Advanced threshold cryptography, which is a complex encryption technique, will be employed by the Internet Computer Protocol (ICP) to enable decentralized finance features and activate smart contracts directly on Bitcoin‘s fundamental layer. At Paris Blockchain Week, Aisling Connolly, a senior research scientist at Dfinity, explained to CryptoMoon how ICP‘s adoption of threshold-Schnorr signatures would allow … Read more
In Q1 2024, the South Korean won emerged as the most frequently exchanged traditional money versus cryptocurrencies on a global scale. According to a report by Kaiko released on April 15, more than $456 billion in trading volume was handled by the top crypto exchanges, surpassing the $455 billion mark in U.S. dollar terms. According … Read more
Bullish sentiment soars as halving event nears. However, some indicators suggest the possibility of a further drop in BTC’s value. According to an anonymous analysis by CryptoQuant’s Gaah in a recent report, the Bitcoin market may experience a price drop before any potential increase following the halving event. On April 19th, the planned “halving” occasion … Read more
Hans Zimmer, the renowned film composer, has expanded his portfolio to include the exciting realm of cryptocurrency. He’s teamed up with Tron to create a captivating theme song for the Web3 community. On April 16th, it was revealed that the Tron blockchain would create an anthem of its own, crafted by Zimmer. This musical composition … Read more
The approaching Bitcoin halving might result in a more eco-friendly Bitcoin mining process, as miners could shift towards renewable energy sources to reduce costs and remain competitive. As Bitcoin’s block rewards decrease from 6.25 Bitcoins to 3.125 Bitcoins and the hash rate keeps climbing higher, mining companies may experience reduced profits. As a result, miners … Read more
Gold advocate Peter Schiff challenges the predictions of some market analysts who believe Bitcoin’s price will reach $100,000 during this current market surge. Schiff criticized the impact of Bitcoin ETFs on the market and the resulting demand they generate. Known for his criticism towards Bitcoin, Schiff frequently voiced doubts about its worth and practical applications … Read more