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Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions

PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S.…

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Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer

On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized…

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Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’

The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions…

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Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize…

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Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC

The world’s largest asset manager with $10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places…

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Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting…

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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly…

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Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges

Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant…

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Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT Collection

Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related…

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