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Introduction Satoshi Nakamoto is the name used by the unknown person or people who designed bitcoin and created its original reference implementation. As a part of the implementation, in addition, they devised the primary blockchain database. Nakamoto turned energetic withinside the improvement of bitcoin up till December 2010. Around this time, he/she/they handed over…
Bitcoin Price Jumps 15% Following US Regulatory Move Bitcoin’s price surged by 15% on Monday, marking the biggest one-day increase since November 2021’s market turmoil. The rise came after US authorities took steps to allay concerns about the health of the nation’s financial system, leading to a rally in shares of cryptocurrency companies. Bitcoin’s latest…
Crypto Trade Market at Risk Due to Banks Shutdown The digital asset market has experienced a turbulent year, including high-profile blow-ups. The recent shutdowns of SVB Financial Group’s Silicon Valley Bank, Silvergate Capital Corp., and Signature Bank add a new stress level. The shutdown of crypto-friendly bank Silvergate and the closure of its electronic payments…
Bitcoin Falls for Fourth Straight Day Amid Silvergate Bank Troubles The world’s largest cryptocurrency, Bitcoin, has hit a two-month low as a selloff in the digital asset market intensifies following the collapse of another industry leader. The cryptocurrency fell for the fourth consecutive day, dropping 5.7% on Thursday to trade around $20,800. Meanwhile, tokens like…
The Future of Stablecoins? Arthur Hayes Proposes Bitcoin-Backed NakaDollar Are you ready for the future of stablecoins? Arthur Hayes proposes the Bitcoin-backed NakaDollar, relying on exchanges to maintain the dollar peg. Arthur Hayes, the co-founder and former CEO of BitMEX, recently proposed a new stablecoin called NakaDollar that Bitcoin would back. The idea behind this…
