• Sat. Sep 23rd, 2023

Latest Bitcoin & Cryptocurrency News


What Is a Blockchain?

A blockchain is a distributed database or ledger shared among a computer network’s nodes.

They are best known for their crucial role in cryptocurrency systems for maintaining a secure

and decentralized record of transactions, but they are not limited to cryptocurrency uses.

Blockchains can be used to make data in any industry immutable—the term used to describe the inability to be altered.

Because there is no way to change a block, the only trust needed is at the point where a user or program enters data.

This aspect reduces the need for trusted third

parties, which are usually auditors or other humans that add costs and make mistakes.

Since Bitcoin’s introduction in 2009, blockchain uses have exploded via the creation of various cryptocurrencies, d

ecentralized finance (DeFi) applications, non-fungible tokens (NFTs), and smart contracts.

  • Home
  • Base surges past Solana as total value locked nears $400M

Base surges past Solana as total value locked nears $400M

The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now…

Bitcoin pioneer Hal Finney talks zk proofs in 25-year-old unearthed footage

Early Bitcoin (BTC) pioneer Hal Finney shared his vision for zero-knowledge proofs more than 25 years ago, a full decade before the launch of the first cryptocurrency, Bitcoin.  The video, purportedly…

Citi Token Services will provide payments, liquidity to institutional customers

Citigroup has introduced Citi Token Services, a private, permissioned blockchain that offers cross-border payments, liquidity and automated trade finance solutions to institutional clients. The new services “will integrate tokenized deposits…

Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin, and more

Top Stories This Week Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee The Bitcoin miner who received 19.8 BTC in fees from blockchain infrastructure firm Paxos has…

NYU law professors argue ‘personal growth bets’ using smart contracts should be legal

New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based…

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet

Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade. Avalanche is currently testing a framework for building…

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past…

What are Blockchain Explorers and How Are They Used? | by Alaric Edrea

Blockchain expertise has revolutionized the best way we deal with transactions and retailer information. It has created a decentralized system that eliminates the necessity for intermediaries, giving energy again to…

Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest

The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from…

Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors

While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue. Micro Bitcoin mining devices — often…