Everything Bitcoin: L2s see wave of adoption, but security needs to catch up

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts. The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top. Source: IntoTheBlock Historically, stablecoin

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. 70 Total views 3 Total shares Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow…

Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. 816 Total views 5 Total shares Own this piece of history Collect this article as an NFTSoon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange…

Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. 967 Total views 25 Total shares Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.Visa head of crypto Cuy Sheffield tweeted on May 18 that he does…

Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. 2348 Total views 12 Total shares Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the country.According to a report by…

Bitcoin has a good chance to topple $100,000 by taking market share from gold as a store of value, Goldman Sachs analysts predicted. 1253 Total views 50 Total shares Bitcoin (BTC) failed to close 2021 above the long-expected $100,000 level, but experts believe the psychological horizon is still achievable by taking gold's market share, albeit…

Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts.As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum network.Assembly…

On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges:“Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their crypto…

Bitcoin is well and truly stuck, analysis concludes, but there are signs that a BTC price breakout from an increasingly "unstable" range is brewing.