Bitcoin | ForkLog

ForkLog 12 31.07.2024

Mt.Gox Transfers $2.25 Billion in Bitcoin

The bankrupt cryptocurrency exchange Mt.Gox has transferred another 33,964 BTC ($2.25 billion) to an unknown address and conducted an internal transfer of 47,229 BTC ($3.13 billion), according to data from Arkham. Analysts have been unable to determine the owner of the wallet, beginning with “bc1q26”, to which the funds were sent. The latest transaction follows […]

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ForkLog 13 31.07.2024

Senator Cynthia Lummis Proposes Bill for US Bitcoin Reserves

A forthcoming bill from Senator Cynthia Lummis aims to enable the United States to establish a reserve of the leading cryptocurrency, Bitcoin. This was reported by The Block, citing a draft document. According to the preliminary version, the initiative is titled the “Act to Stimulate Innovation, Technology, and Competitiveness through Streamlined Investments Nationwide 2024,” or […]

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ForkLog 8 30.07.2024

Argentina Registers First Company with Bitcoin and USDC Capital

Argentina’s Ministry of Justice has registered a legal entity with a capital of 0.00457621 BTC and $194.99 in USDC. This marks the first instance following the adoption of the relevant regulation. According to Bitcoincom, Argentina’s Ministry of Justice reported that a company has been registered using cryptocurrency, the first in the country after a regulation. […]

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ForkLog 12 29.07.2024

Bitcoin Miners Shift Towards Accumulation, Analyst Observes

Companies mining the leading cryptocurrency appear to have embarked on a new phase of coin accumulation, aiming to benefit from potential asset growth. This was stated by BRN analyst Valentin Fournier in a conversation with The Block. According to the expert, besides accumulating mining rewards, major players seem to be purchasing bitcoin directly from the […]

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ForkLog 16 29.07.2024

Bitcoin’s Post-Halving Trajectory: Awaiting a New Peak

July 29 marked 100 days since the fourth halving of the reward for miners in the network of the first cryptocurrency. Historically, Bitcoin has begun its ascent to ATH after this period, yet the market has not witnessed significant changes thus far. According to André Dragosch, Head of Research at ETC Group, the positive effects […]

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ForkLog 14 29.07.2024

Cantor Fitzgerald Ventures into Bitcoin-Backed Lending

Cantor Fitzgerald is set to launch a fiat lending business secured by bitcoin. This was announced by the CEO of the financial group, Howard Lutnick, as reported by The Block. The initial limit will be $2 billion, with plans to double it in the future. Clients of the company will effectively be able to leverage […]

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ForkLog 23 28.07.2024

Edward Snowden Highlights Bitcoin’s Privacy Concerns

During his speech at the annual Bitcoin 2024 conference in Nashville, former NSA and CIA employee Edward Snowden urged American voters to remain critical and not to trust politicians blindly. According to him, political figures and parties have their own interests, so it is important to “cast your vote, but not join a cult.” Snowden […]

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ForkLog 4 27.07.2024

Ukrainian Politician Advocates for Bitcoin Integration into National Economy

Ukrainian politician and former advisor to the Office of the President of Ukraine, Oleksiy Arestovych, has proposed making the leading cryptocurrency a national reserve asset. He shared this suggestion on his Telegram channel. Arestovych urged for digital gold to become part of the official assets and called for legislative protection of bitcoin, its holders, and […]

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ForkLog 12 25.07.2024

Marathon Digital Expands Bitcoin Holdings with $100 Million Purchase

MARA, formerly known as Marathon Digital, has increased its strategic bitcoin reserve to 20,000 BTC (approximately $1.3 billion) following an additional $100 million investment by the public mining company. Today, we are announcing that MARA has purchased $100,000,000 worth of BTC. And effective immediately, we are once again adopting a full HODL strategy. Learn more […]

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ForkLog 9 25.07.2024

Hashdex Files S-1 for Dual Crypto ETF

Asset management firm Hashdex has submitted an SEC application via Form S-1 to launch the Hashdex Nasdaq Crypto Index US ETF, based on Bitcoin and Ethereum. According to the document, the product will initially engage with only two digital assets, but the firm may later add other cryptocurrencies, “considering the standards of the Securities Act.” […]

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ForkLog 19 25.07.2024

Core Chain Introduces Dual Staking Model for Bitcoin

The Core Foundation has unveiled a dual staking model for Core, built upon the system launched by the organization earlier this year, reports Decrypt. This non-custodial model allows holders of the first cryptocurrency to enhance their yields by staking both Bitcoin and CORE, according to a press release. Core acts as a secondary reward provider […]

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ForkLog 22 25.07.2024

First ZK Protocol Goes Live on Bitcoin Mainnet

The rollup protocol BitcoinOS has successfully verified its first transaction using zero-knowledge (ZK) proof on the Bitcoin mainnet. We have done it! For the first time ever a ZK-proof has been verified on Bitcoin Mainnet by BitcoinOS. The final verification was confirmed in block 853626. A historic moment and a historic block. A new era […]

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