Coinbase has taken aim at the United Kingdom’s financial system in a darkly satirical video, which comes as data reveals a steep rise in financial hardship across the country. Titled “Everything is fine,” the video uses a musical tone and lyrics to brag about the UK’s strong finance while showing grim scenes of inflation, poverty,
According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood. Bitcoin Ownership in El Salvador Gone Viral: The Truth Behind the Numbers El Salvador
The government of the Philippines announced that it will notarize its documents on the Polygon blockchain — on the same day that the network suffered a temporary outage. Maria Francesca Montes- Del Rosario, undersecretary at the Philippine Department of Budget and Management, announced in a Wednesday Facebook post that the government’s blockchain transparency is now
AllUnity, a joint venture between DWS, Galaxy and Flow Traders, has launched EURAU, a euro-denominated stablecoin approved under Germany’s new crypto regulations. EURAU is claimed to be the first euro-backed stablecoin to be issued under the EU’s Markets in Crypto-Assets Regulation (MiCAR) and licensed as electronic money by Germany’s BaFin. The token, issued on Ethereum
Imagine your favorite fashion brand making significant moves in the digital asset space. This isn’t a futuristic fantasy; it’s today’s reality. Japanese fashion powerhouse ANAP Holdings has once again turned heads in the financial world with its latest Bitcoin investment, signaling growing confidence among traditional businesses in the decentralized future. ANAP Holdings’ Strategic Bitcoin Investment:
Bitcoin BTC$118,561.99 is witnessing a notable resurgence in accumulation activity across all investor cohorts, with whale wallets leading the charge. According to recent data from Glassnode, the number of unique whale entities, defined as those holding at least 1,000 BTC, has risen from 1,392 to 1,417 over the past week. This marks one of the
As quantum computing becomes increasingly prevalent in our lives, it is reportedly a significant threat to Bitcoin (BTC). It is being argued that quantum computing could one day undermine the cryptographic foundations that secure trillions of dollars in crypto assets. According to Decrypt, Mysten Labs has conducted new research on quantum computing and cryptocurrencies, saying
Conduit, a Web3 infrastructure platform designed to streamline user rollup deployment, has announced a strategic partnership with Zama, an open-source cryptography platform. Conduit is a rollup-native cloud infrastructure designed to make it easy for people to develop and maintain their own networks on-chain. On the other hand, Zama is an open-source cryptography platform running Homomorphic
On July 31, something rare and unsettling happened in the Bitcoin price. Five miner wallets from April 2010, untouched for more than 15 years, suddenly moved 250 BTC — now worth nearly 30 million dollars — to two new addresses. These wallets were created during Bitcoin’s earliest days, when mining was done on basic CPUs