Daily Bitcoin News
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Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum

The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance. Bitcoin’s Post-Halving Resilience Contrasts With Ethereum’s Struggles, Says Glassnode...

Tue May 14, 2024 15:43
Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain

The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide powered by blockchain, and the first in Africa. A Blockchain-Powered Government The Vice President of Ghana,...

Tue May 14, 2024 14:44
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise

Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the billions of dollars. Discreet Log Contracts (DLCs) are poised to change that by allowing users in the space, for the...

Tue May 14, 2024 11:45
Coinshares Reports Its Most Successful Quarter Ever in Q1

Coinshares International Limited, a European investment company specializing in digital assets, has announced its Q1 2024 results, marking the most successful quarter in the company’s history. The company reported a 216% year-over-year (YoY) increase in revenue, gains, and other income, and an over 4x YoY increase in adjusted EBITDA. Total comprehensive...

Tue May 14, 2024 10:45
Okx Launches in Australia With Comprehensive Crypto Services

Global crypto exchange and Web3 technology company, Okx, has officially launched its services in Australia. The platform now offers spot trading for all users and derivatives trading for verified wholesale clients. Users can deposit and withdraw AUD via most Australian banks and have access to express buy/sell, P2P, convert functions, and spot trading....

Tue May 14, 2024 09:44
Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack

Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole, a project enabling token and data transfers between blockchain...

Tue May 14, 2024 09:44

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