Bitcoin NFTs Challenge Money as the Blockchain’s Most Important Use Case

Bitcoin NFTs Challenge Money as the Blockchain's Most Important Use Case

Bitcoin NFTs – The benefits of ordinals are that they can be used to represent fractional ownership in assets. This is a big improvement over traditional NFTs, which can only represent whole units. But there are also some drawbacks to ordinals. The biggest one is that they come with increased fees and transaction speeds. This … Read more

Near to Tightening Bitcoin Exchange Regulations in Canada 2023

Near to Tightening Bitcoin Exchange Regulations in Canada 2023

Bitcoin Exchange – This month, Canada’s umbrella markets regulator, the Canadian Securities Administrators (CSA), will tighten requirements for cryptocurrency exchanges operating in the country. This comes after the collapse of FTX, among other failings in the crypto industry. The CSA announced midway through last year that it required certain compliance “commitments” from unregistered crypto trading. … Read more

10.20% decline in Litecoin in Rout

10.20% decline in Litecoin in Rout

Canada News – By 11:34 (15:34 GMT) on Wednesday, Litecoin was trading at $78.700 on the Investing.com Index, up 10.20% for the day. Since Wednesday, November 9, 2022, this day’s percentage rise was the greatest ever. The upward movement raised Litecoin’s market size to $5.889B, or 0.54% of the overall market worth of cryptocurrencies. Market … Read more

Ethereum Whales profit from recent price drop to purchase more ETH

Ethereum Whales profit from recent price drop to purchase more ETH

Ethereum Canada Crypto News – During the most recent market downturn, several big whale purchases drove the price of cryptocurrencies back up to the local highs of 2023. On-chain statistics revealed that throughout this time, Ethereum whales who had 1,000 to 10,000 ETH added almost 400,000 ETH to their holdings. The most recent purchase is … Read more

Aztec declares the discontinuation of Aztec Connect

Aztec declares the discontinuation of Aztec Connect

Aztec declares Canada – Aztec used the occasion to make an official declaration about the discontinuation of Aztec Connect. This just so happened to be their privacy architecture, which served as Ethereum’s encryption layer. This suggests that the payments paid into the contract for Aztec Connect will be refunded. This is the situation with zk.money, … Read more

The $250 million bail arrangement for Sam Bankman-Fried was co-signed by Stanford academics

The $250 million bail arrangement for Sam Bankman-Fried was co-signed by Stanford academics.

Hi baby we will tell you about crypto and also other things the revelation that two Stanford luminaries agreed to guarantee Bankman-Fried’s bail is the latest twist in a case that has captivated Silicon Valley and beyond. A federal judge released the names of two people who co-signed Sam Bankman-Fried’s $250 million bail deal, which … Read more

Binance CEO: The Cryptocurrency market will likely switch to non-dollar stablecoins

Binance CEO The Cryptocurrency market will likely switch to non-dollar stablecoins

Binance CEO – Following recent measures against the U.S. dollar-tied stablecoin BUSD, Changpeng Zhao, popularly known as “CZ,” claims that the industry may begin to employ stablecoins pegged to the euro, yen, or Singapore dollar. According to Changpeng Zhao, the CEO of Binance, the crypto industry would “probably” begin adopting stablecoins based on the euro, … Read more

El Salvador is planning to establish a “Bitcoin Embassy” in America US

El Salvador is planning to establish a Bitcoin Embassy in America US

El Salvador – Together, the two governments will be working on a project that will help develop the cryptocurrency ecosystem in both regions. This new development comes after El Salvador’s Bitcoin Embassy opened in Lugano, Switzerland late last year. The Embassy will serve as a place where people can learn about Bitcoin and its potential … Read more

Canadian University Dubai withdraws its plan to accept cryptocurrency through Binance Pay

Canadian University Dubai withdraws its plan to accept cryptocurrency through Binance Pay

Canadian University – It was seemingly a great idea on paper that CUD was interested in collecting tuition and course fees in cryptocurrencies from both domestic and international students. But, as soon as the initiative went live, a technical roadblock caused a lot of inconvenience for students and staff. The plan was to allow students … Read more

Bitcoin increases as bank rescues eliminate haircut risk

Bitcoin increases as bank rescues eliminate haircut risk and raise rate expectations

Bitcoin on Canada Cryptocurrency – On Monday, cryptocurrency prices jumped as regulatory efforts to save one of the largest licensed banks offering services to the industry eliminated a significant immediate danger. The Federal Reserve, the U.S. Treasury, and the Federal Deposit Insurance Corporation announced on Sunday that they would backstop the deposits of Silicon Valley … Read more