Author: e_cash_top
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Backlash against identifying Bitcoin creator Satoshi Nakamoto grows on social media
[ad_1] As new information emerges that could potentially identify the creator of Bitcoin, speculation on the matter is being met with backlash on social media. Jack Mallers, founder and CEO of Bitcoin payment app Strike, said: “You guys gotta stop speculating on who Satoshi [Nakamoto] is … it’s so fiat … it’s childish … you…
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Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end
[ad_1] Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights on the odds during a Feb. 26 interview with Yahoo Finance. He said: “I certainly don’t know if the market is necessarily at a point that the SEC would…
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Bitcoin breaks $53k for first time in over 2 years as trading volume surges 30%
[ad_1] Bitcoin has broken the $53,000 level for the first time since Dec. 4, 2021, and is currently sitting around $53,538 as of press time. Ethereum is also up on the day, surpassing $3,150, an increase of 4% on the intra-day low. However, the strength of the Bitcoin-led rally can be seen in the ETH-BTC…
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Could Bitcoin’s pseudonymous creator Satoshi Nakamoto become richer than Elon Musk?
[ad_1] Bitcoin‘s pseudonymous creator, Satoshi Nakamoto, is currently the 26th richest human being on the planet based on the amount of BTC he is presumed to have owned. Nakamoto famously holds a little over $1 million Bitcoin in a wallet that has been dormant for more than a decade, which is also the primary reason…
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Bitcoin reclaims $54k two years after painful crash at the start of winter
[ad_1] Bitcoin (BTC) surged 6% on Feb. 26 to a new two-year high of $54,910 after US markets began trading, an indication of rising interest in the flagship crypto from retail and institutional investors. Bitcoin was trading at roughly $54,650 as of press time, up 5.6% on a daily basis, with a market cap of…
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Ted Cruz spearheading anti-CBDC bill over financial privacy, government overreach concerns
[ad_1] A group of Senate Republicans, led by Senator Ted Cruz of Texas, is taking legislative steps to restrict the Fed’s capacity to introduce a central bank digital currency (CBDC), spotlighting the issue as a potential focal point in the 2024 presidential campaign discussions. The legislative effort reflects broader concerns over privacy and the role…
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Polygon spinoff Avail raises $27 million in seed funding to build Web3 infrastructure
[ad_1] Avail, a blockchain infrastructure project, raised $27 million in its seed funding round led by notable venture capital firms Founders Fund and Dragonfly, according to a Feb. 26 statement shared with CryptoSlate. The raised capital will fuel the development of Avail’s three fundamental products: Data Availability (DA), Nexus, and Fusion. These components, forming what…
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Tornado Cash website, discord offline after community finds malicious code in protocol’s backend
[ad_1] Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb. 26. The exploit represents a critical vulnerability for Tornado Cash, whose trading volume already suffered…
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Saturn secures $800,000 for Bitcoin-based decentralized exchange development
[ad_1] Saturn, a peer-to-peer order book built on the Bitcoin network, secured $800,000 for its seed funding round led by Sora Ventures, according to a Feb. 26 statement shared with CryptoSlate. With this capital, Saturn intends to expedite its vision for Bitcoin-based fungibility. The funds will fuel further advancements in its technical infrastructure, team expansion,…
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MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days
[ad_1] MicroStrategy bolstered its Bitcoin reserves by purchasing 3,000 BTC for approximately $155 million within ten days. This purchase takes the business intelligence and Bitcoin development firm’s total holding to 193,000 BTC, acquired for around $6.09 billion at an average price of $31,544 per BTC. According to Nasdaq data, the news has positively impacted the…