Bitcoin News and Finance: What You Need to Know

PRESS RELEASE. Minati, a trailblazer in the digital finance industry, is thrilled to announce the launch of its game-changing decentralized finance (DeFi) token, Minati (MNTC). Positioned to redefine the digital finance landscape, Minati’s mission is to bridge the gap between decentralization, scalability, and user empowerment, thereby setting a new standard in the industry. What sets Minati apart is its commitment to community governance, privacy-oriented transactions, and the melding of DeFi with Artificial Intelligence (AI). As the first token of its kind to integrate FraAI’s capabilities, Minati is set to disrupt the financial ecosystem with AI-based fraud detection, automated trading, and risk assessment. Minati takes pride in being the first AI token set to launch on the top 5 centralized exchanges globally. In anticipation of its global launch, Minati is offering an exclusive pre-launch opportunity for early investors to acquire MNTC tokens at a significantly discounted pri...

Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment, the market capitalization of TUSD stands at approximately $3.13 billion. TUSD’s Supply Spiked 52% on June 16, Rising by a Billion Tokens In a recent stablecoin update, Bitcoin.com News shed light on the challenging times faced by the dollar-pegged token economy, with significant redemptions causing its market valuation to plummet to its lowest point in 20 months. As of June 19, 2023, the collective market capitalization of the leading stablecoins amounts to $129.99 billion , while these tokens have witnessed global trade volume of $20.84 billion in the past 24 hours. Notably, three of the top five stablecoins in terms of market capitalization, namely USDC, DAI , and BUSD, have experienced sup...

The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce local demand for the greenback. Governor John Mangudya said the tokens have a value which is “linked to the London Bullion Market Association (LBMA).” ‘Gold Token’ Bank Accounts The Zimbabwean central bank has said it is “finalizing” the establishment of a peer-to-peer (P2P) platform which is expected to facilitate digital gold token transactions. According to a June 17 Sunday Mail report, the Reserve Bank of Zimbabwe (RBZ) hopes to launch the platform towards the end of the month. The P2P platform is part of the central bank’s measures which seek to diminish local demand for the U.S. dollar and to stabilize the Zimbabwean dollar. The latest digital gold token announcement by the RBZ came just a few weeks after it launched a gold-backed digital currency. As re...

PRESS RELEASE. Paris, June 19 th 2023 – Over 1,500+ attendees, VCs, founders, start-ups, industry leaders, students, developers coming from Asia, Europe and the US gathered in Paris for the Proof of Talk Summit. In a rapidly evolving and challenging crypto landscape, they discussed the pressing issues and opportunities to shape a better future for the Web3 space. As a result of these two days of intensive talks, the Proof of Talk constitution was presented, 10 commitments to truly revolutionize the Web3 industry: transparency, community engagement, education, ethical conduct, best practices, collaboration, inclusivity, long-term vision, accountability, and advocating for positive change. “ These two days of talks have shown us that the Web3 industry, which is based on a strong sense of community, shared leadership and transparency, is ready to move to the next stage.”, said Zohair Dehnadi, Co-Founder & Partner, X Ventures who organized the Summit. Learning from the past to ...

Ethereum’s core developers are engaged in discussions about raising the validator threshold from 32 ETH to 2,048 ETH . This proposal, put forward by Michael Neuder, a researcher from the Ethereum Foundation, aims to address concerns related to decentralization, inflation, and the size of the validator set. Neuder acknowledges that the existing threshold promotes decentralization, but he also highlights the drawbacks of inflation and the substantial number of validators that it entails. Ethereum Developers Want to Raise the Validator Threshold During the latest Ethereum core developer consensus meeting , a gathering of ETH software engineers and researchers, an intriguing notion emerged for elevating the validator threshold from 32 ether to 2,048 ether. As it stands, aspiring validators must possess roughly 32 ETH to commence the validation process, but this proposed adjustment would amplify the threshold by 64-fold. The individual behind this idea is Michael Neuder, a researcher...

Storing your digital assets on a cryptocurrency hardware wallet such as Trezor is considered to be one of the safest ways to secure your funds. If you have lost your PIN number to access it however, you might be afraid your money is completely gone as there is no-one else that can remember it for you. This is not too rare, as the wallet recovery experts from KeychainX estimate there are several thousands Trezor wallets with a lost PIN. The company itself is currently recovering over $10M locked in Trezor wallets. The experts also explain how you can recover your lost PIN. How to Hack a Trezor Hardware Wallet The first step to recover your lost Trezor PIN is to understand all the risks involved, as it requires using side channel attacks, and messing with the physical hardware. The process can result in destroying the wallet or losing access to the assets forever so don’t do anything until you are sure you know what you are doing. You can only try 16 times to enter a PIN to a Trezor a...

Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary restraining order has not been granted by the court. Agreement With the SEC Allows Binance US to Continue Business, Exchange Says The founder and CEO of the world’s largest digital asset exchange, Changpeng Zhao, took to Twitter on Saturday to mark the positive outcome of the latest episode in the clash with the U.S. Securities and Exchange Commission (SEC). CZ also sought to reassure customers that their funds are safe and secure on any of the platforms affiliated with . Although we maintain that the SEC’s request for emergency relief was entirely unwarranted, we are pleased that the disagreement over this request was resolved on mutually acceptable terms. User funds have been and always wil...