cryptocurrency project (formerly known as Libra), has articulated his vision of transforming Bitcoin into a global payments network. Marcus likened the current state of global payments to the “fax era,” highlighting the absence of a universal protocol for seamless value transfers over the internet. In… Continue reading Lightspark CEO David Marcus Advocates for Bitcoin as Global Payment Infrastructure:saidb zcxlv isadg ZXC

An analysis of nearly 300 questions has revealed that the phrase “What is an NFT?” is the most searched crypto-related term in the US, with an average of 39,459 monthly queries. This search volume for NFT-related inquiries surpassed the average by 2,575%. Interestingly, queries for “What is the blockchain” followed closely behind, with a search… Continue reading ‘What Is an NFT?’ Emerges as Most Searched Crypto-Related Phrase in the US — Study:kiasb zxc.lk adsf’jzcv

Oracles play a pivotal role in blockchain ecosystems by facilitating access to external data sources, thereby serving as bridges between decentralized applications (dApps) and real-world information systems. These entities act as conduits for decentralized finance (DeFi) applications, enabling them to interact with off-chain data and perform specific tasks based on this information. Understanding Oracles In… Continue reading Exploring Oracles: Key Players in the Decentralized Finance Landscape:asdkl zxc;n sa;dmzx

While Ripple and its native cryptocurrency XRP have faced criticism, they also boast a dedicated community of advocates who view them as the future of decentralized finance and cross-border settlement. In this comprehensive guide, we’ll delve into the history of Ripple and XRP, exploring their origins, objectives, advantages, criticisms, and key figures. Unraveling Ripple’s Genesis:… Continue reading Exploring the Evolution of XRP: A Dive into Ripple’s Journey and Impact:ask as;dohXC ;sadfcv

Payment processor Paypal has announced plans to introduce on- and off-ramps to facilitate crypto payments for Web3 platforms. This move aims to enable merchants in the sector to broaden their user base by integrating with Paypal’s payments system. Paypal’s Initiative to Facilitate Web3 Payments On Monday, Paypal disclosed its intention to enhance access to crypto… Continue reading Paypal Expands Crypto Payment Options for Web3 Merchants in the US:sauj suad uzb xoiazx

Alex Mashinsky, the former CEO of Celsius Network, has taken a proactive stance against the Federal Trade Commission (FTC) lawsuit filed against him by filing a motion to dismiss. In this legal maneuver, Mashinsky contends that the FTC has failed to provide evidence of any legal violations on his part. His legal team argues that… Continue reading Former Celsius Network CEO Alex Mashinsky Challenges FTC Lawsuit, Seeks Dismissal:iasdb as s;oadhixzc