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Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied to the Cambridge Bitcoin Electricity Consumption Index’s (CBECI) decision to update its methodology, highlighting the interconnectedness of financial analyses and industry …

JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners? Leggi altro »

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.  The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit. Binance Addresses CyberConnect Woes As …

Binance To Refund Users $1 Million In USDT Following CyberConnect Incident Leggi altro »

Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending …

Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market Leggi altro »

Blockchain analytics site Lookonchain flagged recent transactions of two on-chain addresses allegedly owned by the Polygon Foundation. The platform reported that one of these wallet addresses had transferred large amounts of MATIC – the Polygon network’s native token – to Binance in the past two days. According to Lookonchain, the two addresses, tagged as  “Polygon …

Polygon Foundation Refutes Claims Of Dumping MATIC On Binance – Here’s What Happened Leggi altro »

In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine.  This Kenya-based non-profit initiative is steadfastly working towards empowering African women through extensive financial education, emphasizing Bitcoin’s power to bring about transformative change. Bitcoin DADA, anchored …

Samara Asset Donates $10,000 To Support Bitcoin Education For Women in Africa Leggi altro »

Peach Bitcoin has officially launched Peach 0.3, while coinciding with the one year anniversary of the company. This new version introduces new features, a comprehensive wallet that seamlessly integrates with the app, enabling users to manage their bitcoin holdings effortlessly.  With this upgrade, users can send and receive bitcoin and fund a sell offer with …

Peach Bitcoin Celebrates One-Year Anniversary With Launch of Version 0.3 Leggi altro »

El Salvador, the first nation to officially adopt Bitcoin as legal tender, is once again making headlines in the world of cryptocurrency. With the combined efforts of My First Bitcoin, Bitcoin Beach, and the Ministry of Education, the nation announced the inception of an ambitious pilot program today. This initiative aims to incorporate Bitcoin education …

El Salvador Launches Education Program To Teach Bitcoin In Every School Leggi altro »

This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor. Self-custody is an absolute must for every bitcoiner. After the collapses of FTX, BlockFi, Celsius and many others, the merit of the “not your keys” mantra is beyond obvious. However, self-custody comes in many forms, and the security properties of a single-seed …

Why Advanced Bitcoiners Should Consider Upgrading To a Shamir Backup Leggi altro »

In a move that underscores the momentum of Bitcoin Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has committed to migrating its entire digital art collection from Ethereum to Bitcoin.  In total, moving the collection, which includes burning the old NFTs on Ethereum so they can no longer be traded, cost the project over $1 million …

OnChainMonkey Spends Over $1 Million to Migrate NFTs to Bitcoin Leggi altro »