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Binance likely updated bitcoin confirmation process, on-chain data reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New on-chain data has picked out activity surrounding Binance’s consolidation transactions. As observed, the latest batch of these transactions has been subjected to a replaced-by-fee (RBF) shift, escalating from 13.5 sats/vb to 56.4 sats/vb.  It is despite these transactions failing to […]
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Short-term bitcoin holders dumping coins at a loss, report reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode, a blockchain analytics firm, has released a new on-chain report indicating short-term bitcoin holders are increasingly offloading their coins on exchanges at a loss, while long-term holders remain in profit.  In the ever-evolving world of cryptocurrency, understanding market dynamics and […]
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Coinbase reveals base layer-2 network roadmap

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Base, Coinbase’s layer-2 (L2) network, has finally unveiled its long-awaited roadmap, detailing the company’s long-term goals and objectives.  According to the roadmap, the network does not plan to issue a token. Base is committed to building a secure and streamlined infrastructure […]
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Charles Hoskinson reveals Cardano’s ultimate mission

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Charles Hoskinson, the visionary who founded Cardano, made a message on Twitter not too long ago to discuss the partnership between IOG and WMC.  Hoskinson emphasized that Cardano was conceived to extend, promote compatibility, and create identity in various applications, notably […]
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BIS reveals CBDC handbook for fintech development

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent development, the Bank for International Settlements (BIS) Innovation Hub has unveiled a comprehensive handbook. Its primary aim is to support central banks in navigating the complexities of implementing offline central bank digital currency (CBDC) technology. The guide emphasizes […]
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Block’s Cash App Q1 report reveals $2b in BTC revenue

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in […]
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