Reserve Bank of New Zealand Releases Digital Currency Consultation Paper
Bitcoin.com
by Terence Zimwara
2h ago
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also be denominated in the local currency. Universal Access ..read more
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Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure
Bitcoin.com
by Terence Zimwara
5h ago
The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve Managers to Grapple With U.S. Dollar According to the ..read more
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Worldcoin Rejects Buenos Aires’ Claims Regarding Abusive User Contract Clauses
Bitcoin.com
by Sergio Goschenko
7h ago
Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved ..read more
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Legendary Boxer Mike Tyson Joins Blockchain Social Network
Bitcoin.com
by Terence Zimwara
10h ago
Boxing legend Mike Tyson has become an ambassador for the blockchain-based social networking app, Ready to Fight. Tyson describes Ready to Fight as a boxing-centric social network that assists boxers and the boxing community with their business needs. RTF Aims to Revolutionize the Boxing Ecosystem Former heavyweight boxing champion Mike Tyson has joined the Web3 ..read more
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After Halving Event, Bitcoin Transaction Fees Soar to Over $240
Bitcoin.com
by Jamie Redman
10h ago
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Bitcoin Transaction Fees Skyrocket Above $240 ..read more
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Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards
Bitcoin.com
by Jamie Redman
11h ago
At 8:12 p.m. ET on Friday, April 19, 2024, the Bitcoin network marked its fourth block reward halving at block height 840,000. Block 840,000 was mined by Viabtc, securing the notable ‘epic satoshi’ for the fortunate mining pool and a 3.125 BTC reward. The Halving Is Now Complete Bitcoin’s latest halving event occurred at block ..read more
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Global AI Revolution: WorkML.ai Hub and WML Token
Bitcoin.com
by Media
12h ago
PRESS RELEASE. WorkML.ai is developing a revolutionary platform that will harness the potential of hundreds of thousands of annotators from around the globe. Through comprehensive training programs, WorkML.ai aims to qualify annotators to produce high-quality Metadata, essential for enhancing AI models. Annotators will be compensated in WML tokens for their contributions, creating a dynamic ecosystem ..read more
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Tether Officially Reorganizes, Announces Four Different Business Divisions
Bitcoin.com
by Sergio Goschenko
13h ago
Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data, focused on tech developments; Tether Finance, dedicated to the digital assets business; Tether Power, dealing with mining operations; and Tether Edu ..read more
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Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
Bitcoin.com
by Jamie Redman
15h ago
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time ..read more
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Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members
Bitcoin.com
by Sergio Goschenko
17h ago
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members based on the hashrate on the ..read more
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