BitVM, a computing paradigm introduced by Robin Linus of ZeroSync, aims to bring smart contract capabilities to the Bitcoin blockchain. The whitepaper, released on October 9, has sparked a heated debate within the crypto community. BitVM contracts are similar to optimistic rollups on Ethereum, allowing for the verification of computations without changing the network’s consensus […]
Versana, a digital platform established by major banks including Bank of America and J.P. Morgan, has achieved significant success in the syndicated loan sector. Within a year of its launch, Versana has surpassed 1,500 syndicated loan facilities, managing around $900 billion in global loan commitments. The platform aims to modernize the global investment grade and […]
The Bitcoin developer community has introduced a groundbreaking methodology called BitVM, which allows for Turing-complete Bitcoin contracts without modifying the network’s consensus rules. BitVM verifies computations rather than executing them directly on Bitcoin, similar to optimistic rollups. This development has sparked excitement and debate on online forums, with some suggesting that BitVM could render altcoins […]
Trust Wallet Token (TWT) has experienced a significant 20% increase in value, standing out amidst a week of modest gains in the digital asset markets. Trust Wallet, a popular self-custody hot wallet for cryptocurrencies, has gained recognition for its reliability and user-friendly experience, accumulating over 70 million downloads since its acquisition by Binance in 2018. […]
Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter of cryptocurrency and aims to make America the global hub for digital currencies, particularly Bitcoin. He has proposed backing the USD […]
Changpeng Zhao (CZ), CEO of Binance, has shared his observations on the historical patterns surrounding the Bitcoin halving event. He noted that the months leading up to the halving are characterized by increased discussion, varied sentiments, and heightened expectations within the cryptocurrency community. CZ debunked the belief that Bitcoin’s price will immediately surge after the […]
Billionaire investor Ray Dalio believes that the notion of “cash is trash” is no longer accurate in today’s macroeconomic landscape. Speaking at the Greenwich Economic Forum, Dalio stated that financial conditions have changed significantly in recent years, making cash a relatively attractive asset class, at least for the time being. He acknowledged that his previous […]
A widely followed crypto analyst, TechDev, has suggested that Bitcoin’s bear market is over and an expansion upward is imminent. He shared a chart with monthly candles, Bollinger bands, and an additional indicator showing the logarithmic width between the bands relative to the 200-month moving average. The chart appears to suggest that Bitcoin’s Bollinger bands, […]
David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (formerly known as Twitter), Schwartz initiated a discussion on the XRPL’s AMM feature, referring to it as an intriguing DeFi innovation. The […]
Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from regulators, and is intended to emphasize the exchange’s transparency with its users.BNB has been exhibiting accumulation trends since 22nd August, however, similar patterns […]
